{"id":161937,"date":"2025-10-01T23:35:34","date_gmt":"2025-10-01T16:35:34","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alec-ipo-raises-381m-after-21x-oversubscription-in-uaes-biggest-construction-listing\/"},"modified":"2025-10-02T00:01:56","modified_gmt":"2025-10-01T17:01:56","slug":"alec-ipo-raises-381m-after-21x-oversubscription-in-uaes-biggest-construction-listing","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alec-ipo-raises-381m-after-21x-oversubscription-in-uaes-biggest-construction-listing\/","title":{"rendered":"ALEC IPO raises $381m after 21x oversubscription in UAE\u2019s biggest construction listing"},"content":{"rendered":"


\nALEC\u2019s IPO on the DFM raised $381m with demand topping $8.1bn, marking the UAE\u2019s biggest-ever construction listing by size and value
\n
\nSource : arabianbusiness.com
\nRead more…ALEC IPO raises 1m after 21x oversubscription in UAE\u2019s biggest construction listing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

ALEC\u2019s IPO on the DFM raised $381m with demand topping $8.1bn, marking the UAE\u2019s biggest-ever...<\/p>\n","protected":false},"author":1,"featured_media":161938,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-161937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/10\/Alec-Holding-Dubai-IPO-DFM-1000x658-1.jpg?fit=1000%2C658&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-G7T","jetpack-related-posts":[{"id":126421,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uaes-first-special-purpose-acquisition-company-to-open-ipo-subscription-period-on-12-may\/","url_meta":{"origin":161937,"position":0},"title":"UAE\u2019s first special purpose acquisition company to open IPO subscription period on 12 May","date":"May 11, 2022","format":false,"excerpt":"\r The company aims to raise $99 million (AED 367 million) through its IPO listing. ADC will float 36.7 million shares on ADX with an offer price of AED 10 per share.\r \r Source : arabianbusiness.com\r Read more...UAE\u2019s first special purpose acquisition company to open IPO subscription period on 12\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/05\/Stock-market-1000x649-1.jpg?fit=1000%2C649&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":130158,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uaes-burjeel-announces-price-range-subscription-period-for-ipo\/","url_meta":{"origin":161937,"position":1},"title":"UAE\u2019s Burjeel announces price range, subscription period for IPO","date":"September 30, 2022","format":false,"excerpt":"\r The price for the offering ranges between AED2.00 to AED2.45 per share, implying an equity value of $2.7 billion to $3.3 billion\r \r Source : arabianbusiness.com\r Read more...UAE\u2019s Burjeel announces price range, subscription period for IPO","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/09\/burjeel-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":133244,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uaes-alec-snaps-up-target-engineering-to-create-2bn-turnover-firm\/","url_meta":{"origin":161937,"position":2},"title":"UAE\u2019s ALEC snaps up Target Engineering to create $2bn-turnover firm","date":"December 21, 2022","format":false,"excerpt":"\r UAE firm ALEC Engineering and Contracting (ALEC) has signed a deal to acquire TARGET Engineering Construction Company\r \r Source : arabianbusiness.com\r Read more...UAE\u2019s ALEC snaps up Target Engineering to create bn-turnover firm","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/12\/kez-taylor-1000x658-1.jpg?fit=1000%2C658&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":15520,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uaes-al-habtoor-group-moves-closer-to-ipo-weighs-europe-acquisitions\/","url_meta":{"origin":161937,"position":3},"title":"UAE's Al Habtoor Group moves closer to IPO, weighs Europe acquisitions","date":"June 5, 2016","format":false,"excerpt":"\r Al Habtoor Group, the sole dealer of\u00a0Bentley and Bugatti in the UAE, is closer to the initial public offering it has been considering since 2000,\u00a0its chief executive officer said in an interview.\"We have all the documents ready, all that we need to do is to update all the information\"\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81356,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uaes-mubadala-may-sell-shares-in-three-firms-this-year\/","url_meta":{"origin":161937,"position":4},"title":"UAE's Mubadala may sell shares in three firms this year","date":"February 27, 2018","format":false,"excerpt":"\r CEO Khaldoon Al Mubarak hints at plans as IPO activity picks up in the UAE\r \r Source : arabianbusiness.com\r Read more...UAE's Mubadala may sell shares in three firms this year","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69588,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/britains-biggest-debt-collector-cabot-joins-uk-ipo-rush-with-1bn-listing\/","url_meta":{"origin":161937,"position":5},"title":"Britain's biggest debt collector Cabot joins UK IPO rush with \u00a31bn listing\u00a0","date":"October 20, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Britain's biggest debt collector Cabot joins UK IPO rush with \u00a31bn listing\u00a0","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/161937"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=161937"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/161937\/revisions"}],"predecessor-version":[{"id":161939,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/161937\/revisions\/161939"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/161938"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=161937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=161937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=161937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}