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Shareholding
GCC as on establishment in the process of plant building stage, and therefore there is no generation of profits other than returns on Bank Investment, and looking at the development of GCC share in DSM as one of the most active in the DSM up to now, it can be concluded that investors in the DSM look favorably towards the future & position of GCC
Gulf cement company IPO subscription began for Qatari National from April 2, 2006 through Commercial Bank. The Gulf Cement Company IPO successfully raised more than QR 5.95 billion during the period. The offering was approximately nine times oversubscribed.
More than 195,000 applications were received from Qatari Nationals during the offer period for IPO. The processing of all the applications was completed in less than ten days after the closure of the IPO. |