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Posted On: 17 March 2009 08:54 am
Updated On: 12 November 2020 02:09 pm

ILQ Exclusive: Vodafone IPO information

Khalifa Al Haroon
Khalifa Al Haroon
Your friendly neighborhood Qatari
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ILQ Exclusive Vodafone has officially flicked on it's switch and started services from the 1st of March. In the coming days, Vodafone ahs announced that they plan to also select their first thousand users. The buzz that's getting more people interested is the IPO itself. The date April 12 2009 has been set as the launch of the IPO where Qataris will be able to invest in 40% of the company. The IPO is due to run through until April 26 2009. The amount to be raised is roughly 338,000,000 shares at a value of 10 QR + 25dhs. The general public are definately welcome an opportunity to recoup some of their losses after the financial crisis, which some have claimed did not impact Qatar as much as other countries. We at ILQ think that it's a great investment and if you do your research, you'll see that Vodafone is a company that's going to take care of it's investors both in the short and especially in the long term. ILQ NEWS IMG_0070.JPGIMG_0071.JPGIMG_0072.JPGIMG_0073.JPG