To promote investment in the country offering "MIC" Bank raises funding up to 100%

[yota691]

 

To promote investment in the country offering "MIC"

Bank raises funding up to 100%

 

 

 

Doha - Ensign:

Announced Qatar Islamic Bank - a leading Islamic banking in Qatar - its intention to provide funding for Qatari nationals seeking to acquire shares during the initial public offering of company Mesaieed Petrochemical Holding.

The Bank provides funding of up rate to 100% in order to buy shares in a company Mesaieed Petrochemical Holding in the initiative which he will seek to support the Government of the State of Qatar, in line with the directives of His Highness Sheikh Tamim Bin Hamad Al Thani, the Emir of Qatar to urge the country to invest in the future of their country and saving long term.

Company and Mesaieed Petrochemical Holding stakes in projects to manufacture polyethylene, and sodium hydroxide and other chemicals. The U.S. company "Chevron Phillips Chemical," one of its partners in these projects.

The company expects wholly-owned subsidiary of Qatar Petroleum to reap 3.23 billion Qatari riyals (equivalent to 886.2 million U.S. dollars) by offering 323.19 million shares at a price equal to 10.2 QR per share (including the drawing insertion Almtojb of $ 0.2 QR) in this proposal General, note that these shares constitute a stake equal to 26% of the company. The minimum subscription for retail investors, who are required to be Qatari nationals, he is 50 shares, knowing that he can buy the stock within multiples of 50 shares, up to a maximum of one million shares. And closes the IPO shares of Mesaieed Petrochemical Holding on January 21 at exactly one in the afternoon, is also expected to include the company on the local stock market in February.

The Bank provides financing to all Qataris, and may for all family members to take advantage of this offer and competitive profit margin. The percentage of financing up to 100% of the value of shares in the IPO through the bank.

If interested in a subscription to participate and learn more about the offer, which provided the bank by visiting a bank branch following: branches Gharafa, Al Rayyan, Salwa Road, Al Sadd, Airport, Al Wakra, Al Khor, Al Fanar, Muaither, Akherittiyat, Barwa, Mesaieed, Dukhan, Doha New, Grand Hamad Street (Private Banking), the Third Ring Road (Center of Excellence and the Centre for the ladies).

Has been allocated to selected branches in the evening to meet all customer needs: branches Gharafa, Al Sadd, Salwa Road, Airport, Al Rayyan, Al Wakra, and Muaither.

Edited January 14, 2014 by yota691

[nannab]

Godd evening Yota. I see that you don't sleep much either.

Thank you for the post.

(good)