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Zain Bahrain hands 65% of IPO shares to underwriter

2014-10-03 13:20:00| Telecompaper Headlines

(Telecompaper) Zain Bahrain has announced the results of its initial public offering (IPO) of shares. It said some 16,714,903 shares amounting to 34.8 percent of the offering would be allotted to retail and institutional investors, with all subscribers getting the number of shares they had applied for. The remaining 31,285,097 shares or 65.2 percent will go to the underwriter, Gulf-Daily reported. The IPO comprised 48 million shares or 15 percent of issued shares prior at a price of BHD 0.190.

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Zain to kick off Bahrain IPO next month

2014-08-05 02:00:00| Total Telecom industry news

Telco to sell off 15% stake at a price that should see it raise 18 million.

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Zain to offer high-speed Wi-Fi to customers at Avenues Mall

2014-07-14 12:04:49| Wireless - Topix.net

Zain, the leading telecommunications company in Kuwait, announced that it will be providing high-speed Wi-Fi Internet coverage to customers at the Avenues Mall in Kuwait.

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Zain claims victory in Iraq case

2014-07-10 02:00:00| Total Telecom industry news

Iraqi court throws out $4.5 billion claim against Kuwait-based operator by unnamed telco.

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Zain signs 882m Saudi network upgrade deal

2014-06-25 02:00:00| Total Telecom industry news

Saudi Arabian mobile operator contracts five vendors, including Nokia Networks, for three-year network modernisation project.

Tags: network deal upgrade signs

 

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