FINANCIAL NEWS

Middle East MEAHCO raises USD 3.19bn from IPO

06 Apr 2016

(MENAFN) Middle East Healthcare Co. (MEAHCO) IPO involved the sale of 27.61mn shares, representing 30 percent of MEAHCO’s share capital.

Furthermore, the whole amount of produced combined orders was USD 3.19bn, while the coverage ratio of institutional investors was 593.7 percent.

The initial public offering of MEAHCO is an important milestone in the firm’s successful journey.

The firm will host any investors and will continue to offer quality medical care to its patients and make value for shareholders.

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