Sunday, October 08, 2006 10:41:24 AM
We should be Millionaires soon ... In SULJA we trust
http://www.emaar.com/MediaCenter/PressReleases/2006October1.asp
"With an authorised share capital of SR8,500 million, comprising 850 million shares of nominal value SR10 each, Emaar.E.C offered 30 per cent of the equity, fully subscribed by the public. Open only for Saudi nationals, the IPO was for 255 million shares at a nominal value of SR10 each.
Over 10 million Saudis – approximately half the country’s national population subscribed to the IPO - a record for the Kingdom. The IPO was oversubscribed by 2.82 times and received 2.8 million applications with the total amount subscribed at SR7.18 billion."
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