Dubai Taxi Company has upped the number of shares available to retail investors in its IPO, but not the offering itself. We’re seeing a steady rise in the % offered to ordinary punters in local IPOs, says Sameer Lakhani of Global Capital Partners. Dubai Taxi is now at 12%; for contrast, Salik was < 8%.
https://www.dubaieye1038.com/podcasts/bitesizebusinessbreakfast/...
Market expert Muhammad Sameer Lakhani of Global Capital Partners expects The Dubai Taxi Corporation IPO to be ‘substantially over subscribed’.
https://www.dubaieye1038.com/podcasts/bitesizebusinessbreakfast/...