Home2024Salik numbers: the toll company saw revenue rise just under 12% in 2023, and plans to expand where it gets its money from. We know about the two new gates; it also wants more private parking opps like Dubai Mall, geographical expansion and dynamic (read: surge/congestion) pricing, says Sameer Lakhani of Global Capital Partners FZ LLC. Salik numbers, the proxy data cut: trips are up 10%, the number of vehicles registered up just over 8%, revenue from fines ‘performed strongly’, up 7.5%. I like to think I’ve helped with that. Parkin shares go on sale today at around the 2 AED mark, and will almost def be oversubscribed. Retail investors are set to get 10% of the offering, Sameer says its ‘fairly likely’ that will be increased.
Salik numbers: the toll company saw revenue rise just under 12% in 2023, and plans to expand where it gets its money from. We know about the two new gates; it also wants more private parking opps like Dubai Mall, geographical expansion and dynamic (read: surge/congestion) pricing, says Sameer Lakhani of Global Capital Partners FZ LLC. Salik numbers, the proxy data cut: trips are up 10%, the number of vehicles registered up just over 8%, revenue from fines ‘performed strongly’, up 7.5%. I like to think I’ve helped with that. Parkin shares go on sale today at around the 2 AED mark, and will almost def be oversubscribed. Retail investors are set to get 10% of the offering, Sameer says its ‘fairly likely’ that will be increased.
