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Bank Muscat offers financing solutions to both retail and institutional investors subscribing to the OQGN Initial Public Offering (IPO)

​Muscat: 2 October 2023

Bank Muscat, the leading financial service provider in the Sultanate of Oman, is pleased to offer financing solutions to individual and non-individual (institutional) investors interested in subscribing to the Initial Public Offering (IPO) of OQ Gas Network. 

The subscription period for the individual investors commenced on 26th September 2023 and would end on 5th October 2023, whereas the subscription period for non-individual investors spans from 26th September to 9th October. Each investor will require an investor folio number with Muscat Clearing & Depository (MCD) to subscribe to the IPO. Being the largest IPO in Oman, the offering is expected to receive positive response from retail and institutional investors based in Oman and outside of Oman and therefore financing solutions offered by Bank Muscat exclusively for this IPO are expected to help the ...

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