An Initial Public Offering comprising of an Offer for Sale and an Offer for Subscription.
|Purpose||The proceeds raised through the offer for sale are to be given to the Selling Shareholder, and the proceeds raised through the Offer for Subscription are to be utilized to support the growth of the financing portfolio and overall business of the Bank.|
|Opening Date||28th Jul 2019, 12:00 AM|
|Closing Date||18th Sep 2019, 12:00 AM|
|Allotment Date||8th Oct 2019, 12:00 AM|
|Company||Maldives Islamic Bank Plc|
|Issue Price||MVR 35.00|