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Article: ajman bank lists on dubai financial market.
- Article from:
- Albawaba.com
- Article date:
- June 22, 2008
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Ajman Bank PJSC ("Ajman Bank" or the "Bank") today announced the listing of its shares on the Dubai Financial Market ("DFM"). Ajman Bank's share ticker is AJMANBANK and its shares will be traded on the DFM from today.More than 211,000 UAE and non-UAE investors applied for shares in the Initial Public Offer, submitting over AED42 billion for investment, representing an over-subscription rate of more than 77 times.Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Bank, commented, "This is a momentous day for Ajman Bank and for Ajman. The bank will play a central role in the economic development of Ajman and it will also help to deliver a new and ...