By Listing Investment Holding Group Number of QSE
Listed Companies Reaches 45
August 14, 2017
Today, Monday, August 14,2017, Investment Holding Group was
listed on Qatar Stock Exchange (QSE) to raise the number of
listed companies to 45.
Mr. Mohamad Ghanim Al-Hodaifi, Deputy CEO of Investment Holding
Group, rang the market-opening bell today to celebrate the
listing on Qatar Stock Exchange. The
ceremony was also attended by Mr. Misnad Abdul Latif Al-Misnad,
CEO of Qatar Central Securities Depository, in addition to
several officials and representatives from the financial sector.
Mr. Rashid bin Ali Al-Mansoori, CEO of Qatar Stock Exchange,
expressed his pleasure to list Investment Holding Group and said
that the listing would stimulate other family companies to go
public on QSE.
“We are pleased to welcome Investment Holding Group into the
family of listed companies on the exchange. Investment Holding
Group is a company that will increase exchange depth and brings
new opportunities to the investing public. The listing
demonstrates the interest of family businesses in listing on
Qatar Stock Exchange, which is largest MSCI-emerging market in
the Middle East.” Al-Mansoori said.
“There has been a great deal of interest in the recent period to
transform family companies to public shareholding companies and
that there are a number of family companies that have applied
for listing on QSE, which is ready to receive family businesses
whether in the main market or in the Venture Market dedicated to
small and medium enterprises,” Al-Mansoori highlighted.
Commenting on the event Mr. AL-Hodaifi said: "I would like to
take this opportunity to thank the QFMA and QSE management, as
well as their respected team members, for all their efforts in
making this listing a reality. We look forward to continuing our
cooperation with them to further strengthen Qatar’s financial
market position.”
“The listing was a milestone in the history of Investment
Holding Group and a reinforcement of the company's reputation
and growth, and we encourage family companies to be listed on
QSE to benefit from the various investment advantages and
advanced infrastructure,” Al-Hodaifi added.
Investment Holding Group has a share capital of QAR 830,000,000
divided in to 83,000,000 ordinary shares and each Share has a
nominal value of QAR 10. All Shares are fully paid up, its
business activities is to operate as a holding company, serving
as the legal owner of the Portfolio Companies.
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