DIFX IPO?
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DIFX IPO?

 
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DIFX IPO?

Posted on Thu 10 Jan 2008 23:18 by sharewadi 		Reply with quote

Did anyone else notice the comment about a possible IPO for Dubai International Financial Exchange (DIFX) in the report about IPOs yesterday?

Emirates Business 09 January 2008:
Both Yasin and Moustafa agree that the first quarter of 2008 could see some highly anticipated IPOs being launched. Emirates airline, Dubal and Dubai International Financial Exchange (DIFX) are among the eagerly awaited IPOs from Dubai this year.

I don't recall hearing anything about an IPO for them previously. And with very little trading on the exchange at present - even DP World (DPW) activity is low, and no sign of the 10-15 IPOs that were going to list on the DIFX in 2006, you wonder if they're actually making any money.

Still, I suppose if they've spent whatever money they had, maybe an IPO is a good way to top up the bank account.

I wonder if DIFX would list itself on DIFX or DFM Mr. Green ?
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