Development Partners International (DPI)’s Post

OQ Base Industries IPO opens today OQ Base Industries is set to open its initial public offering (IPO) today, Sunday, marking a significant milestone in its transformation journey. The subscription window will run for five days for individual investors and eight days for institutions. This IPO involves approximately 1.7 billion shares, representing 49% of the company’s capital. Valued at over RO 180 million, the public subscription complies with Islamic Sharia principles. It is the fourth company from the OQ Group to be converted into a public joint-stock entity and listed on the Muscat Stock Exchange. Read more: https://lnkd.in/dAW78Fkd OQ Base Industries OQ Muscat Stock Exchange S.A.O.C @Financial Services Authority #OQ #Base #Industries #IPO #MSX #OmanBiz

Turning Challenges into Global Opportunities 🌐 Looking back on the past few years, I’m proud of the strides we’ve made at Heneken Group. Establishing a modern aluminum factory in Turkey and acquiring the largest facility in South Africa were milestones that reflect our long-term vision for growth. While Adrian Stolar and I complement each other in business, he excels in daily operations, I’ve always been focused on strategic growth and expansion. The project in Turkey was years in the making, and our presence there is now a reality, with production in full swing for the past year. In South Africa, I initiated discussions with local investors, which eventually led to our acquisition, despite the factory not being on the market. Canada, on the other hand, was Adrian’s vision, and his insight proved invaluable as we integrated this magnesium factory into our portfolio. I’ve always been drawn to new challenges, and these projects represent our ambition to constantly evolve and push boundaries. Today, Heneken is transforming into a more corporate entity, bringing its own set of challenges. We now require specialists with clearly defined roles to ensure our operations are efficient, especially in times of market downturns. As we continue to grow, I remain committed to driving our strategic vision and ensuring we maintain our position as a leader in the industry. #HenekenGroup #WeTalkMetals #Growth #Aluminum #Acquisitions

#OlamAgri Holding's proposed acquisition of #NamoiCotton raises concerns The ACCC has published a Statement of Issues outlining preliminary competition concerns with Olam Agri Holding’s proposed acquisition of Namoi Cotton Ltd (ASX: NAM). Olam, through its wholly owned subsidiary, Queensland Cotton, and Namoi both supply cotton ginning, cotton lint classing, logistics and warehousing services in Australia. Both Olam and Namoi also engage in the acquisition and marketing of cotton lint and cottonseed. The ACCC is concerned that the proposed acquisition would be likely to substantially lessen competition in the supply of cotton ginning services in the Lower Namoi Valley in New South Wales and the supply of cotton lint classing services.... https://bit.ly/4eAmTo4 #Australia #Agriculture #Cotton #Merger Via accc.gov.au

$AGBA- AGBA + Triller MEGA MERGER. The Forward Split is a smart mechanism our partner at Triller designed to assign additional economic value to our existing shareholders at AGBA. This is an ‘appreciation’ for all the support we have received from our AGBA shareholders. From this Forward Split, our existing AGBA shareholders have received more AGBA shares in a way very similar to a ‘stock dividend.’ We extend our gratitude to our Triller colleagues and counsels for coming up with such an ingenious structure for our shareholders. We all have high confidence on how our stock price will perform going forward https://lnkd.in/e7ShisGm AGBA Triller TrillerTV

We have managed to obtain one of the first, if not the first merger control clearance under the new regime in place since June 1st 2024. We were also the first to obtain clearance regarding two interrelated transactions that are essentially linked and mutually contingent upon each other. The ECA were very efficient, professional and understanding and delivered this complex approval in a very short time under the circumstances. The two interrelated transactions which are already published on the ECA's website are the acquisition by OSD of 55% of the shares of Nile Investment which was an essential condition for the acquisition by Tahweel, a Saudi based company of 99.17% of the shares of Nile from OSD (who previously owned around 45% of the Nile Shares prior to the first acquisition). – By our Founding Partner Dr. Firas El Samad and Associate Mr. Mohamed Fouda   #mergercontrol #acquisition #expand #Competition

The Competition Bureau has released its report on the proposed $8.2 billion takeover of Viterra by Bunge, finding that the transaction would worsen competition in Canadian grain and canola oil markets. Bunge and Viterra are two agribusiness giants with operations across Canada and the globe, with Bunge owning 25% of G3 Global Holdings, another important player in Canada’s grain market. #Farmers across Canada depend on competition between these companies to get the best price for their products domestically and internationally. The merger would remove a vigorous competitor from the market and take $19 million annually out of the pockets of Canadian farmers. CAMP supports the Bureau's findings. We are urging Minister Rodriguez to block this merger and #StandWithFarmers #CanadianAgriculture #CanadianTransport Read more here: https://loom.ly/5HPWI8w

OQEP lists on MSX Third Market ahead of IPO MUSCAT: OQ Exploration and Production Co (OQEP), the upstream arm of OQ Group, has been officially listed on the Third Market of the Muscat Stock Exchange (MSX). This listing, initiated under Administrative Decision No (104/2024), signifies a pivotal step in its transition from a limited liability company to a closed joint-stock company. The move comes as OQEP prepares to launch an initial public offering (IPO), offering up to 25 per cent of its shares to a mix of institutional and retail investors. Read more: https://lnkd.in/dwAAmW4c OQ Exploration & Production OQ Muscat Stock Exchange S.A.O.C Oman Investment Authority #IPO #ThirdMarket #InitialPublicOffering #Oman #OmanBiz

OQEP to list on Muscat Stock Exchange on Oct 28 MUSCAT: The Muscat Stock Exchange (MSX) is set to list shares of OQ Exploration and Production Company this Monday, October 28, marking a pivotal event in Oman’s financial landscape. Following an immensely successful public subscription, OQ’s IPO has set records as the largest offering in Oman’s history, with the company releasing 25% of its capital — equivalent to two billion shares. From September 30 to October 10, investors showed overwhelming interest, with demand reaching RO 1.8 billion and oversubscription hitting 2.4 times. Read more: https://lnkd.in/ddM56bBk OQ Exploration & Production Muscat Stock Exchange S.A.O.C Financial Services Authority United Securities LLC OQ #OQEP #MSX #IPO #Stocks #Oman #OmanBiz

The FMN Group restructures to drive Pan-African growth, unlock shareholder value https://lnkd.in/gNeCzCGh #millinginsights #grains #flour #storage #silo #investments #wheat #gmo #durum #oilseeds #edibleoils #commoditytrading #newproduct #acquisition #bakingindustrynews #financialstatements #snacknews

The Board of Directors of Kambi Group today announces its capital allocation strategy: to return capital to shareholders through share buybacks while ensuring sufficient funds for the Company’s operational needs. Moreℹ👇🏻 #thegamblest #igamingnews #gamblingnews