Doha-Mubasher: Gulf Warehousing Company (GWC) said that listing its shares, post-capital increase, is still undergoing approvals of the concerned authorities.
Earlier, the company said it has established a new pricing mechanism specific to subscribers who request excess shares during the company’s ongoing rights issue.
The firm conducted the rights issue so as to account for 25% of the issued capital, equivalent to 11.89 million shares at QAR 38.5 each.
The rights issue subscription period commenced on 8 November and ended on 25 November.
