UAE: How to invest money in Dubai Salik for best AED 2 per share
Salik, Dubai`s toll gate operator, plans to
elevate AED three billion in its preliminary public providing, additionally
known as an IPO, and the percentage rate is about AED 2 in line with
proportion, with 1. five billion stocks taking place for sale.
That stands at approximately 20% of the employer`s
issued proportion capital on offer, with the Dubai authorities booking the
proper to boom the scale of the providing at any time earlier than or after the
subscription length ends.
The plans come as Dubai is attempting to enhance
the marketplace capitalization of its neighborhood inventory marketplace,
following DEWA and Tecom Group at the Dubai Financial Market.
For many, the Salik IPO is the maximum engagement
yet.
How to invest & buy shares in Salik
To make investments, head to
- Emirates NBD
- Abu Dhabi Commercial Bank
- Abu Dhabi Islamic Bank
- Ajman Bank
- Commercial Bank of Dubai
- Dubai Islamic Bank
- Emirates Islamic Bank
- First Abu Dhabi Bank
- Mashreq Bank
- MBank and Sharjah Islamic Bank each of these banks is providing stocks.
Dividends are deliberate for April 2023 for the
second one 1/2 of 2022, with a deliberate one hundred in line with cent of
the internet earnings besides for prison reserves.
Salik weighs `dynamic pricing` that may boom sales
Erik has an ability plan in the region to address
congestion in Dubai`s roads—dynamic pricing—or surge pricing with a view to
spike tolls throughout rush hour, in positive lanes, and on the busiest
instances withinside the day.
"The Roads and
Transport Authority (RTA) ought to enforce dynamic evaluation via optimizing
the toll prices relying at the time of the day on, as an example, via the method of
means that of charging an improved toll worth for explicit lanes or throughout
high hours,” the leader explicit in its commercialism announcement.
Dubai`s Salik wouldn`t be the primary to enforce
the sort of plan—that`s already the way it works in Dallas, Texas, and in
Singapore.
Salik Dubai
One of the 8 toll gates in Dubai
“We
presently maintain an evaluation of AED four for Salik.. however, there are totally different dynamic structures around the arena that value additional
throughout prime hours than off-top hours. That is known as dynamic pricing. This is primarily based
totally on transportation take a look at with a view to be carried out via
way of means of the RTA and Salik to gain the not unusual place aim of seamless
transportation withinside the emirate. All this may be a concern to approval from
the Executive Council of Dubai,” stated Abdul Muhsen Kalabat, vice-chairman of
the Salik Board of Directors.
Salik`s huge flow in the direction of IPO in Dubai
Salik is presently doing research to determine the
first-rate plan of action. Back in June, Dubai stated that toll gates can be
eliminated or changed deepening to the Chairman of the Executive Council of
Dubai.
Mattar Al Tayer, chairman of the employer, stated
any boom withinside the wide variety of gates or price lists might be primarily
based totally on research that can be carried out via way of means of the RTA
and the employer. The Executive Council of Dubai will take a very last choice
in this regard.
“After RTA undertakes a thorough traffic analysis in collaboration with
Salik and a directive signed by the Chairman of The Executive Council of Dubai,
new toll gates may also be installed.
The organization is aiming to elevate around $1
billion with its first IPO, or 20 in line with cent of the employer.
The employer presently has a whopping 3 million
registered automobiles that by skip thru, with 1. eight in Dubai alone. There are
8 toll gates underneath operation. There is a plan for extra gates coming
withinside the future,
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