• 6 months ago

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00:00Today, the Spenis stock market has embarked on a new phase in the Dubai financial market.
00:09So, what does this proposal entail?
00:12First of all, the total capital of the company is 36 million dirhams.
00:19The company has announced that it will invest 25% of the capital, as well as 900 million shares.
00:27Of course, this is the list that has been launched today.
00:30It will continue until 29 April for individuals, and until 30 April for professional investors.
00:41The price range for this proposal is limited to between 1.42 and 1.53 dirhams.
00:50This will continue until 1 May, when the company will announce the detailed proposal for this price.
00:57The total amount of the proposal will be between 1,277,000,000 dirhams and 1,377,000,000 dirhams.
01:10Of course, the market value of the company is expected to reach 5.5 billion dirhams.
01:18The company has allocated this proposal for two areas.
01:21The first area is that it is only 5% of the shares for individuals and 95% of the shares for professionals in general.
01:31In a previous interview with CNBC Arabia, the CEO of the company,
01:36talked about the distribution plan when he stated that the plan is expected to distribute 70% of the annual profits,
01:44but for two periods, in each of April and October of the company's financial year.
01:52It is also expected that in the next 9 May, the company's shares will begin to be distributed in the Dubai financial market.

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