Dubai’s ALEC aims for Dhs7bn valuation in highly anticipated IPO

Image credit: Dubai Media Office/Website ALEC Holdings PJSC (under conversion in Dubai, UAE) (“ALEC” or the “Company”), a market-leading diversified engineering and construction group, has officially announced the price range per share and the start of the subscription period for its highly anticipated initial public offering (IPO) on the Dubai Financial Market (DFM).Read: IPO update: ALEC Holdings plans to list on Dubai Financial MarketThis marks a pivotal moment for one of the region’s largest constructi ...