The direct inclusion and trading on Alpha Holding Company in the Abu Dhabi Financial Market, which is 10 billion dirhams, and operates in 5 sectors and has 25 subsidiaries.
According to Arab Net, Infinity Wave Holdings and IHC Capital Holding has a 44% share in alpha each.
Alpha has bought a 12% stake in Aldar Properties in March.
Last April, the International Holding Company has completed the purchase of 45% stake in Alpha Dhabi Holding, to become the world Holding after the deal, the second largest listed market value in the Abu Dhabi market, after Etisalat.
It is noteworthy that alpha, which is concentrated in the real estate and construction sector, last month acquired a 12% stake in the real estate house, through a subsidiary of Sobalen Business Investments.
In a related context, Yah Satellite Telecommunications Company will also begin by putting up between 30 and 40%, from its capital distributed to three slices, one of which is equivalent to 10%, compared to 90%, for institutions and 1%, For Mubadala and its subsidiaries.
The IPO will begin on 27 June this month to be inserted on July 14.
Yah Sat satellite is planned for a 40% stake in Abu Dhabi next month, while the first priority in the Abu Dhabi Securities Exchange since 2017.
