OQGN’s record-breaking IPO lists on Muscat Stock Exchange

OQ Gas Networks SAOG (OQGN) has successfully made its debut on the Muscat Stock Exchange (MSX), becoming the largest-ever initial public offering (IPO) in the Sultanate of Oman.   The listing took place under the auspices of Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals. Also present were Shaikh Abdullah bin Salem […]

Oman’s OQ Gas Networks expected to price IPO at top of range

Oman’s OQ Gas Networks (OQGN), the pipeline business of state oil giant OQ, is expected to price its $771m initial public offering (IPO) at the top of the marketed range, according to terms seen by Reuters. Orders below 140 Omani baisas ($0.36) per share risk missing out on the deal, one of the banks on […]