Maldives Islamic Bank PLC (MIB) has been listed on the
Maldives Stock Exchange.
In a ceremony held at Dharubaaruge, Male City on November
17, 2019, Minister of Finance Mr. Ibrahim Ameer listed MIB on the Maldives
Stock Exchange.
MIB informs that the shares of investors who have subscribed
to the banks IPO have been deposited to their respective securities accounts
of Maldives Security Depository during last week.
With a rate of MVR 34, 31 percent of MIBs share has been sold
through its IPO.
The Companys IPO has sold over MVR 244 million worth of
shares with the minimum limit of 20 shares for each individual.
With the addition of MIB to the stock exchange list, the total
number of companies listed reaches 8.
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