15
Apr

Asyad Shipping below water as stabilisation ends

Volatile global markets meant it was perhaps inevitable that newly listed Asyad Shipping would need support from stabilisation following its IPO, though Omani companies haven’t always had the easiest debuts of late anyway. Asyad Shipping is the first Omani IPO to include stabilisation and a brownshoe was used. The company allocated up to OR10m of …