Trading in “Baladna” shares started on the stock exchange
12 December, 2019
In the presence of a number of prominent guests, investors and interested persons, as well as a number of members of the Board of Directors of the Qatar Stock Exchange and the Chairman and members of the Board of Directors of “Baladna”, yesterday, the shares of “Baladna” were listed for trading on the Qatar Stock Exchange, bringing the number of companies listed on the market to 47 Qatari public shareholding companies.
The listing process, which was held on the Qatar Exchange, was attended by Mr. Rashid Al Mansouri, CEO of Qatar Stock Exchange, Mr. Moataz Al Khayyat, Chairman of the Board of Directors of “Baladna”, Mr. Mohamed Badr Al Sadah, Vice Chairman, and Mr. Ramiz Al Khayyat, Managing Director, in addition to the top management of the company Baladna for the food industry, strategic investors, and transaction consultants.
On this occasion, Mr. Moataz Al-Khayyat said: “It is an important day for us in our country and the State of Qatar in general. We are very proud of the remarkable turnout of investors, which, if anything, indicates their confidence in the Qatar Stock Exchange and our promising future. We are delighted to welcome the Qatari citizens, as investors and participants in the success of the company, and partial owners in the dairy and fast-growing fresh drinks industry in Qatar. ”
He added: «We are also proud to be the forty-seventh company that is traded on the Qatar Exchange, after the completion of the successful initial public offering. For now, our focus will be on achieving the results that we determined to reach in our growth plan and maintaining our commitment to ensuring the self-sufficiency of the State of Qatar in its daily needs. ”It is reported that“ Our Country ”was established in the final form on December 2, with authorized capital And a source worth 1.9 billion riyals, which is fully paid 100%.
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