ReddStarr: Shares will be offered via an IPO
“The largest joint-stock company”….”hundreds of new business”….”shares offered via IPO”….meaning Initial public offerings…..can you say internationally sold shares….yes!….IMO
Basra Businesses Unite for New Ventures, New Bank!
The Basra branch of the Iraqi Businessmen’s Association has announced the founding of the largest joint-stock company in the province.
The new firm will involve hundreds of businesses in a variety of ventures, including construction, tourism, and setting up its own bank.
Sabih Habib al-Hashemi, the head of the Association, said that at least 500 businessmen will participate, with an initial capital of more than 100 billion Iraqi dinars ($85 million), increasing to 250 billion dinars.
http://www.iraq-businessnews.com/2016/06/03/basra-businesses-unite-for-new-ventures-new-bank/
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FrankVideo #1 https://youtu.be/Fjf4CXQHNSM
Video #2: https://youtu.be/YrjowP9OvEQ
