Doha Securities Market (DSM) informed that its Management received a letter from Industries Qatar (IQCD) seeking listing in both Dubai Financial Market (DFM) and Abu Dhabi Securities Market (ADSM) and clarification regarding the necessary required steps in listing the company's shares in both markets.
A reliable source from the DSM declared that company (Industries Qatar) has previously expressed its intention to be listed in both markets and the DSM has notified the company previously that a letter of intent and a cross listing agreement must be presented and approved by all parties involved being the preliminary and initial step with this process.
The same reliable source said that disclosing such information by the DSM is a reflection of how the Doha Securities Market ensures timely and equal access of information to all market participants with accuracy, timeliness and sufficiency.
Qualify DSM to be a remarkable economic sign locally and abroad by being committed to becoming a world-class securities market that guarantees unique investment opportunities hand in hand with Qatar's development economic cycle, and constitute an attractive and pointed market for domestic and international concerns. Ultimately, be a member of all international organizations which add value to DSM vital role.
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