Taageer Finance plans OMR5m-bond issue

19/12/2017 13:04 AST

Taageer Finance Company plans to issue non-convertible bonds worth OMR5 million, with a green-shoe option of OMR2.5 million additional bonds.

The issue will be by way of private placement, Taageer Finance said in a disclosure statement posted on Muscat Securities Market (MSM) website. The shareholders have approved the proposal to issue bonds at an extraordinary general meeting on Monday. The shareholders have also approved a proposal to authorize the board to take all necessary steps for the bond issue.

Taageer Finance in October announced its financial results for the first nine months of 2017. The company's net leasing portfolio has grown by 1.45 per cent from OMR148.94 million in September 2016 to OMR151.11 million for the same period of this year. The net profit for the first nine months ending September 2017 was OMR3.17 million as against OMR3.11 million for the same period of 2016.


Times of Oman

News

Taageer Finance unveils customer-friendly mobile app

09/01/2018

Taageer Finance, one of the leading non-banking finance companies (NBFCs) in Oman, has become the financial institution to launch a mobile app - branded as "Tamweeli," for its customers.

T

Times of Oman

Taageer Finance plans OMR5m-bond issue

20/12/2017

Taageer Finance Company plans to issue non-convertible bonds worth OMR5 million, with a green-shoe option of OMR2.5 million additional bonds.

The issue will be by way of private placement,

Times of Oman

Taageer Finance plans OMR5m bond issue

06/12/2017

Taageer Finance Company has decided to convene an extraordinary general meeting (EGM) on December 18 to seek approval for a OMR5-million non-convertible bond issue as private placement. The bond issu

Times of Oman

Most Viewed Companies

Ticker Price Volume

Valuation

TFCI Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
BKSB 0.20 -0.01 (-4.77%)
BKMB 0.41 0.00 (0.00%)
NBOB 0.49 -0.01 (-2.00%)
ABOB 0.21 0.01 (5.00%)
BKDB 0.20 0.00 (0.00%)

Recent News

Knowledge Economic City gets funding for Islamic World District project

19/06/2026

Knowledge Economic City has announced that it has secured a SAR150 million ($40 million) shariah-compliant financing facility from Saudi-based Riyad Bank to fund construction work on the first phase

Trade Arabia

e& plans world's first commercial U6GHz network in UAE

19/06/2026

e& UAE today announced it has awarded a contract to a strategic infrastructure partner to roll out the world's first commercial mobile network using Upper 6GHz (U6GHz) 256TRX Giga-MIMO technology. <

Trade Arabia

GWC launches air-to-land logistics corridor

19/06/2026

Gulf Warehousing Company (GWC) has announced that it has for the first time extended its end-to-end supply chain to include a fully operational air-to-land logistics corridor powered by the TIR syste

Gulf Times

Dubai's Amanat acquires 100% of Cambridge Health in Dh105m deal

19/06/2026

DFM-listed Amanat Holdings PJSC has completed the full acquisition of Cambridge Health Group after buying an additional 10.03 per cent stake for Dh105 million.

The deal gives Amanat 100 per

Gulfnews

Saudi Aramco Weighs Global Oil Storage Facilities to Boost Energy Security

19/06/2026

Saudi Arabia laid out a new strategy in Rome to strengthen global supply chains and build a broader partnership model with Europe, seeking to move beyond current geopolitical pressures and deepen eco

Arab News

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap