Dari in stock exchange
IPO has allowed the company to raise funds to finance its growth projects.
This IPO helped to finance the construction in 2005 of the second production site and acquisition of a new production lines for couscous.
This operation was conducted via a capital increase by an amount of 30 MMAD (Approx 3 MUSD).
Transaction met a great success and was oversubscribed by both institutional and private investors. Free float represents currently 29,4% of the share capital of the company.
Since the IPO, the company has known a very positive evolution and continues its upward trend.
Casablanca Stock Exchange