The Clap
Kefi Gold & Cooper has appointed advisers for a potential dual listing in Riyadh as it seeks to take advantage of the IPO boom in the Gulf region.
What
London-listed Kefi Gold said it considered another potential dual listing in Canada or Australia. Still, it is prioritizing a listing on Tadawul, making it the first company outside the Middle East with shares traded on the Saudi Tadawul.
So What
Kefi Gold operates in KSA where it is expected to start production on two gold and copper projects in 2025.
Now What
Olam Group, one of the largest agri-commodities trading companies in Asia, plans to list its agri-business unit in Singapore and Riyadh, during 2023.