FSA approves subscription allocation for OQ Base Industries

MUSCAT : According to the approved distribution, a minimum of 30,000 shares were allocated, with 29.269 percent of the subscribed shares going to small individual investors, while 72.817 percent were allocated to large individual investors.

The subscription process saw strong investor interest, with the total value of the offered shares reaching approximately RO 387 million. This impressive demand reflects the confidence of both local and foreign investors in OQ Base Industries, the Omani capital market, and the broader attractiveness of the national economy.