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INSILICO Reportedly Exploring Secondary Listing in Abu Dhabi
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INSILICO (03696.HK) is exploring a secondary listing in Abu Dhabi, potentially becoming the first non-Gulf company to list on the local exchange, Bloomberg reported, quoting people with the knowledge of the matter.

INSILICO, which only went public in Hong Kong last December, has reportedly begun preliminary discussions about listing on the Abu Dhabi Securities Exchange as early as this year. The company may pursue a direct listing, although its shareholders could seek capital raising afterward.

Related News UBS Initiates Coverage on INSILICO (03696.HK) with Buy, TP HKD77
INSILICO's share price closed down 4.21% at HKD48.28 today (26th). Compared with its IPO price of HKD24.05 per share, the stock has recorded a cumulative spike of 1x.
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