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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. 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. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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