APM Terminals Bahrain appoints new board members after IPO

      Published on Saturday, 29 December , 2018      360 Views     
APM Terminals Bahrain appoints new board members after IPO


APM Terminals Bahrain, the operator of the kingdom’s only commercial port, Khalifa bin Salman Port, has announced the appointment of six new directors as the company starts a new era as a public listed entity.



Following the successful oversubscription of its IPO, the new board of directors include David Skov, Soren Jakobsen and  Fawzi Ahmed Kanoo as executive directors.

In addition, Jesper Kjaedegaard will serve as a non-executive director, while Mohamed Bin Ebrahim Juma Alshroogi and Nadhem Saleh Al-Saleh have been appointed as independent directors.

The company said in a statement that the board of directors will “play an integral role in the future by providing guidance where required to improve the overall business performance of APM Terminals Bahrain and to ensure that Khalifa Bin Salman Port continues to be a major contributor of Bahrain’s economic development”.

APM Terminals Bahrain was the first transport and logistics company in the kingdom to list on the Bahrain Bourse with an oversubscription of more than four times the offer size.



The recent IPO is credited to be one of the most successful in Bahrain’s recent history, in terms of investor participation with 97.4 million shares being applied for.

Keywords:
Category Business | 2018/12/29 latest update at 8:02 AM
Source : Arabian Business | Photocredit :
361 Views
Comments Add comment



Gulf Media

Related Articles

The editorial staff of Bahrain Today would like to give all of its readers from Gulf and Bahrain and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Bahrain Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Bahrain, the Gulf and the world.


HM King issues Decree 40/2019 King

HM King issues Decree 40/2019

His Majesty King Hamad bin Isa Al Khalifa issued Royal Decree 40/2019 restructuring the Supreme Judiciary Council. The…

HM King thanked by HM Queen Elizabeth II King

HM King thanked by HM Queen Elizabeth II

His Majesty King Hamad bin Isa Al Khalifa received a cable of thanks from Queen Elizabeth II in…

Bahraini King stresses importance of bilateral relations with Iraqi President King

Bahraini King stresses importance of bilateral relations with Iraqi President

Bahrain’s King Hamad bin Isa al-Khalifa held a phone call on Friday with Iraq’s President Barham Salih, a…

Khalifa Bin Salman in the People’s, Nation’s Memory book launched King

Khalifa Bin Salman in the People’s, Nation’s Memory book launched

Yousef Al Hamdan, the author of ”Khalifa Bin Salman in the Memory of the People, Nation” has launched…

GULF TV

Popular in GULF TV

8 Minute Ab workout 2018 VERSION with Tips

735 Views

8 Minute Ab workout: To celebrate more than 65 million YouTube views of the first version of the…

Latest videos in GULF TV

Events

Bahrain events

Lifestyle

Culture

Bahrain Culture, Bahrain, Bahrain News

Sport

Science & Technology

Government

Bahrain Government, Bahrain Government News, Bahrain News, Gulf News, News, Bahrain News