Bahrain’s Leading Manager of IPOs

As the only comprehensive investment house in Bahrain SICO has been able to consistently capture and seamlessly execute some of the highest profile IPOs on the Bahrain Bourse during the past two decades.

APM Terminals Bahrain IPO
Start of trading: 9 December 2018

SICO acted as the mandated lead manager, underwriter, market maker and participating broker for the APM Terminals Bahrain IPO, a transaction that was hailed as the most successful public offering in Bahrain in over a decade. The BHD 11.880 mn, 5.4 X subscribed IPO attracted a broad investor base and strong demand from reputed family offices, international and regional asset managers, insurance companies and large corporations as well as a diverse retail base and corporates from across the region.

 As lead manager and underwriter, SICO’s investment banking team was responsible for: 

  • due diligence
  • the appointment of the registrar, allotment agent, receiving bank and paying agent
  • the drafting of the offer documentation
  • the submission of documentation to regulatory authorities for final approval of the IPO<

Download APMT Prospectus:

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