SICO appointed lead manager and underwriter for IPO by APM Terminals

The Minister of Transportation and Telecommunications’ His Excellency Engineer Kamal bin Ahmed Mohammed announced that APM Terminals Bahrain B.S.C. (c), the exclusive port operator of the Kingdom’s Khalifa Bin Salman Port, has appointed SICO BSC (c), a leading asset manager, brokerage and investment bank, as its lead manager and underwriter for the company’s initial public offering (IPO). The IPO, which is expected to be launched in late October, will offer 20% of the company’s paid up capital to investors and list on the Bahrain Bourse.

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