The Amana Takaful (Maldives) PLC a Subsidiary of Amana Takaful PLC has announced an IPO in the Republic of Maldives.

The Company is expecting to issue 800,000 Ordinary Shares of Maldivian Rufiyaa 20.00 each, the total consideration of Rufiyaa 16 Million.

IPO Opening date for subscription will be 20^th September 2011 and the closing date for subscription will be 19^th October 2011.

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