Amana Takaful (Maldives) Private Limited

Amana Takaful Maldives opens for subscription

Amana Takaful (Maldives) Private Limited is progressing with their plans of getting listed in the Maldives Stock Exchange (MSE).
The MSE revealed that the company aims to offer shares for subscription on the 20th of this month. The firm is going to launch 800, 000 ordinary shares in 25 share parcels. The prospectus showed that the applications shall be made for a minimum of 25 shares or multiples of 25 shares.

Amana Takaful plans going public in Maldives

The Maldivian subsidiary of Sri Lanka's Amana Takaful Insuracne Plc, Amana Takaful (Maldives) Private Limited has applied to be listed in the Maldives Stock Exchange (MSE).
Recently a subsidiary company of Amana Group, Amana Bank Limited obtained the license from the Sri Lanka's Central Bank and the Finance Ministry to conduct commercial banking in the country.
The Maldives Stock Exchange first established on 14th April 2002 was operated by the Capital Market Development Authority (CMDA) as part of the regulator.

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