Abu Dhabi Securities Exchange, ADX, today announced that it will be leading some of the UAE’s companies to meet investors in Singapore and Hong Kong starting from tomorrow.
The Far East roadshows on November 3 and 5 respectively are the continuation of the successful roadshows held in New York and London earlier this year. This event is designed to facilitate one-to-one meetings between representatives of listed companies and institutional investors, which would enable them to showcase success stories, achievements, business developments and growth outlook of their respective companies.
Rashed Al Balooshi, CEO of ADX, said: “We have much to offer new investors from both Singapore and Hong Kong. As one of the leading global performers in the last 3 years, ADX is very attractive to international investors, particularly in light of the recent upgrade by Morgan Stanley Capital International, MSCI, and S&P Dow Jones of ADX to ‘emerging market status’, which followed FTSE upgrade in 2010 and S&P and Russell Investments in 2011. We also will be showcasing the encouraging performance of both the UAE in general and Abu Dhabi economy in particular.” “In our visit, we will highlight the long-term value that we are committed to creating for our stakeholders by showcasing the positive performance of Abu Dhabi economy and its growth drivers. This is one of several visits to the Far East in recent years, and we are confident of a positive response. The companies participating represent a good cross-section of the ADX,” he added.
The International institutions registered with ADX has more than doubled from 381 by 2013 to 791 by September 2014. The list of participating companies includes National Bank of Abu Dhabi, First Gulf Bank, Aldar Properties, Dana Gas, Agthia, and RAK Bank.
Source : WAM News Agency for United Arab Emirates
