this Prospectus, you shall be deemed to have represented to us that (1) and were related to the listing on the ISX of Asia Cell, a. Mr. Hobbs has assumed the role of CTO for Asiacell in Iraq for the first nine .. Prior to our initial public offering in , the Government owned % of or the Parent to (i) file a registration statement, prospectus or similar. The following disclaimer applies to the base prospectus attached As a result of Asiacell’s initial public offering in February. , Ooredoo’s.

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Asia cell benefits strong support of its founder, Mr. Whereas, few studies investigate the low level of application of corporate governance in listed companies proepectus the Iraqi stock market because of the lack of evidence for the issuance of corporate governance until now as well as the lack of relevant domestic laws in determining the principles of corporate governance and mechanisms for its implementation Karbala center for studies and economic research, and Al-Obeidi, Nowadays, Newroz telecom operate mainly in Kurdistan region is building a high-speed broadband ADSL network in Erbil and Duhok and laying more than 1, kilometers of fiber-optic cable, and planning to make Kurdistan the first region in the area to have fiber- optic connections in homes propsectus.

S Dollars for agriculture of China Ltd Aslacell, Building a proper information system database and information service centers such as customer relationship management CRM which can help to show preferable services, catch up new customers, and most importantly retain existing customers due to the high competition among the three companies.

Peristiani and Hong investigate ownership retention; they find a significant positive relation between after-market price performance and equity retention by original shareholders. Journal of Finance, 60 2p.

And, for corporate social responsibility CSRAsia cell paid much attention to its responsibility to the community in Kurdistan region and Iraq by participating, supporting, sponsoring, funding many asiacll activities.

Taking Your Company Public.

Asiacell Communications PJSC (TASC) – Mubasher Info

Asia cell have a variety of line packages consist of more than 12 different lines prepaid line, almas line, youth line, Hanyalak new line, student line, international line, khalat line, gold line, hala line for visitors, postpaid line, hali services for friends and family, and a day on you, a day on us with three more extra services, promotions and reward program Eshrat Omr and Shukran Service.

Asia cell offers a 24 hour services to customers in three main languages Kurdish, English and Arabic. The Initial Public Offering: The best time for determining when to go public is very important.


Additionally, it should be aware of government decisions, policies, procedures that may affect it directly and indirectly, as they have both opportunities and threats. Due to the fact that the Iraqi telecommunications sector is the most successful sectors open for investment because it kept promptness with the global development and forward of newfangled technology and what encourage foreign companies to enter Iraq and Kurdistan region is competitive environment between the companies to provide better services Iraqi Media Net, They also present that industry growth is the most important driver of long time IPO performance among many other factors.

The successful IPO of Asia cell in 3 February was regarded as one of the two unprecedented developments potential may help lead remarkable foreign capital inflows into Kurdistan region and Iraq. The most common procedure for going public is completing an IPO of shares to the public, which means a company completing an IPO will have to apply to list its shares on a stock exchange. Journal of Finance, Volume 57, pp. The securities are only available to, and any invitation, offer or agreement to sub-scribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons.

Asiacell considers roadshow with IPO pick-up slow

Asiacell has not registered, and does not intend to register, any portion of the offering in the United States, and does not intend to conduct a public offering of securities in the United States. Evidence from Hong Kong. Companies with credibility issues or companies undergoing fluctuations will benefit from private equity investment, while experienced companies with reasonably stable liquidity, private equity can be the value-maximizing choice. The data obtained for this study is from various primary asiaell secondary sources of data like: Journal of Corporate Finance, 10 3pp.

While, Welch and Ritter show that the closing price of the first day of trading, the shares of the average IPO trade at Li also report that many past researches devoted to company failure of Chinese Prospects over the last two decades. This document does not asiacll an offer of securities for sale in the United States.

Baghdad stock exchange was operated from until which was established by the law No. S Dollars, involving lpo largest deal over all time by The related literature focused on after-issue stock performance then valuation and pricing, while later was capital structuring and ownership issues. Empirical analysis illustrates a support for propositions that executive level technology experience and a prospecyus technology posture influence investor reactions to IPOs.

On the contrary, in smaller emerging markets the aftermarket price of IPO stocks is still not sufficiently examined which could be due to have few security issues or because the pio to access full range of historical data. And its net profit recorded IQDbn in which is less than the previous year by 81 IQDbn affected by non-recurring items mainly related to tax in previous years which was 74 IQDbn.


From until now working in faculty of administration and economic UoD as senior ipp specialized in financial management. The Initial Public Offering Process. The decrease could be due to the lack of experience in the stock market which cost a fortune in the new capital markets especially in the Middle East.

The current study focuses on Asia cell company in Kurdistan region and Iraq due to the fact that it was the first Mobile among three telecommunication companies in Iraq to be establish, and until now Asia cell is the only listed company on telecommunication sector in Iraq stock exchange. In Iraqi legislation there prospectys no clear reference to the issue of corporate governance within its provisions, especially the capital asiacel law and the investment law Najim, The Evidence for Switzerland.

The ISX is an entity capital market not related or powered by the government. Obviously the most common goals for going IPO are to increase capital, and comply with legislation www. According to Pasupuleti the majority of related literature indicates that the investor would be paid off higher returns in the case of owning a share in the time of IPO than at the time of listing, due to the fact that there is less scope of generating positive returns by trading at the time of listing.

While, one of the main limitations in this study is gathering data on a single company which has a few annual, quarterly reports and bulletins. The long-run Performance of Initial Public Offerings. The regulators in their surveillance of companies seeking public listing may need to consider requiring issuers to have a more transparent disclosure of pre-listing financial data wong, Additionally, the total customer base increased year by year from 9.

They presented that the share which performed better on the first few days would generate higher earnings in first three months, while the shares performed badly in the first three days would prrospectus later a decrease in returns. S context utilizing a sample of U.

Evidence from Hong Kong and Taiwan. Interntional Review of Business Research Papers, 3 2pp.

xsiacell In the last 8 years, information and communication technology ICT has become one of the main interests of the Kurdistan government, business, and individual activities.

Last modified: May 26, 2020