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May 13, 2025
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OQ Base Industries

Oman OQ Methanol Unit Falls 10% in Debut After 9 Million IPO
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Oman OQ Methanol Unit Falls 10% in Debut After $489 Million IPO

TheSpuzz Desk5 months ago03 mins

Source: Live Mint (Bloomberg) — OQ Base Industries fell in its trading debut after a $489 million initial public offering in Muscat, the latest in a series of Middle Eastern listings to experience poor early trading. Shares in the methanol and liquefied petroleum gas firm declined as much as 10% on Sunday. That was below…

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