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Trade & Logistics

27 October 2026

Asyad Group prices $132m shipping stake sale

Downunder Voices Newsroom

Source reporting: Splash247

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Asyad Group prices $132m shipping stake sale

Oman’s Asyad Group has priced an institutional share sale in its listed shipping subsidiary at OMR50. 8m ($132m), reducing its ownership as part of a move to broaden the company’s shareholder base. Muscat-listed Asyad Shipping said the institutional bookbuilding process closed heavily oversubscribed. The transaction covers 5% of Asyad Shipping’s issued share capital. Upon completion, the …

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