Israel Real Estate News: Malibu hopes to raise NIS 120m in TASE IPO
Tuesday, March 20, 2007
Malibu hopes to raise NIS 120m in TASE IPO
The company wants to raise NIS 120 million, including NIS 40 million in shares, at a company value of NIS 160 million. The offering will be on the basis of Malibu’s financial report for 2006, which means that it will be held by May.