Dalipal Holdings Advances Middle East Expansion with Strategic Partnerships and Potential Saudi Listing

Dalipal Holdings Limited ( (HK:1921) ) just unveiled an update.

Dalipal Holdings Limited has announced significant progress in its Middle East Strategic Development Plan, which includes acquiring necessary licenses and registrations in Saudi Arabia, forming partnerships with local entities such as SPARK and MCC Capital Engineering, and being listed in Saudi Aramco’s supplier database. The company is exploring various financing options and considering a dual or secondary listing on the Saudi Exchange, with BMG Financial Group as its potential financial advisor. These steps aim to strengthen its market presence and relationships in the region.

More about Dalipal Holdings Limited

Dalipal Holdings Limited is a company incorporated in the Cayman Islands, primarily focusing on industrial investments and production facility establishment in the oil and energy sector, with a significant focus on expanding its operations in the Middle East market.

YTD Price Performance: 3.11%

Average Trading Volume: 1,421,493

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$13.96B

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