Sohar International successfully concludes Asyad Shipping Share offering amid strong investor demand

Sohor International has successfully completed its role as Issue Manager for the Asyad Shipping share offering, highlighting the strength of investor demand and the growth of Oman's capital markets. The offering, which aimed to introduce existing shares to retail and institutional investors, received significant interest, indicating robust confidence in the Sultanate's financial landscape.

Asyad Shipping, a key player in the maritime and logistics sector, is a strategic component of Oman's Economic Diversification Plan. The success of the offering underscores the increasing confidence in the company's prospects and the broader economic potential of Oman. Sohar International played a pivotal role in the transaction, utilizing its expertise in capital markets and transaction execution to ensure a successful outcome.

The offering attracted a substantial response, particularly from retail investors, who represented approximately 15% of the shares offered, leading to an oversubscription nearly 2.6 times the requested volume. This strong retail participation underscores the growing willingness of individual investors to engage with major national companies, contributing to a more diversified investor base and the stability of Oman's capital market.

The shares allocated to Retail and Institutional Tranches are expected to begin trading on the Muscat Stock Exchange on November 12, 2026. The successful execution of the Asyad Shipping offering not only demonstrates the effectiveness of well-structured capital market transactions in driving economic progress but also highlights Sohar International's commitment to facilitating high-impact investments that advance Oman Vision 2040.