Dantex gives up its IPO
opublikowano: 25-11-2008, 17:36
Warsaw (Puls Biznesu) – Dantex, the home
building company, gave up its planned IPO because of bearish market.
The company may conduct its IPO next year, however. The financial supervision
authorities approved of the issue prospectus as early as in the middle of May.
Dantex, which also runs medical services, wanted to invest PLN 555m within four
20 percent of this amount was supposed to be raised on the WSE. The company
assured in a statement that its investments are going on as planned in the
agenda. The company will conclude an office building in Warsaw early 2009 and
the first stage of its homebuilding project in Warsaw will be ready in the
fourth quarter of 2009.