Essa Kazim, chairman of the DFM, said: "The Second Market
provides private business owners with a platform for trading, settlement and depository of their securities, as well as strengthening companies' public presence through the DFM's investor base of 843,000 investors as well as dozens of local and international brokerage firms and analysts."
Al Blooshi said: "Listing the shares of Al Qudra Holding Company on ADX's second market
confirms the market's position as a preferred listing destination and reflects the high levels of competitiveness it offers to listed companies."
"The launching of the second market
, which is solely for trading of shares of private companies, is part of the SCA's comprehensive strategy aimed at achieving leadership in developing the financial markets and in contributing to the development of the national economy according to the best international standards and practices.
The acquisition will enable the French group to strengthen its leading position in Brazil, its second market
outside Europe after the United States, and will make it the leading supplier of modular circuit breakers to South America.
* A second market
segment, large parts, will go to a different sales team at Weldon's base in York, Pa., handling the 1632 and Midas models.
The second market
is total fights minute, which is quoted at 13- 15.
GFI, which listed on the French second market
in May this year (CI No 3,412), reported nine month revenues up 89% at $203.3m in November, and forecasts consolidated revenues of $272.9m for 1998.
Home to the French Stock Exchange's Second Market
and such U.S.
The second market
of opportunistic buyers is acting much like Olympia & York, for example, did in the mid 1970's -- buying now to own in the future as the cycle reverses itself.
Armstrong World Industries, Inc., a case involving a floor tile manufacturer's alleged use of its market power to gain a competitive advantage in the video marketing market, the court ruled that the monopoly leveraging cause of action requires at least proof of attempted monopolization in the second market
.(3) Both decisions recognized that the leveraging of one's monopoly into a different market is not a violation under Section 2 unless there is a dangerous probability that the monopolist will monopolize the second market
Summary: The "Second Market
" enables private companies that play an integral role in the economic activity, to avail various benefits of being a listed company, Essa Kazim says