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Alpha Data Announces IPO with 400 Million Shares Offering, Set to List on ADX
Alpha Data, a UAE tech company, has announced its IPO offering 400 million shares at Dh0.03 each, set to list on ADX in March. With a 5% retail investor allocation, the IPO is expected to raise Dh130 million in dividends. Alpha Data has a strong track record in enterprise systems integration.