Demonstrating its commitment to investor engagement, Asyad Shipping S.A.O.G (“under transformation”), the maritime arm of Asyad Group, and one of the world’s largest diversified maritime and shipping solutions providers, launched a series of Roadshows on its upcoming initial public offering (IPO) across several governorates in Oman, including Muscat, North Al Batinah, Dhofar, Al Buraimi, and other key locations, between February 19 and 25, 2025.

In collaboration with the Oman Chamber of Commerce and Industry, these roadshows will reflect Asyad Shipping’s commitment to transparency and proactive engagement with the public. Designed to inform investors about the IPO details and the strategic investment opportunities it will offer, the roadshows will serve as a direct platform for investors and stakeholders to interact with Asyad Shipping’s leadership. Attendees will gain in-depth insights into the company’s financial performance and growth strategy, while also having the opportunity to address any inquiries about its future trajectory. This initiative will play a crucial role in fostering investor confidence, reinforcing the company’s commitment to long-term sustainable growth, and contributing to the diversification of Oman’s economy. The IPO subscription period for Asyad Shipping shares is set to commence on February 20^th and will continue until February 27^th, with shares allocated across various investor categories, including institutions, individuals, and anchor investors.

It is planned to organize 7 roadshows, the first will be held on the 19^th of February in the Wilayat of Ibri, Ad Dhahirah Governorate. Meanwhile, the second event is scheduled for the 19^th of February at the Chamber’s branch in South Al Batinah Governorate in the Wilayat of Al Rustaq.
The roadshows will continue on the 20^th of February in the Wilayats of Sohar and Al Buraimi, followed by Salalah on the 23^rd, Nizwa on the 24^th, and concluding in Muscat on the 25^th of February.

The Offering will be made available in two tranches to eligible and qualified institutional investors in Oman and other institutional investors in a number of countries (the “Category I Investors”) and retail investors in Oman (“Category II Investors”). It will be conducted in the manner approved by the FSA and will be carried out concurrently. Category II (Retail Tranche) Offer represents 25% of the total Offering for retail investors in Oman.

Commenting on the IPO roadshows, Sheikh Faisal bin Abdullah Al Rawas, Chairman of the Oman Chamber of Commerce and Industry, stated:

“We are pleased to host the IPO roadshows for Asyad Shipping as part of our ongoing efforts to strengthen collaboration between government entities and support national initiatives aimed at economic diversification. This IPO reflects Oman’s commitment to expanding its maritime sector and attracting strategic investments, in line with the objectives of Oman Vision 2040, which focuses on empowering key industries and enhancing the investment landscape. We are confident that this offering will further solidify Oman’s position as a global logistics hub and generate long-term value for the national economy.”

Asyad Shipping Company is one of the world’s largest diversified maritime providers and a global leader in deep-sea transportation with a full suite of operational capabilities. Wholly owned by Asyad Group, Asyad Shipping leverages the Group’s advanced infrastructure and shared resources to provide comprehensive solutions to customers around the world, including liner services, ship management and chartering activities. Based in Oman, the company operates 89 vessels reaching over 60 countries. Established in 2003, the Company has developed fully integrated operations and cultivated longstanding relationships with a diverse and international top-tier customer base.

The Asyad Shipping IPO is positioned as one of the most significant public offerings in Oman, drawing strong interest from both local and international investors. Given the company’s industry leadership, robust financial performance, and operational excellence, the IPO is expected to play a pivotal role in Oman’s capital market and economic growth, as highlighted in the official prospectus.