SSPWC

AcronymDefinition
SSPWCStandard Specifications for Public Works Construction
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BDCC Investment Company (BDCC), a special purpose vehicle wholly owned by an infrastructure fund currently managed by Arqaam, invested in SSPWC during the construction phase in late 2011.
SSPWC has been in full commercial operation since May 2012 and is the largest and most energy-efficient power and water plant in the Dhofar Governorate in Oman with a net power capacity of a 489 MW and water capacity of 15 million imperial gallons per day.
Hussein bin Ali al Raisi, CEO of al Amin Securities said that SSPWC share is of good yield in the long term investment, adding that the company is promising in dividends in the coming period.
SSPWC Share was listed today on the parallel market with RO 95.457.195 capital that is divided into 95.457.195 shares.
The decision stated to list the shares of SSPWC in the parallel market with a capital of RO 95.457.195 divided into a share at the price of one riyal and 590 BZ per share, adding that the share will be floated for three days from the date of listing.
Ends/MN/FS Muscat, Oct 6 (ONA) Muscat Securities Market (SMS) decided to list the shares of SembCorp Salalah Power and Water Company (SSPWC) beginning from Tuesday, October 8th.