OQGN would be the country’s largest IPO in history, exceeding Oman Telecommunications’ $748m IPO in 2005
The institutional investor tranche represents 40 per cent of the offering while the retail portion accounts for 30 per cent
The company is selling 237.1 million new shares in the IPO while its shareholders are selling about 101.6 million shares
The selling shareholders reserve the right to amend the size of the offering at any time before the end of the subscription period