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00:00 Taxi Dubai is on its way to the Dubai financial market.
00:05 We are talking about this high level for Taxi Dubai.
00:10 Let's look at the details of the company's public offer.
00:14 The first annual amount of fraud is 24.9% of the capital.
00:19 This is equivalent to 624.7 million shares of the public offer for Taxi Dubai.
00:28 The targeted shares of this offer are individual shares that were allocated 10% of the issued amount,
00:35 which is 62.5 million shares.
00:39 The minimum allocation limit is 2000 shares for this share.
00:44 The largest share is the company's shares with 14.9% of the issued amount,
00:49 which is 562.3 million shares.
00:53 We are talking about Dubai, which is the main employer of taxis in Dubai.
01:00 Its market share is about 44% of the total size of taxis.
01:06 It also works in the lines of other transportation,
01:10 specifically, buses, carriages, and other transportation.
01:16 We are talking about the timeline of the public offer for this company.
01:20 On November 21, the public offer will be opened,
01:24 and the final price of the share will be determined by the construction process.
01:30 The orders will be registered later.
01:32 On November 28, the public offer will be closed.
01:35 On November 29, the public offer for the largest share of investors will be closed.
01:45 On December 7, the public offer for the largest share of investors will be opened.
01:55 As we said before, the company's market share is 44%,
02:00 and the number of vehicles in it is 7,000.
02:03 The company also announced that it will be committed to distributing profits twice a year,
02:12 in April and October.
02:15 We are talking about the expectations of the next year's distribution of the market share in April,
02:19 with a value of 71 million dirhams in the fourth quarter of 2023.
02:28 This is what the Dubai financial market expects in the latest developments before the end of 2023.
02:35 Ashlena.