Government prepares for HDC Initial Public Offering

6 days ago

The Minister of Housing, Land and Urban Development Dr. Ali Haidar on Sunday said President Dr. Mohamed Muizzu has plans of facilitating an Initial Public Offering (IPO) of the Housing Development Corporation (HDC). The minister revealed this plan during Sunday’s press conference at the President’s Office after the cabinet meeting. At Sunday’s cabinet, the ministers decided on merging Fahi Dhiriulhun Corporation (FDC)