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The company STROC Industrie - "Societe de Travaux de Realisation D'Ouvrages et de Construction Industrielle" - has been recently introduced to the Casablanca Stock Exchange.
Historically, STROC Industrie was created in 1989 as a maintenance company of industrial units operating initially at the SAMIR refinery in Mohammedia, Morocco.
STROC Industrie is an integrated operator in the engineering and construction sectors and plays a major role in the delivery of the industrial units and sets in Morocco.
There are 288,515 new shares which are offered to the public and the operation as a whole is reaching up to 102,999,855 MAD.
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The shares of the company will be listed in the second compartment of the Casablanca Stock Exchange.
Thus, there are 288,515 new shares which are offered to the public at a price of 357 MAD per share.
The total amount of the transaction is, therefore, 102,999,855 MAD.
The subscription period is scheduled for June 20 to 22, 2011, yet there is a possibility that it will close down earlier - on June 21, 2011 at 3.30PM.
Source: website of STROC Industrie