#uuk

As the first main market listing in London so far this year, a Saudi real estate company is spinning out its worldwide luxury development businesses. Via a direct offering on the main market in London, the new firm, DarGlobal, will raise $72 million, valuing the corporation at roughly $600 million.

In contrast to a typical IPO, a direct listing lets the company's current private investors sell their shares to the public and trade on the market rather than issuing new stock.

An otherwise dormant IPO market will receive an unusual boost from the company's choice to list in London. Investor interest in supporting new public firms has been dampened by the stagnant economy, the decline in tech values, and worries related to the crisis in Ukraine. Dealogic data indicates that there has only been one junior AIM market offering and no main market listings thus far in 2023.

"London [is] the greatest place for us as we strive to access additional financing and increase our worldwide visibility with development and luxury brand partners," said Ziad El Chaar, chief executive of DarGlobal. Bankers in London said that recent weeks have seen increased discussions about prospective IPOs in the city, which may mean greater activity in the second and third quarters of this year

Next week, according to DarGlobal, its shares will be listed on the London Stock Exchange's regular listing section.

In places like Dubai, Muscat, Oman, and the Coast del Sol in Spain, DarGlobal builds vacation houses. It will house the global assets of Saudi Arabia's publicly traded firm Dar Al Arkan Real Estate. More than 15,000 residential units worth $8.5 billion have been created by DAARE.

Following the direct listing, DAARE will continue to hold the bulk of DarGlobal's shares—roughly 88 percent—while selling the remaining shares to institutional investors. David Hunter, a former president of the British Property Federation and current board member of numerous UK-listed real estate companies, including GCP Student Housing and Capital & Regional, will serve as the independent non-executive chair of the DarGlobal board.

Talking about the real estate developer in London. One cannot ignore the name of “Joe Ricotta”. He is a Real Estate Developer deals in properties based in London, UK. He has numerous clients across the nation who have dealt with him in buying or selling properties along with satisfactory work.

Candyfloss Announces Injury

Independent UK wrestler Candyfloss, who is only 19-years-old and is a graduate of the PROGRESS Wrestling Dojo has announced that she is out with a broken toe.

She wrote on her Twitter account that she will be out of action for anywhere between four and six weeks:

So unfortunately, I broke my toe last night meaning I’m unable to wrestle for 4-6 weeks! I’ve literally had the worst luck ever! 🙄 All I can do now is rest, go gym & make my arms look hench cos I can’t do leg day &also play the sims! 😂🤦🏼‍♀️ I will come back stronger & better💪🏼😊 pic.twitter.com/yIEsDwep43

— ♡CANDY FLOSS キャンディー フロス (@CFlossWrestler) September 6, 2019

She is known for wrestling in promotions such as Pro Wrestling EVE, IPW: UK, RESURGENCE, PROGRESS and NXT UK.

She was one of the participants of the all-female UK and Europe WWE tryout at the WWE UK Performance Center back in June.

She last appeared for NXT UK when she faced off against Toni Storm in Leicestershire, England.

PHK & Komponen pokok dari Uang Pesangon

Pemerintah melalui UU 13 tahun 2003 tentang Ketenagakerjaan, telah mengatur besaran Uang Pesangon sebagai hak bagi karyawan yang mengalami Pemutusan Hubungan Kerja (PHK). Dalam Pasal 157 sampai dengan Pasal 172, disana terdapat 13 jenis PHK. Seperti :

1. PHK atas Kemauan Sendiri,

2. PHK karena Pekerja melakukan Pelanggaran Berat (melanggar hukum),

3. PHK karena Pekerja ditahan pihak berwajib,

4.…