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Emaar Malls Group reserved 60% of shares for institutions, with 40% for retail investors
Developer expects to sell 2bn shares in Emaar Malls Group with a price range of AED2.50 to AED2.90 per share
Call centre hotline will deal with queries from would-be investors keen to get further information about the listing
Emirates NBD customers will be able to buy a minimum of $2,722 using their bank cards
Emaar said subscriptions for the malls unit's IPO would open on September 14
Burj Khalifa developer will list the subsidiary on Dubai's main stock market on October 2
10% of the offer will be reserved for Emaar Properties shareholders when developer float 15% of its shopping malls and retailing unit next month
Company says listing will take place on Dubai Financial Market
Emaar Malls Group listing is expected to raise up to $2.45 billion
Government-backed real estate developer is behind some of the emirate's most high profile projects
Subscription period will run from September 2 to September 16
With the Dubai stock market up 31% this year, it is evident that investor confidence in the MidEast is improving
Company said it was due to " challenging public market conditions despite a positive response from prospective investors"
The failed luxury airline is reportedly attempting to raise $85m to re-launch next year, after collapsing in 2011
New company is planning the first initial share offering on Dubai's main stock market for five years
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Low pressure, windy conditions expected to continue until late on Monday
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