Jordan-based Fine Hygienic Holding Announces Plan to Launch IPO

According to The National, Fine Hygienic Holding, the paper company based in Amman, in which Standard Chartered Private Equity has a stake, plans to launch an initial public offering in the next few years as it expands in the Middle East and North Africa.

James Lafferty, the chief executive of the company, told The National, "We have plans to go for an IPO in the coming years, though we have not decided the modalities of it but very soon we will make the announcements. It will strengthen our position in the region."