Shares in Dubai Parks & Resorts PJSC, which is developing a Legoland theme park in Dubai, fell sharply in the first day of trading after its initial public offer.
The company is using the money raised to develop three theme parks – Motiongate Dubai, Bollywood Parks Dubai and Legoland Dubai – and to build a hotel. The projects have a completion date of October 2016, and the company estimates they will attract 6.7 million people.
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