Wednesday 17 October 2018
 
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share capital

Saudi Cable Company wins approval for big share capital cut

Saudi Cable Company, a global provider of turnkey solutions for energy and telecom networks, said it has won approval from the company's shareholders for a 72.6 per cent reduction in the share capital to SR111 million ($30 million) from SR40

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Saudi Cable Company wins approval for big share capital cut

Saudi Cable Company, a global provider of turnkey solutions for energy and telecom networks, said it has won approval from the company's shareholders for a 72.6 per cent reduction in the share capital to SR111 million ($30 million) from SR40

More…

Saudi Cable Company wins approval for big share capital cut

Saudi Cable Company, a global provider of turnkey solutions for energy and telecom networks, said it has won approval from the company's shareholders for a 72.6 per cent reduction in the share capital to SR111 million ($30 million) from SR40

More…

RAK Petroleum re-designates Class A shares

RAK Petroleum plc, the Oslo-listed oil and gas investment company, announced that, as the result of a shareholder's request to release the restrictions on its Restricted Class A Shares, 2,700,000 Restricted Class A Shares have been re-design

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Drake & Scull wins approval for capital reduction

Drake & Scull International (DSI), a regional market leader in engineering and construction services, has won regulatory approval to reduce its share capital by 75 per cent and also to list 500 million new shares. The reductio

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Arabtec wins regulatory nod for share capital cut

Arabtec Holding, a leading contractor for social and economic infrastructure, said it has secured regulatory approval for its new capital reduction plan. The move is aimed at slashing its share capital from Dh6.1 billion ($1.6 bil

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GFH eyes cut in share capital, sukuk

Bahrain-based Gulf Finance House will seek shareholder approval later this month for a potential reduction in share capital and to issue a convertible sukuk of up to $500 million to restructure debt and fund new projects. The Isla

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Red Sea Housing plans $160m share capital boost

Saudi-based Red Sea Housing Services Company said it has won approval from shareholders to increase its share capital by 50 per cent  to SR600 million ($160 million) from SR400 million. This will be done through the distribut

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Sembcorp Salalah IPO oversubscribed

Sembcorp Salalah Power & Water Company SAOG, a leading power and water company in Oman, has announced the closure of its initial public offering (IPO) of 35 per cent of the total share capital. The issue of 33,410,019 existing

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Top Qatar banks to raise foreign ownership limits

Commercial Bank of Qatar (CBQ) and Qatar Islamic Bank (QIB) have asked Qatar Exchange to increase the number of their shares available to foreign investors to 25 percent of their market capitalisation, the exchange said on Wednesday.

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