Thursday 25 April 2024
 
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private joint stock

Union Cement plans to become private company

Union Cement Company, currently listed on the Abu Dhabi Securities Exchange (ADX), plans to de-list its shares from the stock exchange and convert into a private joint stock company. At the company's recently held General Asse

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Aabar gets nod to convert to private joint stock firm

Abu Dhabi's Aabar Investments, the largest shareholder in German automaker Daimler, said shareholders have approved its conversion to a private joint stock company and subsequent delisting. Share capital for the new company was set at 4.04

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