Friday 7 August 2020
share issue

Fastjet to raise $25m through share issue

African budget airline Fastjet Plc said it would raise up to 19.2 million pounds ($25.3 million) through a share issue. The company said on Thursday that it would issue the shares at 50 pence each, a premium of 116 percent to the


Egypt’s Palm Hills raises $212m in share issue

Palm Hills, Egypt's second-biggest listed property developer, said on Monday it had completed a E£1.62 billion ($213 million) share sale to fund growth. Palm Hills said in a statement 96.61 per cent of the rights issue h


Gulf Capital hires Rothschild for share advice

Abu Dhabi's Gulf Capital said on Monday it has hired an investment bank to advise it on a renewed attempt to issue shares in oil and gas services firm, Gulf Marine, on an overseas stock exchange. The private equity firm, which

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