Saturday 20 December 2014
 
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delisting

Egypt sets limits on share transfer into GDRs

  Egypt has set limits on transferring shares of local companies into internationally-traded global depository receipts (GDRs), a move which could prevent a repeat of a controversial deal which may lead to the delisting of one of

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GIH approves delisting from Kuwait bourse

Shareholders in Kuwait's Global Investment House have approved the delisting of the stock from the Kuwait bourse, nearly a year after firm's shares were suspended from trading. "(The general assembly) agreed to author

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Aldar denies delisting plans

Abu Dhabi's Aldar Properties has no plans to delist  from Abu Dhabi stock exchange, the company's deputy chief executive officer said on Wednesday, dismissing speculation that a major government shareholder may take the developer

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Aabar to discuss delisting with shareholders

Abu Dhabi-based Aabar Investments, the largest investor in German carmaker Daimler, has called a shareholders meeting to discuss delisting the company to boost flexibility. Aabar said its board decided to seek regulatory approval for the e

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Aabar delisting plan 'unsettles investors'

State-owned fund Aabar has always stood out for its rapid growth and high-profile purchases but the world's only listed sovereign wealth fund is now making investors nervous with its plans to go private. Aabar, majority-owned by the go

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Aabar to consider EGM to delist from bourse

Abu Dhabi-based Aabar Investments will meet on June 24 to discuss a date for an extraordinary general meeting as it considers converting to a private joint stock company and delisting from the bourse. International Petroleum Investment Co

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Investcorp delists preference shares

Bahrain-based investment bank Investcorp is delisting $221.9 million worth of preference shares from the Bahrain Stock Exchange, the firm said. Shareholders will be able to redeem their Series A shares on Friday, before the shares are deli

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