Saturday 21 December 2024
 
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Capital hike

Drake & Scull International eyes $789.4m capital hike

Drake & Scull International (DSI) has announced the closing of the subscription for new capital, with proceeds exceeding AED450 million ($122 million) through distribution of 2.8 billion shares.    The c

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Drake & Scull approves key restructuring, capital hike plan

Drake & Scull International, a leading general contracting and engineering company, has announced that approval has been given to recommendations made by its board of directors for the capital restructuring of the company and increasing it

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Sedco Capital completes second capital hike of flagship REIT

Sedco Capital, a global shariah-compliant and asset management and investment advisory firm has announced that it has successfully completed the second capital increase of its flagship Sedco Capital REIT Fund.  

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Sedco Capital completes second capital hike of flagship REIT

Sedco Capital, a global shariah-compliant and asset management and investment advisory firm has announced that it has successfully completed the second capital increase of its flagship Sedco Capital REIT Fund.  

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Al Akaria shareholders approve capital hike

Saudi Real Estate Company (Al Akaria) has announced that it has won approval from its shareholders to increase the company's capital from SR2.4 billion ($639 million) to SR3.75 billion ($998 million).   The i

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Kipco plans $876m capital hike via rights issue

Kuwait Projects Company (Kipco) said it plans to raise its issued and paid-up capital to KD264 million ($876 million) from the present KD200 million ($663 million) through a rights issue.   The rights issue will

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Kipco plans $876m capital hike via rights issue

Kuwait Projects Company (Kipco) said it plans to raise its issued and paid-up capital to KD264 million ($876 million) from the present KD200 million ($663 million) through a rights issue.   The rights issue will

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Saudi Ceramic Company eyes 33pc capital hike

Saudi Ceramic Company aims to increase the group's capital from SR600 million to SR800 million ($160 million to $213 million) through a bonus share issue, in bid to match the size of its business and assets and support future expansion pla

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Union Properties announces $133m capital hike completion

Union Properties, a leading real estate development company in the UAE, has announced that it has completed the capital increase of three of its subsidiaries - Dubai Autodrome, ServeU and The FitOut - thus taking its total to AED490 million ($

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Dubai Parks and Resorts eyes $457m capital hike

Dubai Parks and Resorts said it aims to raise its capital by Dh1.68 billion ($457 million) to finance the development of a Six Flags Dubai theme park within its leisure and entertainment destination coming up on a 16-million-sq-ft area in the UA

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