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4-Traders Homepage  >  Equities  >  ABU DHABI SECURITIES MARKET  >  Manazel Real Estate PJSC    MANAZEL   AEM000601017

MANAZEL REAL ESTATE PJSC (MANAZEL)
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OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles
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Manazel Real Estate : general assembly gives nod to Dh2.6b sukuk

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05/09/2018 | 04:26pm CEST

Manazel Real Estate said on Tuesday its general assembly authorised the board of directors to issue a Dh2.6 billion sukuk for a period of 5-7 years.

The sukuk can be issued in the UAE or elsewhere. Manazels general assembly also approved not to distribute the 2017 dividend, the company said in a filing on the Abu Dhabi Securities Exchange bourses website.

Shares of Manazel closed 5 per cent lower to Dh0.51 in Abu Dhabi. The Abu Dhabi Securities Exchange general index closed at 4,479.49, down 1.33 per cent.

(c) 2009 - 2018 PANAPRESS. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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MANAZEL HOLDING CO KSCC --End-of-day quote.
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