GulfBase Live Support
16/07/2014 07:14 AST
Dana Gas announced that the Competent Authorities have approved the increase of the company’s share capital by Dh7.3 million arising out of conversion of Voluntary Conversion Notices that amount to $1.5 million of convertible sukus.
The company has submitted the required applications and documents to the Abu Dhabi Securities Exchange to deliver the shares to the relevant sukuk certificate holders.
On Tuesday, Dana Gas fell 1.27 per cent in terms of volume traded, and closed at a share price of Dh0.78.
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Dana Gas will seek shareholder approval to pay a dividend for 2017, it said on Sunday, in a move that could complicate its legal dispute with investors demanding that the company settles $700mn of Is
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Dana Gas, the Sharjah company tangled in legal battles over the legality of its $700 million sukuk, said on Monday a UAE court has issued a new anti-suit injunction against BlackRock, the world’s big
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Gulf stock markets were generally little changed on Sunday, though Abu Dhabi’s Dana Gas surged on news of plans for its first annual dividend for several years.
The Abu Dhabi index rose 0.
The Gulf Today
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
SAMBA | 26.98 | 1,138,683 |
STC | 83.41 | 257,644 |
DARALARKAN | 13.47 | 74,648,349 |
Ticker | Price | Change |
---|---|---|
PETRORABIGH | 25.42 | 0.41 (1.63 |
BAHRI | 31.56 | -0.29 (-0.92 |
TAQA | 0.85 | 0.00 (0.00 |
ADNOCDIST | 2.64 | 0.07 (2.72 |
ALDREES | 26.08 | -0.31 (-1.18 |
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