National Marine’s Board Approves $107 Million Convertible Bond


03/02/2010 00:00 AST  Bloomberg

The board of National Marine Dredging Co., the United Arab Emirates-based company that deepens waterways, approved a plan to offer 391.5 million dirhams ($107 million) in convertible bonds.

The bonds will be converted at 7.83 dirhams each in four phases, the company said in a statement to the Abu Dhabi bourse today.

National Marine Dredging Co. - NMDC
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | News Archive

JAN | FEB | MAR | APR
Most Viewed Companies
Ticker Price Volume
SECO 14.32 2,905,570
GFH 0.19
DARALARKAN 13.04 97,819,880
STC 65.96 1,623,412
AKHI 40 1,183,119
EMAAR 10.8 38,418,273
ARTC 8.74 136,335,909
Recent News

NBAD Stars Loyaltycard Named Best Prepaid Card
The National bank of Abu Dhabi’s NBAD Stars Prepaid Card has won a prominent recognition as the best prepaid gift card at a recent industry awards event.

The NBAD Stars Prepaid Card, a loy

Emirates NBD Beats Estimates With 25% Quarterly Profit Jump
Emirates NBD PJSC (EMIRATES), the biggest bank by assets in the United Arab Emirates, beat analysts’ estimates with a 25 percent jump in first-quarter profit as interest income and fees growth offset

Dana Gas’ shows strong annual growth
Dana Gas, the Middle East’s largest regional private sector natural gas company, held its 8thAnnual General Meeting (AGM), Chaired by the Company’s Honorary Chairman H.H. Sheikh Ahmed Bin Sultan Al Q

Aldar launches sale of Penthouse Collection at Gate Towers
Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, has launched the sale of 21 exclusive duplex penthouse apartments at Gate Towers, the Penthouse C

RTA holds two awareness workshops for First Aid, kidney patients
Employees of all sectors and agencies of the Roads & Transport Authority (RTA) commended the awareness campaign recently held by the Administrative Services Department, RTA Corporate Administrative S

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Are you satisfied with your full-service broker?