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14/05/2014 06:22 AST
The board of directors of Flexible Industrial Packaging Company has decided to undertake a restructuring plan. As part of this plan, it was proposed to convert the company's legal status from jointly held joint stock company to closely held joint stock company.
As per the discussions with the Capital Market Authority (CMA), in order to safeguard the interest of minority shareholders, MB Holding sought the permission of CMA to buy the shares of minority shareholders. The CMA has given us the approval to buy shares.
MB Holding will buy shares from those who have less than 50,000 shares at a price of 60 baisas per share between May 14 and 28. Gulf Baader Capital Markets is the authorised broker. Interested shareholders should approach their respective share broker and GBCM to sell their shares.
Times of Oman
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
Gulf News