03/02/2010 00:00 AST

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.


Bloomberg

NMDC approves Dh100m subscription in Arabtec shares

19/06/2017

National Marine Dredging Company said on Sunday it has approved subscription to 100 million shares in Arabtec Holding with a total value of Dh100 million.

The subscription was for shares in

Gulfnews

Abu Dhabi's NMDC wins $316m India port contract

30/01/2017

Abu Dhabi's National Marine Dredging Company said it has been awarded a $316-million engineering, procurement and construction (EPC) contract for a hitech floating LNG (liquefied natural gas) port at

Trade Arabia

National Marine recommends 50 per cent dividend

08/03/2016

National Marine Dredging Co said its board has recommended to pay a dividend of 50 per cent dividend or 50 fils per share for 2015.

This would result in an outgo of Dh250 million, the comp

Gulfnews

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