Saturday 5 September 2015
 
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rights issue

Adib’s $137m rights issue opens August 23

The subscription period for Abu Dhabi Islamic Bank’s (Adib) rights issue, which aims to raise Dh504 million ($137 million), begins tomorrow (August 23) and will run until September 10. During this period, holders of rights a

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ADIB investors back rights issue, sukuk plans

Shareholders of Abu Dhabi Islamic Bank (ADIB) have approved plans to raise Dh504 million ($137.22 million) of share capital through a rights issue, it said in a statement. The timing of the share issue, which will see shareholders

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Saudi builder delays submitting rights issue proposal

Saudi Arabia's Abdullah Abdul Mohsin Al Khodari and Sons said on Sunday its proposal for a capital increase would be submitted to the market regulator during July, a month later than originally outlined. The company didn't

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Saudi builder delays submitting rights issue proposal

Saudi Arabia's Abdullah Abdul Mohsin Al Khodari and Sons said on Sunday its proposal for a capital increase would be submitted to the market regulator during July, a month later than originally outlined. The company didn't

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Adib EGM to vote on capital raising plan

Abu Dhabi Islamic Bank (Adib) will hold an extraordinary general meeting (EGM) on June 21 to vote on a proposal to raise capital through a rights issue to support the bank’s continued growth. It will also hold a vote on a pr

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Ma'aden rights issue gets 93.97pc take-up

Saudi Arabian Mining Company (Ma'aden) said the take-up on its QR5.6 billion ($1.5 billion) rights issue was 93.97 per cent, with the remaining shares to be offered to institutional investors next week. Shareholders subscribed

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Ma'aden rights issue gets 93.97pc take-up

Saudi Arabian Mining Company (Ma'aden) said the take-up on its QR5.6 billion ($1.5 billion) rights issue was 93.97 per cent, with the remaining shares to be offered to institutional investors next week. Shareholders subscribed

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Maaden's $1.5bn rights issue to start Tuesday

Saudi Arabian Mining Company (Ma'aden) has announced the subscription period for its SR5.6 billion ($1.5 billion) rights issue will start on Tuesday. Shareholders can buy shares in the capital increase until December 2, the co

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Ma'aden gets approval for $1.5bn rights issue

Saudi Arabian Mining Company (Ma'aden) received approval from the kingdom's regulator to undertake a SR5.6-billion ($1.5 billion) rights issue, a stock market filing from the Capital Market Authority said. The price and nu

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LSE unveils $1.6 billion rights issue

The London Stock Exchange (LSE) Group yesterday said it would raise £938 million ($1.6 billion) in its first rights issue to part fund the acquisition of US indexes group Frank Russell. LSE will offer 74,347,813 new s

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