Wed, Oct 22, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk), Compliance, Tax, Legal, Regulatory more

Shuaa rejects Dubai banking claim

Posted on 24 June 2009

From Tradearabia.com: Dubai investment bank Shuaa Capital said on Tuesday it rejected a claim from Dubai Banking Group (DBG) for a refund in a row over $409 million bond conversion deal.

‘Shuaa Capital rejects the claim that any amounts are due to DBG because Shuaa has already exercised its contractual option to redeem the bonds by issuing 250 million new shares,’ Shuaa said in a statement……..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031