| From Thepeninsulaqatar.com: Commercial Bank of Qatar, the largest private sector bank in Qatar, yesterday announced that it has received funds from the Qatar Investment Authority (QIA) which are to be used to subscribe for a further issue of shares in the capital of the Bank.
The proposed issue would involve a placement of 10,310,265 additional ordinary shares at a price of QR78.30 per share and would increase QIA's shareholding in Commercialbank to 9.1 percent..........................................Full Article: Source
|