29.03.2010 - Waha Assembly approves AED 1 bln mandatory bonds or Sukuk
From WAM: The General Assembly of Waha Capital PJSC, the leading investment holding company enlisted on ADX, approved recommendations of the Board of Directors to issue mandatory convertible AED 1 billion bonds or Sukuk, in addition to distributing 2.5% cash dividends and 10% bonus shares of the company's paid-up capital. The announcement came during the Ordinary General Assembly and the Extraordinary General Meetings that took place today in Abu Dhabi, chaired by Hussain Jassim Al Nowais, Chairman of Waha Capital, in attendance of the company's board members, stakeholders and executive management.....................................Full Article: Source
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