| 20.04.2010 - Du plans rights issue to fund expansion |
| From Business24-7.ae: The UAE's second telecom service provider Emirate Integrated Telecommunications Company (du) is planning to raise Dh1 billion via rights issue. The telecom major may consider the option of Islamic bonds or sukuks for raising more funds in the near future to support the ongoing expansion. Previously, Gulf Finance House (GFH) raised about $348m via rights issue in October 2009..........................................Full Article: Source |