Subscription to Arabtec’s Capital Hike Starts Monday

Monday, 15th May 2017

Subscription to Arabtec Holding’s AED 1.5 bn rights issue will start on Monday, May 15 and end on Thursday, May 28, Invest-Gate reports.

UAE’s Arabtec has previously set the opening price of its rights issue at 1 fils as a minimum price. Through the right issue, the company aims to increase its capital from AED 4.615 bn to AED 6.115 bn.

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