Browse related articlesAldar in major share issue
United Arab Emirates: Saturday, December 29 - 2007 at 08:46
Abu Dhabi's Aldar Properties issued 16.4m new shares on Thursday from convertible bonds it sold earlier this year, reported Reuters citing a statement on the Abu Dhabi Securities Market's website. Aldar sold $2.5bn worth of sukuk in February to help fund its expansion programme and it has until January 3 to issue nearly 14m more shares.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, December 29 - 2007 at 08:46 UAE local time (GMT+4)
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