Saturday, October 11 - 2008

Bank of Sharjah to offer bonds on ADSM

United Arab Emirates: Thursday, May 01 - 2008 at 12:11

Bank of Sharjah has announced that it will offer its converted bonds for clearance in the Abu Dhabi Securities Market beginning today. The bonds were converted into shares on March 17. The bank announced last month that 395 bondholders had converted 487,472,086 bonds representing 97.49% of the total. The capital of the bank after the said conversion stands at Dhs1,737,472,086.

Jeff  Florian Jeff Florian, Senior Reporter
Thursday, May 01 - 2008 at 12:11 UAE local time (GMT+4)

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