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ADNH allows foreign shareholders
- United Arab Emirates: Monday, April 03 - 2006 at 06:53
Abu Dhabi National Hotels has become the latest listed UAE company to allow foreign share ownership. Its AGM approved foreign ownership of up to 25% of its shares and a 100% increase in share capital through an issue of bonus shares along with a 40% cash dividend for 2005.
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Peter J. Cooper
