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Dana Gas lands a financial relief
- United Arab Emirates: Sunday, February 10 - 2013 at 16:06
The ADX General Index closed off 0.52% at 2,893.71 points Sunday. Fujairah Building Industries lost the most (down 9.95%). Dana Gas closed unchanged at Dhs0.50. Earlier in the day, the Sharjah-based energy firm said the sale of 1.675m of its shares in MOL Hungarian Oil and Gas has realised gross proceeds of Dhs495m ($135m) for the company. The transaction took place on Feb. 8 and leaves Dana Gas with a remaining interest in MOL of 1.486m shares, representing approximately 1.4% of the share capital.
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Gérard Al-Fil, Financial JournalistSunday, February 10 - 2013 at 16:06 UAE local time (GMT+4)
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