Browse
related articles
Galfar planning OR14m rights issue
- Oman: Sunday, March 10 - 2013 at 06:26
The board of Oman's Galfar Engineering and Contracting Co has recommended raising OR13.86m through a rights issue of shares to boost the balance sheet and support long-term growth of the company, Muscat Daily has reported. The rights issue is subject to receipt of shareholder and regulatory approvals as may be necessary, the company said "Consequently, the issued and paid-up share capital of the company will increase by OR4.95m from OR33m to OR37.95m," Galfar said.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
