Published: Aug 20, 2014
Source: MSM


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Al Jazeera Steel Products - Clarification on Market News

With reference to recently published article by a financial information terminal, Al Jazeera Steel Products Company SAOG (“the Company”) would like to clarify that Global Buyout Fund L.P. (“GBF”) owns 51% of Al Jazeera Steel Company and not Global Investment House KSC.

The Company does not interfere in private discussions which involve its shareholders. Al Jazeera understands from GBF that they have not received any binding offer from or reached any agreement with any party regarding their stake in Al Jazeera that might require any disclosure to the market.


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