Published: Aug 20, 2014
Source: MSM

News

Email this story Print this page zoomin zoomout

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.

 

Middle East Stock Markets

Index Last Change %Change
TASI 7,119.12 -4.98 -0.07%
ADI 4,517.15 +83.41 1.88%
DFMGI 3,558.68 +62.95 1.80%
QE 10,053.95 +64.66 0.65%
KSE 5,589.16 0.00 0.00%
MSM30... 5,667.580 +11.230 0.20%
ASE... 2,163.42 +1.20 0.06%

Recent Analyst Actions  >>

or
Company Price Opinion
DXB Entertainments 1.90 Buy
Abdullah Al Othaim Markets 125.60 Overweight
Bupa Arabia for Cooperative 137.60 Overweight
Abdul Mohsen Al-Hokair Group 40.50 Overweight
Saudi Telecom Co. 68.90 Overweight

Markets Today Quick Links

×

Get all the latest updates about the GCC & Global Markets directly to your email