Published: Sep 17, 2014
Source: Emirates 24|7

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Emaar shareholders to get 1 share in malls IPO for every 36 held

Shareholders can buy the shares in Emaar Malls Group on a preferential basis

Dubai's Emaar Properties said on Wednesday that its existing shareholders will be allocated one share in its malls unit IPO for every 36 held in the parent firm.

Shareholders can buy the shares in Emaar Malls Group (EMG) on a preferential basis at the price that is set by the institutional book building process, the company said in a statement to Dubai's bourse - By Reuters. Read more>>>

 

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