Wednesday 03, January 2018 by Jessica Combes

Gulf Navigation Holding to increase capital through IPO to reach AED 1 billion


Gulf Navigation Holding PJSC announced its intention to increase the company’s capital to make the issued and paid up share capital AED 1 billion, distributed over one billion shares at a par value of AED 1 per share without issuance premium, based on the company’s General Assembly unanimously approved resolution in June 2016.

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