ADX delists Union Cement’s shares

Dubai – Mubasher: Union Cement Company (UCC) announced that its shares were delisted from the Abu Dhabi Securities Exchange (ADX) on Monday, 25 June.

In January, the UCC’s board of Union Cement Company (UCC) approved the changing of the company’s nature from a public to a private equity, after the delisting of its stock on the ADX.

The UAE-based company reported a 13.15% decrease in net profits during the first quarter of 2018, recording AED 13.6 million.

Mubasher Contribution Time: 28-Jun-2018 09:12 (GMT)
Mubasher Last Update Time: 28-Jun-2018 09:18 (GMT)