Abu Dhabi Ship Building equity ownership change effective Tuesday

Abu Dhabi – Mubasher: Abu Dhabi Ship Building Company announced on Monday that it will amend its share ownership as of 14 June.

Local ownership was assigned at 51%, while foreign ownership was set at 49%, according to a bourse filing.

The stock rose in today’s mid trading by 4.8% to AED 2.7 as 55,660 shares were exchanged at AED 150,860.

Mubasher Contribution Time: 13-Jun-2016 09:36 (GMT)
Mubasher Last Update Time: 13-Jun-2016 09:36 (GMT)