Ajman shareholders to discuss capital raise

Dubai-Mubasher: Dubai-listed Ajman Bank’s board decided to increase its capital by AED 500 million through rights issue from AED 1.05 billion to AED 1.55 billion, according to the bank’s statement on Thursday.

The board decided to hold its ordinary general meeting on 13 April to discuss the capital raise and financial announcement for the fiscal year 2015.

Mubasher Contribution Time: 21-Jan-2016 12:29 (GMT)