Al Ramz Corporation board approves capital hike

Dubai-Mubasher: Al Ramz Corporation Investment and Development said the board gave a nod on Monday to increase its capital from AED 10 million to AED 549.91 million, according to a bourse statement.

The capital shall be divided into an in-kind contribution of AED 445 million and cash tranche of AED 94.92 million.

Mubasher Contribution Time: 19-Sep-2016 13:28 (GMT)
Mubasher Last Update Time: 19-Sep-2016 13:28 (GMT)