Dubai – Mubasher: The general assembly of Awtad has approved to delist the shares of the company from the Dubai Financial Market (DFM).
During their meeting on 18 Wednesday, Awtad’s shareholders approved for the delisting to be effective from 30 September 2019, according to a disclosure to the DFM on Thursday.
On 29 May, the board members of Awtad approved to exit the UAE stock market.
In December 2017, the chairman of Awtad had rung the market bell to celebrate the listing of his company’s shares on the DFM.