Dana Gas to appeal ruling on $700m sukuk case

Dubai – Mubasher: Dana Gas is set to appeal the last ruling of London Court on the $700 million sukuk case at the end of January, company’s CEO Patrick Allman-Ward said on Wednesday.

London Court ruled that Dana Gas must pay the total of the sukuk’s par value, Allman-Ward told Al Arabiya.

The Abu Dhabi Securities Exchange (ADX) listed company stressed that it would appeal London Court’s ruling on 29 January 2018. 

Mubasher Contribution Time: 24-Jan-2018 14:39 (GMT)
Mubasher Last Update Time: 24-Jan-2018 14:44 (GMT)