Abu Dhabi – Mubasher: Eshraq Properties’ board ratified the sale of its shares in Ward Holdings, according to a statement.
The board also approved the liquidation of investments in Saudi stocks and gave a nod to the sale of a property in the US at the best opportunity.
Eshraq approved the opening of a branch or a sister company in Abu Dhabi Global Market (ADGM), subject to approvals.
The company appointed Khaleefa Youssef AlMeheiri as a delegated member of the board, as it approved the resignation of Prince Turki Sultan Al Saud from his position as a board member.
Eshraq’s stock declined 2.11% to AED 0.93 by 10:25 am UAE time, with a turnover of AED 1.51 million generated from the exchange of 1.61 million shares.
