It added that LandT proposes to divest part of its shareholding
in the company.
While M/s Sparco Construction Company and M/s China First Metallurgical Group Co had only 9 percent and 1 percent shareholdings
in the JV.
Suspect (Cheema) with mala fide intentions did not comply with the direction of the steering committee, a legal forum constituted under the law, regarding restriction on dilution of lead member shareholdings
which caused loss to state exchequer.
As required by the rules of the Financial Conduct Auhtority (FCA), Lloyds Banking Group announced that the government's shareholding
in the bank has crossed through a one percentage point threshold.
The total cumulative shareholding
of the consortium now stands at 79.
Galfar said that the submission by the shareholder to the said request and his intention to increase his shareholding
percentage has not been based on any undisclosed material information.
ECT welcomes the support of all its shareholders, however, it incurs administrative costs in producing and distributing shareholding
statements, annual reports, notices of meeting and other communications, irrespective of the size of any shareholder.
Muscat, Feb 22 (ONA) Capital Market Authority (CMA) will organize a workshop next Sunday on "The Role of the Legal Advisor at the Public Associations of the Public Shareholding
Companies" under the auspices of Yahya bin Said al Jabri, Chief Executive President of CMA.
UniCredit Bank Austria said today it had raised its shareholding
in local real estate investor CA Immobilien Anlagen (WBAG:CAI) to almost 17%, as part of its tender offer that ended 16 February.
entity with a capital of 5 million Kuwaiti dinars,
The measure, Article 12(5) of the Spanish corporate tax code, establishes that a Spanish company may amortise financial goodwill on the acquisition of a large shareholding
in a foreign company over a 20-year period.
THE government on Friday made it mandatory for companies listed on the stock exchanges to raise their public shareholding
to 25 per cent, a move that will lead to several new issues hitting the markets within next 12 months for investors to buy.