Abu Dhabi: «Gulf»
The share of the “Q Holding” company, listed on the Nomu market within the Abu Dhabi Securities Exchange, jumped, touching the upper limit again, by 14.24%, to reach 3.3 dirhams, during the middle of Monday’s session. The stock recorded strong liquidity, with transactions amounting to about 120.7 million dirhams.
The company’s board of directors will meet on Monday to discuss the offer submitted by ADQ and IHC Capital to merge Modon Real Estate Company, Abu Dhabi National Exhibition Center and other specific assets, Q Holding.
According to a previous statement, if the deal is completed, Q Holding will issue bonds convertible to shares in favor of the Holding Company (ADQ) and IHC Capital, with a total number of 9.49 billion ordinary shares in the capital of Q Holding. The price of one share in «Q Holding» is 2.70 dirhams.
In the Dubai market, the shares of “Al-Ansari” topped the most traded companies until the middle of the session, by about 49 million, an increase of 1.6% to 1.23 dirhams, after the company announced its plans to acquire a controlling stake in an exchange company in the Sultanate of Oman.
2023-08-07 08:59:56
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