Dubai Holding Commercial Operations Group LLC, the investment company owned by Dubai’s ruler, will delay reporting its 2009 financial results by two weeks to May 16 as it completes consolidation of businesses.
The company has “extensively realigned its operating businesses, undertaken a conservative revaluation of its real estate portfolio, and has conducted a thorough impairment testing exercise across all its projects,” Dubai Holding Commercial said in a statement to Nasdaq Dubai today.END
No comments:
Post a Comment