Friday 17 April 2015

Amlak ready to resume DFM trading after six-year absence | The National

Amlak ready to resume DFM trading after six-year absence | The National:



"Amlak Finance said its shareholders had approved a plan to readmit its shares for trading on the Dubai Financial Market after an absence of six years. 




The Sharia-compliant mortgage lender, which is 45 per cent owned by Emaar Properties, announced that shareholders at its annual general meeting on Thursday gave the go-ahead for readmission.



Ratification by shareholders is one of the requirements to win final regulatory approval from the Securities and Commodities Authority for Amlak’s shares to resume trading."



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