RAK Properties surprised markets yesterday, announcing it would repay US$45 million (Dh165.2m) of a government loan it received a year ago.
In a statement to the Abu Dhabi Securities Exchange, the developer said its board of directors had approved the early loan instalment. It did not elaborate.
RAK Properties closed up 5.13 per cent at Dh0.41, its highest share price since August 4."
No comments:
Post a Comment