Shares in Dubai developer Emaar rise despite announcement of prospective bonds conversion | The National:
"Emaar convertible bond holders have asked the company to turn them into shares amid improving property market sentiment.
Shares of Emaar Properties rose slightly yesterday despite the prospect of dilution of shareholder equity.
The property company, which developed Burj Khalifa, said holders of its convertible bonds issued three years ago had asked to convert their investments into shares."
'via Blog this'
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