Dubai's Arabtec liquidation plan discussions continue | ZAWYA MENA Edition
Construction firm Arabtec’s board of directors will meet on Thursday to discuss the progress of stakeholder discussions in respect of its insolvency liquidation programme.
Shareholders of the Dubai-based company voted to dissolve it at the end of September, and a two-month deadline was set for discussions with stakeholders before a liquidation plan is submitted.
Earlier this week, the constructions company announced that its subsidiary, Target Engineering, had won a contract for offshore Marine works off the coast of Eastern Saudi Arabia.
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