01/02/2018 07:37 AST

Gulf Navigation Holding said on Wednesday it has appointed Al Ramz Corporation as a Co-Bookrunner to manage their Rights Issue in order to increase its capital to Dh1 billion.

Al Ramz Corporation was selected following the completion of all the final approvals from the Securities and Commodities Authority.

Rights Issue will be issued on February 11 through February 22. The shareholders registered in the company on February 1 will get the chance to buy the shares either fully or partially.


Gulf News

Gulf Navigation increases its capital through trading rights issue

06/03/2018

During its meeting held yesterday, the Board of Directors of the Gulf Navigation Holding approved the trading of the rights issued last February to the company's existing shareholders, without public

Press Release

Gulf Nav gets nod to extend capital increase subscription period

22/02/2018

Gulf Navigation said on Wednesday it has received a regulatory nod to extend the capital increase subscription period by additional five working days till March 1.

The allotment will be do

Gulf News

Gulf Navigation Holding achieves a 7% increase on its Gross Profit

15/02/2018

"Gulf Navigation Holding PJSC" announced its financial results for 2017 achieving 7% increase compared to 2016 with a gross profit of AED 49 million. This achievement comes as a result of the company

Press Release

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