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22/02/2018 05:47 AST
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 done on March 7 and the refund will happen on March 8, the company said in a statement posted on Dubai Financial Market's website.
The company posted a 7 per cent increase in gross profit last year to Dh49 million from Dh45.8 million in the year before period.
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The Dubai shipping firm Gulf Navigation has ticked off one major milestone in its ongoing turnaround by getting shareholder approval to take over the assets and companies owned by Brooge Energy Ltd.
Khaleej Times
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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
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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