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.


Gulf News

Gulf Navigation increases its capital through trading rights issue

06/03/2018

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"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

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Al Ramz appointed as co-bookrunner for Gulf Nav rights issue

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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 Corp

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