Printer Friendly

ADX lists Reem Investments shares on second market.

Kudakwashe

Abu Dhabi Securities Exchange (ADX) has listed Reem Investments shares on the second market, a market dedicated for trading of shares of private companies.

Abdulhamid Mohammed Saeed, Managing Director of REEM Investment, said that the listing of the company's shares on ADX will enable the investment firm to embark on the next leg of growth story with wider shareholder participation while continuing to invest in vital sectors that drive sustainable development in the region.

"Listing the shares of Reem Investments on ADX's Second Market confirms our position as a preferred listing destination and reflects the high levels of international competitiveness ADX offers to the listed companies," added Rashed Al Blooshi, Chief Executive of ADX.

The company's investment portfolio includes core holdings in blue-chip institutions across diversified industry verticals both at the regional and international levels, as well as investments in private companies, investment funds as well as fixed-income securities with the aim of maximising return on investment.

[c] 2018 CPI Financial. All rights reserved. Provided by SyndiGate Media Inc. ( Syndigate.info ).

COPYRIGHT 2018 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:CPI Financial
Date:Oct 1, 2018
Words:172
Previous Article:Lebanon bond rout ramps up currency concerns.
Next Article:UAE approves AED 180 billion budget for 2019 with no deficit.
Topics:

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters