CMA permits Galfar chairman to up stake.
Galfar Engineering & Contracting Company chairman Sheikh Salim Said Hamad Al Fannah Al Araimi earlier submitted a request to the market regulator to increase his current shareholding percentage in the company's share capital to 40 per cent.
Galfar said that the submission by the shareholder to the said request and his intention to increase his shareholding percentage has not been based on any undisclosed material information.
(Follow timesofoman.com on Facebook and on Twitter for updates that you can share with your friends.)
Muscat Press and Publishing House SAOC 2011
Provided by Syndigate.info an Albawaba.com company
|Printer friendly Cite/link Email Feedback|
|Publication:||Times of Oman (Muscat, Oman)|
|Date:||Sep 22, 2011|
|Previous Article:||Bahrain default risk at six-month high.|
|Next Article:||Greece set to outline austerity to get loan.|