Dubai, 15 May 2012: Arabtec Holding PJSC confirms that Aabar's investment in the company through its investment funds totals 20.93% according to the share register of settlement date 14/05/2012.
About Arabtec:
Arabtec Holding PJSC, formerly known as Arab Technical Construction Company PJSC, is a Public Joint Stock Limited Liability Company formed in 2004 to invest in the contracting sector through establishing, acquiring and owning shares in construction related companies in the UAE and abroad. Arabtec Construction LLC, Austrian Arabian Ready Mix Concrete Co. LLC and Arabtec Pre-cast LLC are wholly owned subsidiaries of Arabtec. Arabtec Construction Company LLC, the company behind the world renowned and iconic Burj Khalifa and widely recognised as one of the top construction companies in the UAE. Arabtec Holdings was formed to invest in the construction sector. The company relies on a highly motivated management team with vast experience in the contracting sector. Mr Riad Kamal, a founding shareholder, has overseen the development of several construction projects in Dubai and Abu Dhabi since 1975, many of which are considered landmarks in the UAE and soon to be recognised worldwide. Some of these buildings and landmarks include the Jumeirah Beach Residences, Al Mazaya Sky Gardens, Emirates Hills Developments as well as DIFC Gate Village.
For further information, please contact:
Bassam Al Naimi
SAHARA Communications
+971 50956 6829
bassam@saharagcc.com
www.saharagcc.com
© Press Release 2012
