Mar 29 2010 |
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Barwa to hold EGM tomorrow
DOHA: Barwa Real Estate Company QSC (''Barwa'' ) will hold its Extraordinary General Meeting (EGM) relating to its offer to acquire the share capital of Qatar Real Estate Investment Company QSC (''Alaqaria'') on Tuesday, March 30 at 4.30pm at the Grand Hyatt Hotel, Doha.Barwa has reminded its shareholders about the importance of attending the EGM as this will provide them with an opportunity to vote for the proposed transaction. Barwa 's Annual General Meeting (AGM) will also take place on the same day and at the same venue, concurrently with the EGM.
Barwa is offering to acquire, subject to the terms and conditions set out in the offer document, each Alaqaria share in exchange for 1.100 shares in Barwa .
If the offer is successful, Alaqaria will become a subsidiary of Barwa and Alaqaria shareholders who accept the offer will become shareholders of Barwa .
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