12 July 2011
MUSCAT -- The Capital Market Authority (CMA) has approved a request by Abu Dhabi based Flag Holding LLC for the acquisition of a 39.126 per cent (993,811 shares) hitherto held by Oman & Emirates Investment Holding Co SAOG (one of the current shareholders) in Dhofar Fisheries Industries Co SAOG. The transaction value is based on an enterprise valuation of RO 2.3 million for the company, Awad Mohammed Faraj Bamkhalef, Vice-Chairman of Oman & Emirates Investment Holding said in a disclosure notification to the Muscat Securities Market.
MUSCAT -- The Capital Market Authority (CMA) has approved a request by Abu Dhabi based Flag Holding LLC for the acquisition of a 39.126 per cent (993,811 shares) hitherto held by Oman & Emirates Investment Holding Co SAOG (one of the current shareholders) in Dhofar Fisheries Industries Co SAOG. The transaction value is based on an enterprise valuation of RO 2.3 million for the company, Awad Mohammed Faraj Bamkhalef, Vice-Chairman of Oman & Emirates Investment Holding said in a disclosure notification to the Muscat Securities Market.
© Oman Daily Observer 2011
