10 November 2006
UAE-based Gulfa Mineral Water and Processing Industries will list its shares on the Dubai Financial Market in early 2007, a company official said yesterday. The size of the listing will be set pending a decision on a capital increase by the company.
He said Gulfa, which is based in Ajman, is capitalised at Dh13.3 million, but refused to give a figure for the possible capital increase. Gulfa received approval for listing on the DFM from the Emirates Securities and Commodities Authority in May.
UAE-based Gulfa Mineral Water and Processing Industries will list its shares on the Dubai Financial Market in early 2007, a company official said yesterday. The size of the listing will be set pending a decision on a capital increase by the company.
He said Gulfa, which is based in Ajman, is capitalised at Dh13.3 million, but refused to give a figure for the possible capital increase. Gulfa received approval for listing on the DFM from the Emirates Securities and Commodities Authority in May.
© Emirates Today 2006
