GULF NAVIGATION HOLDING GNAV.DU :

* SHAREHOLDERS APPROVE ISSUANCE OF ISLAMIC CONVERTIBLE SUKUK FOR A VALUE OF 100 MILLION DIRHAMS

* SAYS SUKUK ISSUANCE BY WAY OF A PRIVATE PLACEMENT TO WAHAT AL ZAWEYA INVESTMENT & REAL ESTATE DEVELOPMENT

Source: (https://bit.ly/2PDz9wf) Further company coverage: GNAV.DU

((Reuters.Briefs@thomsonreuters.com;))