Amanat Holdings to consider delisting from DFM

The shareholders will also consider distributing 2.2% dividends

  

Dubai –  Amanat Holdings' shareholders will mull delisting the company from the Dubai Financial Market (DFM) and listing on the Abu Dhabi Securities Exchange (ADX).

The company's shareholders that own over 10% of the share capital have requested to amend the second article of the articles of association to establish the company's head office and legal place of business in Abu Dhabi, according to the company's disclosure to the DFM on Wednesday.

During the ordinary general meeting (OGM), set to be held on 28 April, the shareholders will also consider the board's proposal to distribute cash dividends of 2.2% of the share's nominal value for fiscal year (FY) 2019.

Source: Mubasher

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