Arabtec board will meet to discuss liquidation

Construction company voted to dissolve company earlier this month

  
Image for illustrative purpose. Arabtec logos are seen on buildings under construction in the Marina area of Dubai.

Image for illustrative purpose. Arabtec logos are seen on buildings under construction in the Marina area of Dubai.

REUTERS/Steve Crisp

The board of directors of Arabtec will meet on Monday (October 19) to discuss matters related to its liquidation plan, the company said in a statement to Dubai Financial Market (DFM).

Arabtec, which helped construct iconic Dubai buildings including the Burj Khalifa, announced that board members had voted to dissolve the company on October 1.

(Writing by Imogen Lillywhite; editing by Seban Scaria)

(imogen.lillywhite@refinitiv.com)

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

© ZAWYA 2020


More From Equities