ADFG makes Salama share transfer; stake unchanged

Dubai – Mubasher: The Abu Dhabi Financial Group (ADFG) has transferred 106 million shares in Islamic Arab Insurance Co (Salama) from its DFM investor number (NIN) to its account with Ajman Bank.

The transaction was implemented under a murabaha loan on Monday, according to a statement to the Dubai Financial Market (DFM).

After completing the deal, ADFG’s stake in Salama remained unchanged at 20%.

 

Mubasher Contribution Time: 11-Sep-2018 06:39 (GMT)
Mubasher Last Update Time: 11-Sep-2018 06:51 (GMT)

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