Gulf Navigation to raise capital in February

Dubai – Mubasher: Gulf Navigation on Sunday announced that the subscription in its capital-raising shares offering is set to take place between 11 and 22 February 2018.

Emirates NBD will be the offering’s lead manager, according to Al-Khaleej newspaper.

The Dubai Financial Market (DFM) listed company stated that it has planned to raise its capital through the offering’s yields, in a bid to supply the required liquidity to fund the company’s strategic plans, Al-Khaleej reported.

Mubasher Contribution Time: 14-Jan-2018 09:50 (GMT)
Mubasher Last Update Time: 14-Jan-2018 09:57 (GMT)

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