Emaar Properties' 1:1 rights issue starts

Published August 4th, 2005 - 11:18 GMT
Al Bawaba
Al Bawaba

Emaar Properties' 1:1 rights issue (RI) is open for subscription from Thursday. Shareholders can subscribe the shares through the UAE branches of Union National Bank, the lead receiving bank for the issue, or any of the receiving banks, which includes Mashreqbank, Emirates Bank International and Dubai Bank. The issue will be closed on August 15, Khaleej Times reported.