DPR rights issue was 64% subscribed on first day of subscription
Dubai Parks & Reports (DPR) has announced that its AED1.68bn rights issue was 64% subscribed on the first day of subscription (12 May), exceeding the AED1bn subscriptions mark. The committed investors, including Qatar Holding, Sheikh Majid Ibrahim Al Ibrahim and Al Nahda Investments have fully subscribed to their own rights as well as to part of the Meraas entitlement. 18 May is the last day of trading period of the rights issue, while the subscription for new shares closes on 25 May. (DFM)
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