du’s CEO: The change is FOL is for the board to decide
du’s [DU.DU] CEO, Osman Sultan stated that any change in the foreign ownership limit (FOL) in the company is for the Board of Directors (BoD) to decide. Sultan added that the possibility is there, but there have not been any decisions made yet at this stage. (Bloomberg) du (DU): AED5.65 as of 03 February 2016, Rating: Neutral, FV: AED5.54 per share, MCap: USD7,038 million, DU UH / DU.DU
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