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Estithmar Holding Offers Up to 50% of Its Capital for Subscription

Qatar NewswireComments Off on Estithmar Holding Offers Up to 50% of Its Capital for Subscription

Estithmar Holding, a Qatari public shareholding company, announced the issuance and offer up to (50%) of the companys capital.

The company called shareholders to the Extraordinary General Assembly meeting on July 24 to approve the aforementioned subscription.

The issuance will take place as follows: 10% by issuing subscription rights and 40% by private placement and/or public subscription, provided that each of them is issued in one tranche or several tranches over the course of one year.

Estithmar Holding was founded in 2008. It has a capital of QR 830 million.

Source: Qatar News Agency

Qatar Newswire

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