Tuesday, December 20, 2022 – 8:08 PM
DUBAI, 20th December, 2020 (WAM) — The National Central Cooling Company “Tabreed” announced the activation of the decision to increase the foreign ownership percentage in the company’s shares, as of the trading session next Friday, corresponding to the 23rd of December.
The company said, in a disclosure to the Dubai Financial Market today, that with the implementation of the decision, the percentage of foreign ownership of the company’s shares will be increased from 49% to 100%, and the percentage of individuals’ ownership of the company’s shares will be increased from 20% to 100%.
Tabreed’s share closed on the Dubai Stock Exchange today, up by 10.14% at the level of 3.15 dirhams, following trading 7.5 million shares at a value of 22.59 million dirhams through 321 transactions, ranking third in the list of the most active by values and ranked fifth in the list of the most active by volume.
Ahmed Al Botli / Ramy Samih
