Union Properties shareholders to OK 5% bonus shares

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Union Properties (UP) held an ordinary general meeting on Thursday, April 10, which approved distributing 5% bonus shares.

FY13 financial statements reflected net earnings of AED 1.579 billion, compared to AED 175.789 million in FY12.


The developer revealed plans to develop 5 residential towers as part of Dubai Motor City at a total value of almost AED 1 billion.

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