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UNIKAI approves 20% foreign stock ownership

UNIKAI approves 20% foreign stock ownership
(Photo Credit: Arabianeye-Reuters)
Unikai
UNIKAI
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Dubai – Mubasher: UNIKAI Foods said its board approved on Saturday, 20 August, the activation of the article that allows foreigners to own up to 20% of the company’s shares.

The board said that this approval is based on the authorisation given to it by the company’s general meeting on 25 March 2015, according to statement to the Dubai Financial Market (DFM) on Sunday.