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Foreign ownership in UNIKAI rises to 20%

Foreign ownership in UNIKAI rises to 20%
The 20% stake represents 6.05 million shares out of 30.25 million - Photo Credit: Company's Website
Unikai
UNIKAI
14.92% 7.47 0.97

Dubai – Mubasher: The Dubai Financial Market (DFM) announced rising the foreign ownership in UNIKAI Foods to 20% of the total shares, according to a bourse filing on Sunday.

The 20% stake represents 6.05 million shares out of 30.25 million, according to Mubasher calculations.

Earlier, the board of directors approved this step based on the authorization granted by the company’s general meeting on 25 March 2015.