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BARWA REAL ESTATE INTENDS TO MAKE A RECOMMENDATION TO ITS EGM TO APPROVE THE RAISING OF FOL TO 49%

Barwa BRES -0.96% 2.87 -0.03
Barwa Real Estate’s BOD intends to invite the Company’s shareholders to attend an Extraordinary General Assembly meeting to approve increasing the percentage of non-Qatari ownership in the Company’s capital to 49% instead of 25% as per the related laws and regulations and subject to the approval of the Ministry of Economy and Commerce.

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