Gulf Navigation
GULFNAV
0.33%
6.12
0.02
GULFNAV
Dubai – Mubasher: Gulf Navigation Holding’s board of directors has approved issuing senior unsecured mandatory convertible sukuk.
The sukuk’s value will be AED 100 million, according to a statement to the Dubai Financial Market (DFM).
The company last reported a 5% growth in its gross profits, reaching AED 10.15 million in the first three months of 2018.
Source:
Mubasher