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United Development Company Q.P.S.C Announces its Conditional Acceptance For Qatar Investment Authority (QIA) Offer to buy 40% of UDC Share in Qatar Cooling District Company “ Qatar Cool “

United Development UDCD 0.27% 1.11 0.00

United Development Company Q.P.S.C Announces in regards to “UDC” Previous Disclosure related to receiving a conditional offer from Qatar Investment Authority (QIA) on 11 December 2023 to buy 40% of UDC Share in Qatar Cooling District Company “ Qatar Cool “ for the amount of 800 Million Qatari Riyals. its conditional acceptance of the mentioned above offer , while taking into consideration all the relevant laws and, regulations and the applicable procedures set out in the Companies Law No (11) for the year 2015 and its amendments in Law No (8) for the year 2021 & in the Governance Code for Companies & Legal Entities Listed on the Main Market.



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