RSH Limited Announces Ownership Interest Of Mohamed Ali Rashed Alabbar
Wednesday, 12 Sep 2007 05:50am EDT
RSH Limited announced that Mohamed Ali Rashed Alabbar is holding an interest in 80,567,633 shares, representing 22.85% in the share capital of the Company. Earlier Mohamed Ali Rashed Alabbar was holding an interest of 25.97% in the share capital of the Company.
Business & Financial News, Breaking US & International News | Reuters.com
Emaar Properties PJSC’s Emirates Property Holdings Limited Completes Offer For RSH Limited
Thursday, 30 Jul 2009 09:10am EDT
Standard Chartered Bank (the Financial Adviser) announced that the offer by Emirates Property Holdings Limited (the Offeror), an indirect wholly owned subsidiary of Emaar Properties PJSC (Emaar Properties), for all the issued ordinary shares (Shares) in the capital of RSH Limited (RSH), other than the Charged Shares and those Shares already owned, controlled or agreed to be acquired by the Offeror and the Relevant Parties has been completed.
Business & Financial News, Breaking US & International News | Reuters.com
Emaar acquires Golden Ace debt
by Martin Morris on Sunday, 21 June 2009
Emaar Properties, through its subsidiary Emirates Property Holdings Limited, has acquired $122 million worth of debt on Golden Ace Pte. Ltd’s books.
The loan was in default due to the inability of Golden Ace’s majority shareholder to service it.
Through the deal Emaar will now be able to exercise voting rights equivalent to 61.3% of the shares in RSH Limited (RSH).
Emaar acquires Golden Ace debt – Retail – ArabianBusiness.com
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