VOL. XLV

No 48

2-December-2002

BAHRAIN

Investcorp Plans To Issue 400Mn Additional Ordinary Shares

Global investment group Investcorp, which is based in Bahrain, said on 24 November that it would issue 400mn additional ordinary shares and is inviting existing ordinary shareholders to exercise their pre-emptive rights at $1.75 per share. Investcorp is making the move to supplement its capital structure in order to support growth of the companys four lines of business: corporate investment, real...