VOL. XXXVIII
NO. 25
20-MARCH-1995
Bahrain
Intoil Increases Share Capital By $15Mn
The Bahrain-based offshore private shareholding company In- toil E.C.announced on 11 March that it has increased its capital by $15mn from theoriginal $17.25mn, through a new share issue which was handled by theBahrain-based Trans- Arabian Investment Bank E.C. (Taib Bank). According to ajoint statement by Intoil and Taib, $10mn of the new issue was subscribed by newGulf investors and the remaining $5mn by the...
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