VOL. XXXVI
NO. 19
8-FEBRUARY-1993
Financial and Banking News
REGIONAL FINANCING
United Gulf Industries Corporation Extends Deadline on Share Issue
Manama-based United Gulf Industries Corporation (UGIC) has extended its shareoffering until the end of February because only about 25% of shares were takenup by the initial closing date of 25 January. The company is offering 28mnshares priced at BD1.11 each ($2.94) to raise BD31.08mn, of which BD28mn will beadded to the company's capital. The company was...
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