UAE's Dar Takaful shares available to public from June 1


(MENAFN- Khaleej Times) Founders of Dar Takaful, a public joint stock company, said in a Press release that shares of the company will be available for acquisition starting June 1, 2008. With a total of Dh100 million distributed over 100 million shares, and a nominal value of one Emirati dirham per share, the company will offer 55 million shares for public acquisition, representing (55 per cent) of the total capital for a nominal value of Dh1 per share. In addition to 3.5 fils per share as issuance expenses. The chairman of the "Takaful House" founders committee, Mohammed Musabah Al Neaimi clarified that company shares are available for companies and individuals (Nationals & GCC Citizens), and the companies registered in the UAE owned by nationals.


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