Anan for Investment plans to raise 174.8M dirhams
Anaan Investment Holding Company has decided to increase its capital by 174.8 million dirhams, following the completion of the subscription process and the receipt of all applications. This move comes amid rising demand for land and residential units in Arabian Hills project, highlighting the need to quickly invest the capital to enhance operational opportunities. The board has issued 174.8 million new shares, which have been listed on the Abu Dhabi Securities Exchange, along with an amendment to the company's Articles of Incorporation and Bylaws to reflect the increase.
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