Finance House Considers opening up Shareholding to Foreigners

Finance House Considers Opening Up Shareholding To Foreigners

Finance House’s Board of Directors will discuss in its upcoming meeting next ‎week, opening up its shareholding to foreign ownership, to the extent of 20% ‎of the company’s paid up equity share capital.‎

Abu Dhabi, July 7, 2010 ‎– Finance House’s Board of Directors will discuss in ‎its upcoming meeting next week, opening up its shareholding to foreign ‎ownership, to the extent of 20% of the company’s paid up equity share ‎capital.‎
The decision comes in response to the requests of shareholders during its ‎last Annual General Meeting held in Abu Dhabi.‎
Furthermore, the agenda of the meeting will discuss the achieved profits ‎during the second quarter of 2010 as well as other administrative issues. ‎