|Dana Group Intl IN Classa Ord GBP0.005 (delisted)
The Company intends to invest in a portfolio of assets, some of which are likely to be immediately cash-generative or profitable; and some of which may provide scope for longer-term capital appreciation.
All assets acquired by the Company will be Shariah-compliant.
Following the sale of its freehold interest in the Eye of Ajman and its purchase of 34.12 per cent of Makkah Madinah Commercial Investment Company JSC in Saudi Arabia, the Company now has indirect exposure to a diversified property estate across that country and, specifically, in the Holy Cities of Makkah and Madinah.
Having re-defined its focus, which remains firmly Middle East-centric, the change of name to Makkah & Madinah Holdings Limited and the recent reclassification of the Company within the Real Estate Investment & Services' sector serve to reinforce the Company's mission and identity.Visit the Makkah & Madinah Holdings Limited website
Dana Group Intl IN Classa Ord GBP0.005 (delisted) News