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44GO Stand.chart.25

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Name Symbol Market Type
Stand.chart.25 LSE:44GO London Medium Term Loan
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

DarAlArkan's properties valued 53% over book value (7925Y)

06/03/2012 2:21pm

UK Regulatory


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RNS Number : 7925Y

Dar Al-Arkan International Sukuk II

06 March 2012

Independent valuation of majority of Dar Al-Arkan's real estate portfolio shows market value is 53% above book value.

Dar Al-Arkan Real-Estate Development Company's Board of Directors Report for 2011 contains some additional disclosures in regards to independent valuation of a majority of the Company's real-estate portfolio as well as the geographical distribution of the Company's Sukukholders.

For details please refer to the attached report and for any further inquiries please contact the Company's Investor Relations team on ir@alarkan.com

http://www.rns-pdf.londonstockexchange.com/rns/7925Y_-2012-3-6.pdf

This information is provided by RNS

The company news service from the London Stock Exchange

END

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