UDC will announce further details (Photo Credit: Company Website)
United Development
UDCD
UDCD
Gulf International
GISS
GISS
Doha – Mubasher: Amwaj, a subsidiary of Gulf International Services (GIS), intends to buy a portion of United Development Company’s (UDC) stake in United Facilities Management Company.
GIS’ unit will decide on the stake purchase when it finishes some necessary studies, according to a bourse statement.
UDC will announce further details if the parties reached any mutual consent to enter into an agreement relating to the acquisition.
Source:
Mubasher
