REEM
Abu Dhabi – Mubasher: Reem Investments is considering delisting the company's shares from the Abu Dhabi Securities Exchange (ADX).
During its upcoming ordinary general meeting (OGM), the company will also study Q Holding's proposal to fully acquire Reem's shares in exchange for shares to be issued in Q Holding, according to a bourse filing on Thursday.
It is noteworthy to mention that in 2021, the company achieved net profits of AED 1.28 billion, against net losses of AED 123.18 million in the earlier year.