Abu Dhabi — Mubasher: Wahat al Zaweya Holding on Sunday announced that Bonyan International Investment Group has sold 5.75% of its shareholding in the company to Dubai-listed Shuaa Capital.
After this deal, Bonyan International’s stake in Wahat al Zaweya stands at around 22.06 million shares, or 0.95% of the company’s capital, according to a filing to the Abu Dhabi Securities Exchange (ADX).
On Tuesday, Wahat al Zaweya said that Bonyan International had sold a 1.08% stake of its shareholding in the company.
The value of the transaction was not revealed.
Wahat al Zaweya’s capital amounts to AED 2.312 billion distributed over 2.313 billion shares at a fair value of AED 1 a share.
