Dubai – Mubasher: Shuaa Capital on Monday has announced that it owns 182 million shares in Wahat Al Zaweya Holding (WAZ) on behalf of its client.
The announcement came to affirm that there is no change in ownership of WAZ, according to the company’s filing to the Dubai Financial Market (DFM).
Shuaa also confirms that it holds no exposure in WAZ on its balance sheet.
It is worth mentioning that WAZ’s capital amounts to AED 2.321 billion divided into 2.312 billion shares.
On Sunday, WAZ announced that Bonyan International Investment Group sold 5.75% of its shareholding in the company to Dubai-listed Shuaa Capital.
