ANNOUNCEMENTS AND DISCLOSURES

MEDIA LIBRARY > PRESS RELEASES > ANNOUNCEMENTS AND DISCLOSURES

The real estate market is undoubtedly one of the most dynamic markets in the global scenario, and First Dubai Real Estate Company ensures that you remain updated about the latest developments and trends in the property market. We invite you to browse through our exhaustive media library to know more about global and regional markets so that you are in a position to make informed decisions when it comes to your property investments.

Commentary on unusual trading on First Dubai Real-estate Development Company share.

With reference to the above mentioned subject and Article 4-5 of Chapter 4 of Book 10 of the executive regulation of Law No.7 of 2010 regarding the establishment of the Capital Markets Authority and regulating securities’ activities and to the email received from Boursa Kuwait about unusual trading on First Dubai real estate development shares on 08/10/2020, kindly find our comment in that regard.

 

 

 

08/10/2020

Date:

First Dubai real estate development Company

Name of listed company

With reference to the email received from Boursa Kuwait, about an unusual trading on the shares of First Dubai real estate development Company on 08/10/2020, and based on Boursa Kuwait request to comment on this matter, please note that there are no recent updates that could affect the company in a way that results in this unusual activity in trading other than what have been previously disclosed.

 

Material information

No financial impact

Effect of the material information on the company financial position