Home » Business » Real Estate
Developer Wants Bonds Suspended
By Jason Benham |
December 1, 2009, Tuesday
|
Print Edition
Print Edition
DUBAI'S Nakheel, developer of man-made islands in the shape of palms, has asked for three of its listed Islamic bonds, or sukuk, on Nasdaq Dubai to be suspended until it is in a position to inform the market more fully.
"Following the announcement on Wednesday November 25 from the government of Dubai, Nakheel has today asked for all three of their listed sukuk to be suspended," it said. Nakheel is one of two flagship companies, along with Dubai World, which announced last week they would seek a debt standstill agreement from creditors until May 2010.
"Following the announcement on Wednesday November 25 from the government of Dubai, Nakheel has today asked for all three of their listed sukuk to be suspended," it said. Nakheel is one of two flagship companies, along with Dubai World, which announced last week they would seek a debt standstill agreement from creditors until May 2010.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
