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Oman and Emirates divests 2.15 per cent in Oman Refreshments

Posted Sun 17 Jun 2012 06:58:15 pm in News, Business | By Dubib.com News Desk


Muscat: Oman and Emirates Investment has divested its 2.15 per cent holding in Oman Refreshments by selling 1,074,180 shares at a price of RO1.700 per share.

This transaction has resulted in a profit of RO1.2 million to the company, the company said in a statement posted on MSM website.

This is in line with its policy to divest at the appropriate time, paving the way for restructuring the investment profile of the company.



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