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The lender is believed to have approached the Foreign Investment Promotion Board (FIPB) to increase its foreign shareholding limit to 65 per cent.
Janice Obuchowski (Director): purchase of 5,000 shares of 400p; total shareholding now 7,000 ordinary shares
The Company will be writing to all shareholders who hold less than A$500 worth of ECT shares, that the Company is implementing a small shareholding share sale facility (the Small Shareholdings Facility) under clause 3 of the ECT Constitution.
The workshop targets those concerned and interested in identifying the role of the legal advisor at the public associations of the public shareholding companies.
According to a recent study by Crisil Equities, there are 179 listed companies that have public shareholding below 25 per cent.
A private shareholding company, which must have a minimum of three shareholders and a minimum capital of Dh2 million, cannot offer share to the public under the UAE existing Companies Law, which is soon to be replaced by a new law that is expected to give more shareholding rights to foreigners.
Dixon said: "A reconciliation was commenced on 4 May and we were advised yesterday [29 May] by Link Market Services, our share registry, that the foreign shareholding at that date was just below 50%.
Chairman of the Board Vladimir Evtushenkov's shareholding in the Company has increased from 62.
The shareholding of FIIs rises by 39 basis points to 11.
Director/PDMR Shareholding 10/09/2012 Treasury Stock 07/09/2012
2% shareholding in Videotron, which owns and operates a further 11 franchises.
Global Legal Group, in The International Comparative Legal Guide to: Merger Control 2015, published the article EU Merger Control Reform: Expanding Jurisdiction to Capture Minority Shareholding Acquisitions by Akin Gump cross-border transactions practice partner Davina Garrod and associate Jennifer Harvey.