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BRIEF-DXB Entertainments seeks shareholders approval for 700 mln dirhams loan ‍​
November 8, 2017 / 10:35 AM / 10 days ago

BRIEF-DXB Entertainments seeks shareholders approval for 700 mln dirhams loan ‍​

Nov 8 (Reuters) - DXB ENTERTAINMENTS PJSC

* SEEKS SHAREHOLDERS APPROVAL TO ENTER INTO RELATED PARTY TRANSACTION WITH MAJORORITY SHAREHOLDER MERAAS FOR SUBORDINATED LOAN OF 700 MILLION DIRHAMS ‍​

* DXB ENTERTAINMENTS SAYS LOAN SIZE OF 700 MILLION DIRHAMS INCLUDES 245.2 MILLION DIRHAMS DRAWN DOWN IN SEPT 2017‍​ Source text for Eikon: Further company coverage:

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