December 31, 2017 / 6:08 AM / 18 days ago

BRIEF-Saudi's Dar Al Arkan Plans to Offer 30 PCT Of Dar Al Arkan Properties Shares

Dec 31 (Reuters) - DAR AL ARKAN REAL ESTATE DEVELOPMENT :

* BOARD APPROVES OFFERING 30 PERCENT OF DAR AL ARKAN PROPERTIES COMPANY SHARES

* SAYS SAMBA CAPITAL & INVESTMENT MANAGEMENT CO HAS BEEN APPOINTED AS FINANCIAL ADVISOR FOR THIS INITIAL PUBLIC OFFERING

* PLANS TO FILE OFFERING APPLICATION TO CAPITAL MARKET AUTHORITY TO OBTAIN APPROVALS Source text for Eikon: Further company coverage:

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