loading

With reference to the above subject, and the CMA regulations number (هـ.أ.م/ق.ر./إ.م/2/2012) on the disclosure of material information and the announcement mechanism, we would like to inform you that National Investments Company announces the purchase of a piece of land and a real estate in Ras Al Khaimah – United Arab Emirates for a total amount of AED 12.1 million. The land value amounts to AED 1.5 million and the property value (Commercial and residential building) amounts to AED 10.6 million with an annual return of around 9.5%, which will be recorded as a revenue starting from September 2015.

myNIC