An unknown buyer cancelled the acquisition of 22.66% stake in Ezdan Holding Group Q.S.C. from Qatar International Islamic Bank, Asset Management Arm and others.
January 15, 2017
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An unknown buyer agreed to acquire 22.66% stake in Ezdan Holding Group Q.S.C. (DSM:ERES) from Qatar International Islamic Bank, Asset Management Arm and others on December 29, 2016.
An unknown buyer cancelled the acquisition of 22.66% stake in Ezdan Holding Group Q.S.C. (DSM:ERES) from Qatar International Islamic Bank, Asset Management Arm and others on December 29, 2016. The Ninth Circuit of Court of First Instance issued the judgment on December 29, 2016 to dismiss the case.
Ezdan Holding Group QPSC is a Qatar-based company, which is primarily engaged in real estate sector. The Company operates, along with its subsidiaries, in four business segments: Residential and Commercial Property segment, which includes development, trade and rental of real estates; Hotel and Suites segment, which includes management of hotels, suites, and restaurants. Investment segment, which includes Investment activities including shares and bonds. Malls segment, which includes management of malls. The companyâs subsidiaries include Ezdan Hotels Company W.L.L., Ezdan Mall Company W.L.L., Ezdan Real Estate Company W.L.L., Ezdan Palace Hotel Company W.L.L., Al Ekleem for Real Estate and Mediation Co. W.L.L., Ezdan International Limited, Haloul Ezdan for Trading and Construction Company W.L.L., Ezdan World W.L.L., and Emtedad Real Estate for Projects W.L.L.
An unknown buyer cancelled the acquisition of 22.66% stake in Ezdan Holding Group Q.S.C. from Qatar International Islamic Bank, Asset Management Arm and others.
EZDAN HOLDING GROUP Q.P.S.C. 
