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Sunday, April 22, 2018 3:2 GMT

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UAE's Dana Gas Receives New Injunction Preventing Dividend Payments


United Arab Emirates energy firm Dana Gas received a new injunction from the English High Court related to the dispute over its US$700 million of Islamic bonds, the company said in a statement to the bourse on Sunday.

Dana said it planned to challenge the injunction, which prevents the energy producer from paying any dividends unless it also sets aside money to redeem the sukuk.


published:09/04/2018 09:39 GMT

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  • Emirati Dana Gas Loses UK Appeal over Islamic Bonds  19/12/2017 08:26 GMT

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