{"id":41568,"date":"2017-01-23T15:39:54","date_gmt":"2017-01-23T08:39:54","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=41568"},"modified":"2017-01-23T14:51:04","modified_gmt":"2017-01-23T07:51:04","slug":"arabtec-shares-suspended-from-trading-on-dfm-ahead-of-q4-results-announcement","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-shares-suspended-from-trading-on-dfm-ahead-of-q4-results-announcement\/","title":{"rendered":"Arabtec shares suspended from trading on DFM ahead of Q4 results announcement"},"content":{"rendered":"


\nShares in Arabtec Holding have been suspended pending the release of its fourth-quarter earnings statement. A notice from the Dubai Financial Market this morning stated that “as its Board of Directors meeting is being held today”, the construction firm’s shares would not trade from 11.30am until results are disclosed. The meeting is being held in Abu Dhabi at the offices of the parent company of Aabar, which is the largest shareholder in Arabtec, with a 36 per cent stake. EFG Hermes expects Arabtec’s losses to narrow in the fourth quarter of 2016 compared to a year earlier, according to Reuters. Arabtec reported a net loss of Dh404 million for the final three months of 2015. The company’s shares are up more than 11 per cent in 2017. Shares opened today at Dh1.46 and were trading at Dh1.45 when they were suspended. business@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Arabtec shares suspended from trading on DFM ahead of Q4 results announcement<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shares in Arabtec Holding have been suspended pending the release of its fourth-quarter earnings statement....<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-41568","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-aOs","jetpack-related-posts":[{"id":41558,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-shares-to-be-suspended-from-trading-on-dfm-ahead-of-q4-results-announcement\/","url_meta":{"origin":41568,"position":0},"title":"Arabtec shares to be suspended from trading on DFM ahead of Q4 results announcement","date":"January 23, 2017","format":false,"excerpt":"\r Shares in Arabtec Holding will be suspended from 11.30am pending the release of its fourth quarter earnings statement. A notice from the Dubai Financial Market this morning stated that \"as its Board of Directors meeting is being held today\", the construction firm's shares will not trade until results are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41560,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-shares-to-be-suspended-from-trading-on-dfm-ahead-of-q4-results-announcement-2\/","url_meta":{"origin":41568,"position":1},"title":"Arabtec shares to be suspended from trading on DFM ahead of Q4 results announcement","date":"January 23, 2017","format":false,"excerpt":"\r Shares in Arabtec Holding will be suspended from 11.30am pending the release of its fourth quarter earnings statement. A notice from the Dubai Financial Market this morning stated that \"as its Board of Directors meeting is being held today\", the construction firm's shares will not trade until results are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6444,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-shares-continue-dizzying-rise-in-dubai-after-hasan-ismaik-increases-stake\/","url_meta":{"origin":41568,"position":2},"title":"Arabtec shares continue dizzying rise in Dubai after Hasan Ismaik increases stake","date":"March 1, 2016","format":false,"excerpt":"\r \r Arabtec shares continued their dizzying rise on Tuesday morning, after former chief executive Hassan Ismaik increased his stake in the company to 11.91 per cent on Monday.The Dubai construction firm's shares rose by nearly 12 per cent at the open before paring gains slightly, trading up 7.64 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41690,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-adopts-new-risk-management-plan\/","url_meta":{"origin":41568,"position":3},"title":"Arabtec adopts new risk management plan","date":"January 24, 2017","format":false,"excerpt":"\r Arabtec has said that it is adopting a new risk management plan.In a statement to the Dubai Financial Market on Tuesday morning, the Arabtec chief executive Hamish Tyrwhitt said that the company had supported a new group-wide enterprise risk management plan at its board meeting on Monday.Arabtec shares were\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43353,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-announces-second-board-meeting-of-the-year\/","url_meta":{"origin":41568,"position":4},"title":"Arabtec announces second board meeting of the year","date":"February 8, 2017","format":false,"excerpt":"\r Arabtec has announced that it will be holding its second board meeting of the year on February 12 to discuss its 2016 results, the UAE's largest listed construction company said in a statement to the Dubai Financial Market this morning. Arabtec's shares were suspended on the DFM on January\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6552,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-shares-plunge-20-per-cent-as-rally-comes-to-dramatic-end\/","url_meta":{"origin":41568,"position":5},"title":"Arabtec shares plunge 20 per cent as rally comes to dramatic end","date":"March 2, 2016","format":false,"excerpt":"\r \r Arabtec plummeted 20 per cent in the final 90 minutes of trading, bringing the stock's dramatic three-day rally to an abrupt end.EFG Hermes downgraded Arabtec to 'sell' from 'hold', arguing that the construction firm's fundamentals did not justify recent rises in their share prices.The bank argued that the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41568"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=41568"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41568\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=41568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=41568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=41568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}