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Acceptance of Al Rayyan shares to end on 18th Sept. 2006
BMI 18 September 2006... Manama. 18th September, 2006: Bahrain based BankMuscat International (BMI) today announced that the all activity related to receiving and placing selling orders for Al Rayyan Bank shares would cease from the 19th of September 2006. The order, however, would need to be received before the closing of the Doha Stock Exchange on the 18th of September.
With the end of the agency agreement between Dlala and BMI , shareholders who are willing to sell their stake in Al Rayyan bank, after the 19th would need to contact Dlala or any other broker in Qatar directly.
In June this year BMI were appointed as a designated agent broker for assisting Al Rayyan shareholders in Bahrain to open accounts with them to facilitate trading in Al Rayyan shares, by Qatar based Dlala brokerage
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