Dubai Parks and Resorts adds item to General Assembly meeting agenda

Addition of special resolution to amend Articles of Association   Following the Board of Directors meeting held on 15 June 2016, Dubai Parks and Resorts today announced that the Board of Directors have agreed to add a new item to the company’s General Assembly meeting agenda. In addition to the election and appointment of an […]

Dubai Parks and Resorts Successfully Raises AED 1.68 billion for Six Flags theme park

Rights Issue 1.6 times oversubscribed 68 billion New Shares issued at AED 1 per share Meraas remains majority shareholder with a total shareholding of 52% Qatar Holding increases its shareholding in the company to 11%  Dubai Parks and Resorts today confirmed that it has successfully raised AED 1.68 billion from a 1.6 times oversubscribed Rights […]

Dubai Parks and Resorts Rights Issue 1.25 times Oversubscribed

Subscription Period Closes on 25 May 2016 Dubai Parks and Resorts today confirmed that the AED 1.68 billion Rights Issue, which was announced on the 19 April 2016, was oversubscribed at the end of trading on 23 May 2016, underlining strong investor support. Total subscription as at close of 23 of May 2016 amounted to […]

Three Days Left to Subscribe to the Dubai Parks and Resorts Rights Issue

New shares offered at AED 1 per share Subscription Period Closes on 25 May 2016 Rights holders are reminded that the Subscription Period for the Dubai Parks and Resorts Rights Issue, which opened on 12 May 2016, will close in three days on 25 May 2016. The AED 1.68 billion Rights Issue is intended to […]

Dubai Parks and Resorts’ Rights Issue Subscriptions Exceed AED 1 billion on Day 1 of Subscription Period

Trading in Dubai Parks and Resorts Rights to End in Two Days  Rights Issue to raise AED 1.68 billion  Trading of Rights can be done on DFM under the ticker: DUBAIPARKSRI Shareholders can trade their allocated Rights on the Dubai Financial Market (“DFM”) Trading period to end on Wednesday 18 May 2016 Dubai Parks and […]

Subscription period for Dubai Parks and Resorts Rights Issue Opens Tomorrow

New shares offered at AED 1 per share Subscription Period Opens on 12 May 2016 Subscription Period Closes on 25 May 2016 Further to the announcement on 19 April 2016, Dubai Parks and Resorts today announced the opening of the subscription period for New Shares as part of its AED 1.68 billion Rights Issue to […]

Trading of Dubai Parks and Resorts’ Rights Issue Starts Today

AED 1.68bn Rights Issue to primarily finance Six Flags Dubai  Trading of Rights (ticker: DUBAIPARKSRI) opens today, 4 May, 2016 Shareholders can now trade their allocated Rights on the Dubai Financial Market (DFM) Trading period to end on 18 May, 2016 Dubai Parks and Resorts today announced the start of the trading period for Rights […]

Preliminary Financial Results for first quarter ended 31 March 2016

Results Highlight Steady Progress towards Opening in October   Financial Highlights   31 Mar 2016 (AED m) 31 Mar 2015 (AED m) Revenue – – Loss for the period 38 13   31 Mar 2016 (AED m) 31 Dec 2015 (AED m) Property and equipment, investment properties and advances 6,186 5,307 Cash, derivative financial instruments […]

Dubai Parks and Resorts PJSC Launches AED 1.68 billion Rights Issue

• Rights Issue to Raise AED 1.68 billion; New Shares offered at AED 1 • Trading of Rights starts on 4 May 2016 • Subscription period starts 12 May 2016 • Meraas to exercise part of its Rights, by transferring the remaining number of its Rights to certain Committed Investors, who agree to exercise such […]

Dubai Parks and Resorts PJSC secures AED 993 million in syndicated debt for Six Flags Theme Park

Shareholders to vote on AED 1.68 billion capital increase at the General Assembly meeting to be held on 18 April 2016 Dubai Parks and Resorts (“DPR” or “the Company”) today announces it has secured AED 993 million (US$ 270 million) of debt financing to fund part of the proposed Six Flags branded theme park which […]