Tag Archives: Joint Venture

Emaar MGF Land postpones IPO

February 11, 2008 – 8:58 am

Emaar MGF Land, a JV between one of the world`s foremost real estate companies, Emaar Properties PJSC of Dubai, and MGF Development of India, has withdrawn and postponed its initial public issue to an appropriate moment.
The company decided to take this step as an outcome of the prevailing adverse market feelings, fuelled by renewed signals of a [...]

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Emaar Purchases 1.36Percent Additional In Indian JV For Rupees 922 crore

February 1, 2008 – 11:42 pm

MUMBAI: The Dubai based Emaar group has purchased another 1.36% in its Indian joint venture Emaar MGF Land for Rs 922 crore, ahead of the initial public offer, which is considered to open on February 1. Emaar group has been assigned 13.37 million shares in the company, sources close to the arrangement said. The additional [...]

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