Dubai's Union Properties says board did not approve Q3 report

Developer did not explain the nature of the required amendments
Dubai's Union Properties says board did not approve Q3 report
By Reuters
Mon 10 Nov 2014 03:00 PM

The board of Dubai real estate developer Union Properties did not approve its third-quarter financial report at a meeting on Sunday, and the company will publish it only after making some amendments, it said in a statement on Monday.

Union Properties did not explain the nature of the required amendments. Dubai's bourse suspended trading in the stock earlier on Monday pending publication of the results.

For all the latest real estate news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Subscribe to our Newsletter

Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.