News

28 December 2011PRIME INTERNATIONAL INVESTMENTS GROUP LIMITEDChange of Adviser  The Shariah-compliant, PLUS-quoted, real estate investment company, Prime International Investments Group Limited ("Prime" or the "Company"), announces the appointment of Daniel Stewart and Company Plc ("Daniel Stewart") as the Company's PLUS Corporate Adviser.  Commenting on the appointment, Muin Elsaleh, Prime's CEO,...

PHOENICIAN CORPORATION IV LIMITED (the "Company") SUCCESSFUL EXIT OF INVESTMENT  The Directors are pleased to announce the closing of the successful exit of our entire investment in King Tech International Limited ("KTI").  Accordingly, the Company has received GBP422,499.93 in consideration for its holding of 6,499,999 shares in KTI (selling our...

RAK Real Estate Limited(the "Company") Consolidated Financial Statements and Auditor's Report As of 31 December 2010  Chairman's Statement  We are pleased to announce the results for the twelve months period ending 31 December 2010.  The loss for the period was 2,299,694 Kuwaiti Dinars, attributable to the ongoing development of the...

Prime Investments International Group Limited (the "Company")  INTERIM RESULTS TO 31 AUGUST 2011  Statement by the Board  The Board and the senior management continue to work very hard to create a sound platform for our future activities and are on track to commence commercial activities in H2 2012.  The profit...

RAK REAL ESTATE LTD (the "Company")  It is with great sadness that the directors of the Company announce that Michael Chartres, one of the directors of the Company has passed away unexpectedly.  Rafed Al Khorafi, Chairman of the Company, commented "We are very saddened by the loss of Michael, who...

Conversion of Deposit The directors of Phoenician Corporation IV Limited (the "Company" or "PIV") are delighted to announce that they have agreed to convert the deposit made with Amara Holdings Inc ("Amara") on 24 August 2009 into shares either of Amara itself or into a related company, Amara Hong Kong...

INTERIM RESULTS TO 30 JUNE 2011RAK REAL ESTATE LIMITED (the "Company") We are pleased to announce the interim results for the six months period ending 30 June 2011.  The loss for the period was 528,520 Kuwaiti Dinars, attributable to the ongoing development of the Company and the replacement of the...

Prime Investments International Group Limited ("Prime" or the "Company") Replacement of Non Executive Director and appointment of an Investors Relations Manager. Prime, the international Shari'ah compliant real estate investment group, is pleased to announce the appointment of Ahmed Iqbal Bangee as a Non Executive Director replacing Mr Robin Paynter Bryant...

Prime Investments International Group Limited ("Prime" or the "Company") Appointment of new Chief Executive Officer Prime is pleased to announce the appointment of Mr. Muin El Saleh as the Chief Executive Officer of the Company.  In his most recent role before joining Prime, Mr El Saleh worked as the General...

PHOENICIAN CORPORATION IV LIMITEDREPORT OF THE DIRECTORS AND PRELIMINARY FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 30 APRIL 2011CHAIRMAN'S STATEMENTFOR THE SIX MONTHS ENDED 30 APRIL 2011Since admission to PLUS in March 2009, the Company has continued to search for appropriate acquisition(s) of either the whole or part of suitable...