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Qannas Investments Ltd Announces Disposal Of Al Waha Capital PJSC

Thursday, 14 Feb 2013 08:00am EST 

Qannas Investments Ltd announced that it has disposed of its entire holding in Al Waha Capital PJSC (Waha Capital) for AED15.0 million ($4.0 million) in cash. Waha Capital is an Abu Dhabi-based, diversified investment holding company with interests in aircraft and other asset leasing, maritime, land development and financial services businesses. Waha Capital is listed on the Abu Dhabi Securities Exchange. It is intended that the proceeds of the disposal will be distributed to Qannas shareholders. 

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