Julphar transfers rights shares to stock market
2 May 2007

DUBAI — Gulf Pharmaceutical Industries, RAK that has recently completed its rights issues has completed the process of transfer of right shares to accounts of shareholders through the Abu Dhabi Stock Market.

Of the total 107,552,000 shares offered, 94,500,188 have been fully subscribed and paid up resulting in subscription of 87.86 per cent of total available rights.