Monday, June 4, 2007

HDG Mansure to Sell Shares in Islamic Property Fund in Dubai and London

(Bloomberg) -- HDG Mansur Capital Group LLC, an
investment company managing about $2.4 billion of property assets,
plans to sell shares in an Islamic real-estate fund in Dubai and
London to raise at least $400 million.

HDG Mansur, which has offices in the U.K. and U.S., will
list its Al-Umran Global Property Fund Ltd. as a company on the
Dubai International Financial Exchange, it said in a statement on
its Web site today. The fund's shares will also trade through
global depositary receipts on the London Stock Exchange.


Read more at Bloomberg Emerging Markets News

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