Home Markets Kozhikode: Malabar Gold & Diamonds joins Nasdaq Dubai’s Private Market

Kozhikode: Malabar Gold & Diamonds joins Nasdaq Dubai’s Private Market

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Media Release

Kozhikode, Jun 19: Malabar Investments, the international investment arm of Malabar Gold & Diamonds, one of the largest global jewellery retailer, announced that it has redomiciled the company with the Dubai International Financial Centre (DIFC) and the registration of its shares of international operations with Nasdaq Dubai’s Central Securities Depository (CSD) in a significant step that strengthens Malabar’s links with investors and provides the company with a transparent, well regulated, efficient and secured solution for its share-related corporate actions.

To celebrate this development, Malabar group’s chairman M P Ahammed rang Nasdaq Dubai’s market-opening bell, in the presence of Essa Kazim, governor of the Dubai International Financial Centre (DIFC) and chairman of Dubai Financial Market (DFM); Dr P A Ibrahim Haji, co-chairman of Malabar Group; Hamed Ali, CEO of Nasdaq Dubai and Deputy CEO of DFM, as well as other…

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