Alami Lazraq increases his stake in Alliances Développement immobilier’s share capital (€28 million) with the aim of restoring investor confidence
The head of the real-estate developer gave a boost to his shareholding in ADI’s capital by converting partners’ current accounts.
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▪ Alami Lazraq increases his stake in Alliances Développement immobilier’s share capital (€28 million) with the aim of restoring investor confidence
▪ The head of the real-estate developer gave a boost to his shareholding in ADI’s capital by converting partners’ current accounts.
▪ https://www.africabusinessplus.com/en/803047/alami-lazraq-increases-his-stake-in-alliances-developpement-immobiliers-share-capital-e28-million-with-the-aim-of-restoring-investor-confidence/
Mohamed Alami Nafakh Lazraq, founder and CEO of real-estate developer Alliances Développement immobilier (ADI), recently increased his interest in the group. He now has a 51.68% stake in the share capital, up from 44.08%, thanks to a capital increase reserved for the businessman following the extraordinary shareholders’ meeting of 17 June 2019.
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