Ex-Arabtec CEO Seeks to Raise New Firm's Capital to $987 Million

  • Masaken Plans to raise capital from 12.24 million Dinars
  • Extraordinary shareholders meeting is planned Nov. 7

Masaken Capital, in which Arabtec Holding PJSC’s ex-CEO holds a stake, is seeking to raise its capital to 700 million Jordanian dinars ($987 million) amid interest from funds and investors in Jordan and abroad.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.