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Al Meera selects Masraf Al Rayan for rights issue

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Qatar: Qatari retailer Al Meera Consumer Goods has completed all mandatory steps ahead of doubling its capital through the issuance of 10 million ordinary shares for subscription by its existing shareholders, Gulf Times has reported. To be managed by Masraf Al Rayan, the process will begin on January 27 and continue until February 10, 2013, the group said. [AMEInfo.com]

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