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Abu Dhabi – Mubasher: Limestone company has sold its entire stake of 6.41% in Ras Al Khaimah Ceramics (RAK Ceramics) to Al Rajhi Partners.
Al Rajhi Partners' shareholding in RAK Ceramics reached 8.32% of the entire share capital, according to a recent bourse filing.
It is noteworthy to mention that in late May, Samena Limestone Company sold its entire stake, representing 17.55% of the entire share capital in RAK Ceramics to Falcone Investments.
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