The public takeover offer will be subject to a minimum acceptance threshold of 50% plus one share of Covestro's capital
Has evoked strong response at the Arabian Travel Market (ATM), the Middle East's premier travel and tourism exhibition, being held in Dubai from May 2-5, 2006 at the Dubai World Trade Centre.
Falconcity of Wonders has an extensive presence at the event, with the objective of attracting global players from the travel, tourism and the hospitality sector, while positioning Dubai as the top investment and tourist destination in the world.
Salem Almoosa, Chairman and CEO, Falconcity of Wonders LLC said, "Falconcity of Wonders is unique in terms of scale and concept. Our vision is to develop the project into a representation of ancient cultures, while providing a blend of the best modern amenities and services. Falconcity will be the epitome of luxurious living, with a comprehensive array of facilities that will offer residents an unmatched lifestyle."
"Falconcity of Wonders will significantly enhance the city's appeal as a tourist hub, and by showcasing our project at ATM, we are looking to meet investors and visitors who will be present at the exhibition," added Almoosa.
The public takeover offer will be subject to a minimum acceptance threshold of 50% plus one share of Covestro's capital
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