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Maridive hires Grant Thornton as financial advisor for fair value study

Maridive hires Grant Thornton as financial advisor for fair value study

ArabFinance: Maridive & Oil Services Co. “Maridive” or the Group’s (MOIL) board decided on May 23 to hire Grant Thornton as an independent financial advisor to set the company’s fair value study, as per a Sunday bourse filing.

Based on the study, the company will call its extra-ordinary general meeting (EGM) to convene to take an action regarding the offer presented by the UAE investor, Mr. Najjad Zeeni, to increase the company’s capital by $37 million.

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