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Back to Local News listAldar sold Yas Island assets
Wednesday 10 Mar, 2010
Aldar Properties sold some of its assets on Yas Island to the Abu Dhabi government at the end of last year for dhs9.14 billion, it told the bourse regulator yesterday.
“Certain infrastructure and other property assets on Yas Island were sold to the Abu Dhabi government,” it said, adding that they were sold at book value so no profit was recorded in the firm’s financial statement.
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