{"id":598516,"date":"2019-05-27T03:26:06","date_gmt":"2019-05-27T03:26:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/27\/maridive-commissions-grant-thorton-to-prepare-a-fv-report\/"},"modified":"2019-05-27T03:26:06","modified_gmt":"2019-05-27T03:26:06","slug":"maridive-commissions-grant-thorton-to-prepare-a-fv-report","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/27\/maridive-commissions-grant-thorton-to-prepare-a-fv-report\/","title":{"rendered":"Maridive commissions Grant Thorton to prepare a FV report"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> Maridive & Oil Services has named Grant Thorton as independent financial advisor to prepare a fair value report for the company\u2019s share price ahead of a potential USD 37 mn capital increase, <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%D8%A8%D9%8A%D8%A7%D9%86%20%D8%A8%D9%82%D8%B1%D8%A7%D8%B1%20%D9%85%D8%AC%D9%84%D8%B3%20%D8%A7%D9%84%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9%20%D8%A7%D9%84%D9%85%D9%86%D8%B9%D9%82%D8%AF%20%D9%81%D9%89%2023-5-2019.pdf\">the company said in a bourse filing (pdf)<\/a>. UAE-based investor Najjad Zeenni <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/09\/valentine-ceo-intends-to-acquire-usd-37-mn-stake-in-maridive\/\">had announced earlier this month<\/a> his intention to acquire a stake in Maridive worth as much as USD 37 mn. The move would see Zeenni, who currently owns a 25% stake in Valentine, agree to an effective share swap with Maridive, subscribing to the USD 37 mn capital increase at a price of USD 0.61 per share.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maridive &#038; Oil Services has named Grant Thorton as independent financial advisor to prepare a fair value report for the company\u2019s share price ahead of a potential USD 37 mn capital increase, the company said in a bourse filing (pdf). UAE-based investor Najjad Zeenni had announced earlier this month his intention to acquire a stake [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[2372,72,2560,10837],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598516","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","tag-grant-thornton","tag-maridive-oil-services","wpautop","entry"],"acf":{"mongo_id":"68b9eb62-1553-45a6-9c71-8476791ad696","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[598491],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Maridive commissions Grant Thorton to prepare a FV report - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/27\/maridive-commissions-grant-thorton-to-prepare-a-fv-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maridive commissions Grant Thorton to prepare a FV report\" \/>\n<meta property=\"og:description\" content=\"Maridive &amp; Oil Services has named Grant Thorton as independent financial advisor to prepare a fair value report for the company\u2019s share price ahead of a potential USD 37 mn capital increase, the company said in a bourse filing (pdf). UAE-based investor Najjad Zeenni had announced earlier this month his intention to acquire a stake [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/27\/maridive-commissions-grant-thorton-to-prepare-a-fv-report\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-27T03:26:06+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/27\/maridive-commissions-grant-thorton-to-prepare-a-fv-report\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/27\/maridive-commissions-grant-thorton-to-prepare-a-fv-report\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Maridive commissions Grant Thorton to prepare a FV report\",\"datePublished\":\"2019-05-27T03:26:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/27\/maridive-commissions-grant-thorton-to-prepare-a-fv-report\/\"},\"wordCount\":105,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\",\"Grant Thornton\",\"Maridive &amp; 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Zeenni, who is chairman, CEO and\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/7\/1767.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597951,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/09\/valentine-ceo-intends-to-acquire-usd-37-mn-stake-in-maridive\/","url_meta":{"origin":598516,"position":1},"title":"Valentine CEO intends to acquire USD 37 mn stake in Maridive","author":"enterpriseam admin","date":"9 May 2019","format":false,"excerpt":"UAE-based investor intends to acquire USD 37 mn stake in Maridive: Najjad Zeenni, the UAE-based investor, has announced his intention to acquire a stake in Maridive & Oil Services worth USD 37 mn, according to a company press release (pdf). Zeenni is also chairman of, and a minority shareholder in,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637473,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/maridive-oil-services-signs-usd-20-mn-agreement-to-provide-services-at-zohr\/","url_meta":{"origin":598516,"position":2},"title":"Maridive &#038; Oil Services signs USD 20 mn agreement to provide services at Zohr","author":"enterpriseam admin","date":"16 November 2017","format":false,"excerpt":"Maridive & Oil Services signed a USD 20 mn agreement with an unnamed Egyptian company to lease three maritime units to provide maritime and oil services at the Zohr gas field, Al Mal reports. No further details were provided.","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624426,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/09\/maridive-reports-jump-in-bottom-line-to-usd-17-09-mn-in-1h2018\/","url_meta":{"origin":598516,"position":3},"title":"Maridive reports jump in bottom line to USD 17.09 mn in 1H2018","author":"enterpriseam admin","date":"9 September 2018","format":false,"excerpt":"EARNINGS WATCH- Oil services outfit Maridive Group reported a net profit of USD 17.09 mn in 1H2018, up from USD 11.02 mn in 1H2017, according to a filing to the EGX.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602115,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/19\/maridive-oil-services-turned-in-net-profit-of-usd-14-mn-in-fy2018\/","url_meta":{"origin":598516,"position":4},"title":"Maridive Oil Services turned in net profit of USD 14 mn in FY2018","author":"enterpriseam admin","date":"19 March 2019","format":false,"excerpt":"Maridive Oil Services turned in a net profit of USD 14 mn (-40% year-on-year) in FY2018 on revenues of USD 208 mn (-13%) in a year in which \u201cE&P spending bottomed out and daily charter rates in our industry hit historic lows,\u201d the company said in a regulatory filing (pdf).\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635048,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/maridive-wins-vessel-lease-contracts-in-ksa-tunisia-worth-a-combined-usd-14-mn\/","url_meta":{"origin":598516,"position":5},"title":"Maridive wins vessel lease contracts in KSA, Tunisia worth a combined USD 14 mn","author":"enterpriseam admin","date":"31 January 2018","format":false,"excerpt":"Maridive and Oil Services has landed two contracts, one each in Saudi Arabia and Tunisia, worth a combined USD 14 mn, Al Mal reports. The contract signed a contract with a Saudi client to rent one vessel for seven years beginning in February, and another contract with a Tunisian client\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/598516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=598516"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/598516\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/598491"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=598516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=598516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=598516"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=598516"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=598516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}