Qataris hold 5.94% of SBM

Des Qataris à 5,94 % dans le capital de la SBM [1]

Qatari company QD Hotel and Property Investment Ltd holds 5.94% shares in Monaco's Societe des Bains de Mer.

According to Nice Matin, the information was published in a document of the French Autorite des Marches Financiers (AMF) [2] in which the company reports that on 14th Oct it owned 1,078,390 shares taking its holdings to above 5%.

QD Hotel and Property Investment Ltd is registered in Malta, controlled by Qatari Diar Real Estate Investment Company, and is fully owned by the Qatari Government. The company holds 80% of a joint venture company in Monaco [3], and has previously attempted to buy a significant portion of SBM [4].