GMIZ Pvt Ltd transfers part of shares to Housing Development Corporation

Greater Male' Industrial Zone Pvt Ltd (GMIZ), on Monday, revealed that an undisclosed amount of its shares were transferred to the Housing Development Corporation (HDC).

At this time it remains unknown whether GMIZ Pvt Ltd will become a subsidiary company of HDC at the time, as the Ministry of Finance, nor other relevant institutions have divulged any information on the matter.