| 2007 |
| |
April: |
• |
Rights Issue was completed and fully subscribed |
• |
MEDS signed construction management agreements
with M E Development LLC for five of its property
development projects in Dubai and one in Bahrain.
The company is seeking shareholders’ approval for
these agreements on 26 October 2007. |
|
|
January: |
• |
M E Development LLC completed the acquisition of
a strategic stake in Hitchins Group Ltd |
• |
Hitchins Group Ltd changed its name to
Middle East Development Singapore Ltd (MEDS) |
• |
Change in composition of Board of Directors |
• |
Share Placement was completed |
|
|
| |
2006 |
|
|
December: |
• |
Hitchins secured the “Green Label” award for another one of its waterproofing
products, Sealfl ex, for meeting internationally accepted eco-standards |
|
|
September: |
• |
M E Development LLC signed agreement to take a strategic stake in Hitchins
Group Ltd |