Enjaz for Development & Multi Projects Company P.L.C. (ASE:LIPO) acquired an additional 25% stake in Abraj Al Arab Contracting Ltd for JOD 11.6 million in cash on February 3, 2014. Enjaz for Development acquired 1.9 million shares of Abraj Al Arab, increasing its holding to 48.75%.

Enjaz for Development & Multi Projects Company P.L.C. (ASE:LIPO) completed the acquisition of an additional 25% stake in Abraj Al Arab Contracting Ltd on February 3, 2014.