SHUAA Capital Clarifies Non-Involvement in Eshraq Deal
SHUAA Capital clarifies its non-involvement in a recent acquisition deal by Eshraq Investments.
Summary
SHUAA Capital has clarified that it is not a party to Eshraq Investments' recent acquisition deal involving Shine SPV Holding 1 Limited.
In a recent announcement, SHUAA Capital, a prominent asset management and investment banking platform based in Dubai, United Arab Emirates, clarified its position regarding a transaction involving Eshraq Investments PJSC. On October 3, 2025, Eshraq announced the signing of a conditional agreement with TIL Partners SPV to acquire the entire share capital of Shine SPV Holding 1 Limited. SHUAA Capital has stated that it is not a party to this transaction.
The acquisition involves Shine Holding, an Abu Dhabi Global Market (ADGM)-based company owned by an investment fund managed by SHUAA GMC Limited, which is a wholly-owned subsidiary of SHUAA Capital. Despite SHUAA's management of the investment fund, the company emphasized that it is not directly involved in the acquisition process.
The transaction is subject to various conditions, including regulatory approvals and third-party consents. SHUAA Capital has assured stakeholders that it will continue to comply with all applicable disclosure requirements and provide further updates on any material developments.
This clarification is crucial for investors and stakeholders who may have been concerned about SHUAA's involvement in the deal. By distancing itself from the transaction, SHUAA Capital aims to maintain transparency and uphold its reputation as a regulated financial investment company under the U.A.E. Securities and Commodities Authority.
Given the current scenario, investors may consider holding their position in SHUAA Capital. The company's decision to clarify its non-involvement reflects its commitment to transparency and regulatory compliance, which are positive indicators for its future stability and growth.
Source
Summary
SHUAA Capital p.s.c., a financial investment company based in Dubai and regulated by the U.A.E. Securities and Commodities Authority, issued a clarification regarding a recent announcement by Eshraq Investments PJSC. Eshraq announced a conditional agreement to acquire Shine SPV Holding 1 Limited, owned by an investment fund managed by SHUAA GMC Limited, a subsidiary of SHUAA. SHUAA clarified that it is not a party to this transaction. The acquisition is subject to regulatory approvals and third-party consents. SHUAA committed to complying with disclosure requirements and will provide updates on significant developments.
