Capital Management House Pays Dividends To GCC Investors For Aircraft Leasing Investment Fund
Capital Management House stated that it has performed the second distribution of dividends to GCC investors of its aircraft leasing investment fund for the period ending 30 June 2011.
The dividends are paid on a quarterly basis and have been calculated at 10% per annum. They a number of high net worth individuals, family offices and institutions from across the region.
The fund has been coordinated around a transaction concluded with Emirates Airlines, one of the world's leading carriers, which was announced in January 2011 and consists of the acquisition of a Boeing 777-200ER aircraft from the airline and an agreement whereby it has been rented back to Emirates.