and FIL Investments International (FII), investment managers for various
PROXY VOTING: 10 Name of the proxy holder: FIL Limited 11 Number of voting rights proxy holder will cease to hold: 55,500 12 Date on which proxy holder will cease to hold voting rights: 16 November 2010 13 Additional Information None 14 Contact Name: Angela Purtill, Deputy Company Secretary, Johnson Matthey plc Contact Telephone Number:020 7269 8461
Fitch believes that FIL
has the requisite management and staff experience, technology and controls necessary to manage its projected growth.
Earlier, the UAE Central Bank told Gulf News that smaller denomination coins, such as 1 fils, 5 fils and 10 fils are readily available and are still in circulation.
When asked to break the Dh10 into small change, one teller offered 25 fils, 50 fils and Dh1 coins.
There are no 5 fils or 10 fils coins any more," the teller said.
At a chic fashion store in one of Dubai's leading malls, the two female cashiers at the till burst out laughing when I tepidly asked for my 15 fils back.
An approximation based on reader feedback puts the average money lost in transactions due to shortage of 1, 5 and 10 fils coins at Dh10 per month per household.
Residents say that since almost every business in the country charges customers to the actual fils despite the fact that 5 fils and 10 fils are not in wide circulation, it amounts to hidden costs to the shopper.