By  on September 1, 2014

DUBAI (Bloomberg) — Shares in Emaar Properties PJSC climbed for a second day on the Dubai-based developer’s plans to sell at least 15 percent of its mall unit in September and distribute 5.3 billion dirhams ($1.44 billion) of the proceeds as a dividend.

Shares advanced as much as 5.4 percent to 11.75 dirhams, the highest since February 2008, bringing the two-day gain to 15 percent.

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