Dubai International Capital, an investor acting on behalf of the United Arab Emirates, has purchased an estimated $500 million worth of Sony shares, or around one per cent of the company,
reports.
"The combination of Sony’s truly global brand, its leadership position in product design and its global footprint will spur the business’ medium term growth,” DIC CEO Sameer al-Ansari stated.
The news has seen Sony’s share price climb by 4.6 per cent.
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![pubg 1 [Industry news] PUBG MOBILE launches the PDP European Fashion Design Contest, inviting players to have an opportunity to design the game's next outfit](https://mcvuk.com/wp-content/uploads/pubg-1-310x165.jpg)
PUBG MOBILE has announced the launch of the PDP European Fashion Design Contest, a creative competition organised as part of its PDP co-creation programme. Participants are invited to design an original outfit inspired by European urban fashion, with the opportunity to see their creation brought to life in the game. This PDP contest is being held to celebrate the global launch of PUBG MOBILE FLASH, the official lightweight version of PUBG MOBILE, today - November 13. All the info can be found on the official website.
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