Press releases, Reports & Disclosures for Emirates Refreshments Company
On October 4, 2024, Emirates Reem Investments Company P.J.S.C announced an acquisition transaction involving the purchase of a 55% stake in Worldwide General Trading - Sole Proprietorship L.L.C and Pallets General Trading - Sole Proprietorship L.L.C. The transaction is valued at AED 15.4 million, representing 4.81% of the company's capital. The acquisition aims to achieve diversification, forward and horizontal integration, and synergy cost benefits, without affecting shareholders' rights.
The document is a review report and condensed consolidated financial information for Emirates Reem Investments P.J.S.C. for the six-month period ending on June 30, 2024.
The document is a review report and condensed consolidated financial information for Emirates Reem Investments Company P.J.S.C. It covers the company's financial performance over a three-month period ending on 31st March 2024.
The General Assembly Meeting of Emirates Reem Investments Company P.J.S.C was held on 18th April 2024, both physically and via e-voting. The meeting reviewed and approved the Director's report on the company's activities and financial position for the fiscal year ended 31/12/2023. The company's auditor's report was also reviewed and approved. The financial statements, including the profit and loss statements for the year ended 31/12/2023, were discussed and approved. The Board of Director's recommendation of not distributing dividends for the financial year ended 31 December 2023 was also considered and approved.
The document contains the reports and consolidated financial statements of Emirates Reem Investments Company P.J.S.C., formerly known as Emirates Refreshments (P.S.C.), for the fiscal year ending on 31 December 2023.