Alpha Dhabi Holding PJSC

Ticker/ISIN
ALPHADHABI
AEA007601015
Market/Country
Abu Dhabi Stock Exchange
United Arab Emirates
Latest Stock Price
16.58 AED
2024-02-21

Year to date

-0.12 %

3 months

0.00 %

6 months

0.00 %

1 year

0.00 %

3 years

0.00 %

5 years

0.00 %

Company was incorporated in 2013 and specialized in: - Commercial Enterprises Investment, Institution and Management - Agricultural Enterprises Investment, Institution and Management - Industrial Enterprises Investment, Institution and Management

Latest Pressrelease Summaries

Alpha Dhabi Holding PJSC
Ener sol has signed an agreement to acquire a 51% equity stake in NTS AMEGA for $581 million. NTS AMEGA is a global manufacturer of advanced precision equipment for the energy sector. This acquisition will enable ADNOC Drilling to benefit from Enersol’s AI, digitization, and advanced technology. This is Enersol’s second acquisition, emphasizing its focus on technology-centric investments. The transaction, which is subject to regulatory approvals and closing adjustments, will make Enersol the majority equity holder. NTS AMEGA provides advanced manufacturing and repair solutions for the oil and gas industry, with operations in several countries. NTS reported strong financials in FY2023, with over $120 million in revenue and a robust EBITDA margin, presenting significant value for Enersol’s shareholders.
Alpha Dhabi Holding PJSC
ADNOC Drilling and Alpha Dhabi's joint venture, Enersol, has increased its equity stake in Gordon Technologies to 67.2% by acquiring an additional 42.2% stake for approximately $270 million. This acquisition, which makes Enersol the majority equity holder, will be funded 80% upon closing, with the remaining amount to be paid over the next two years subject to performance conditions. The transaction is pending regulatory approvals and closing adjustments. Gordon Technologies, a debt-free provider of measurement while drilling (MWD) technology, has established operations in Abu Dhabi to commence field operations in the MENA region by Q2 2024. The acquisition is expected to be economically beneficial to Enersol, enhancing profitability, cash flow, and dividend potential. Enersol aims to invest in multiple businesses to support the UAE’s energy security, net zero agenda, and economic diversification efforts. The company will leverage AI, digitization, and advanced technologies to bring accretive returns to shareholders.
Alpha Dhabi Holding PJSC
On 16 May 2024, Alpha Dhabi Holding PJSC notified the Abu Dhabi Securities Exchange that it has received approval from the Securities and Commodities Authority to hold its Annual General Assembly on 10 June 2024 at 3:30 pm local time. The invitation will be published in two daily newspapers in accordance with commercial companies law. The invitation and agenda for the meeting, along with guidance notes regarding attendance and proxies, were attached to the notification.
Alpha Dhabi Holding PJSC
The Management Discussion & Analysis report for the period ending on 31 March 2024 was released by Alpha Dhabi Holding PJSC on 03 May 2024. The document, intended for investor relations, is identified by the DocuSign Envelope ID: 0093C2B7-EDB9-4C67-BC37-EA567211B17F.
Alpha Dhabi Holding PJSC
The text is a review report and interim condensed consolidated financial statement of ALPHA DHA BI HOLDING PJSC for the three-month period ending on 31 March 2024. The information is unaudited.
Alpha Dhabi Holding PJSC
Alpha Dhabi Holding (ADH) will sell a 49% stake in its subsidiary, Alpha Dhabi Construction Holding (ADCH), to ADQ, an Abu Dhabi-based investment firm. ADH will retain a 51% shareholding in ADCH, with the partnership aiming to strengthen ADCH's position in the industry and support the development of Abu Dhabi. ADCH has a history of contributing to significant projects in the UAE, including the Zayed National Museum and the Guggenheim Museum. The transaction is subject to customary closing conditions, including regulatory approvals.
Alpha Dhabi Holding PJSC
The Annual General Assembly of Alpha Dhabi Holding PJSC was held on March 20, 2024, at the IHC Headquarters in Abu Dhabi, with the option for remote attendance and electronic voting. The meeting saw a 75.32% attendance of shareholders, representing 7,532,191,029 shares. The agenda included discussing various topics and making related decisions. The Chairman of the Board, Mohamed Thani Murshid Ghannam Al Rumaithi, and Managing Director, Hamad Salem Mohamed Saeed Al Ameri, were present.
Alpha Dhabi Holding PJSC
The National Corporation for Tourism & Hotels (NCTH) has expanded its hotel portfolio through the acquisition of Alpha Dhabi Holding's hotel businesses, including ADH Hospitality, Murban (BVI) Holding Inc., and Hill View Resorts. The transaction adds luxury resorts in Abu Dhabi, the Maldives, and the Seychelles to NCTH's portfolio, strengthening its position in the luxury hotels and hospitality markets. Alpha Dhabi, which holds a 36.4% share in NCTH, has also bolstered its position in the sector. The deal is subject to regulatory approvals.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC General Press Release

Ener sol has signed an agreement to acquire a 51% equity stake in NTS AMEGA for $581 million. NTS AMEGA is a global manufacturer of advanced precision equipment for the energy sector. This acquisition will enable ADNOC Drilling to benefit from Enersol’s AI, digitization, and advanced technology. This is Enersol’s second acquisition, emphasizing its focus on technology-centric investments. The transaction, which is subject to regulatory approvals and closing adjustments, will make Enersol the majority equity holder. NTS AMEGA provides advanced manufacturing and repair solutions for the oil and gas industry, with operations in several countries. NTS reported strong financials in FY2023, with over $120 million in revenue and a robust EBITDA margin, presenting significant value for Enersol’s shareholders.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC General Press Release

ADNOC Drilling and Alpha Dhabi's joint venture, Enersol, has increased its equity stake in Gordon Technologies to 67.2% by acquiring an additional 42.2% stake for approximately $270 million. This acquisition, which makes Enersol the majority equity holder, will be funded 80% upon closing, with the remaining amount to be paid over the next two years subject to performance conditions. The transaction is pending regulatory approvals and closing adjustments. Gordon Technologies, a debt-free provider of measurement while drilling (MWD) technology, has established operations in Abu Dhabi to commence field operations in the MENA region by Q2 2024. The acquisition is expected to be economically beneficial to Enersol, enhancing profitability, cash flow, and dividend potential. Enersol aims to invest in multiple businesses to support the UAE’s energy security, net zero agenda, and economic diversification efforts. The company will leverage AI, digitization, and advanced technologies to bring accretive returns to shareholders.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC AGM Results held on 10/06/2024 at 16:00

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC announcement regarding termination of acquisition discussions of Metito Holding transaction

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC Invitation to Attend AGM held on 10/06/2024 at 15:30

On 16 May 2024, Alpha Dhabi Holding PJSC notified the Abu Dhabi Securities Exchange that it has received approval from the Securities and Commodities Authority to hold its Annual General Assembly on 10 June 2024 at 3:30 pm local time. The invitation will be published in two daily newspapers in accordance with commercial companies law. The invitation and agenda for the meeting, along with guidance notes regarding attendance and proxies, were attached to the notification.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC Press Release on the Financial Results for the Period Ended March 31,2024

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC Management Discussion and Analysis Report for the Period Ended March 31,2024

The Management Discussion & Analysis report for the period ending on 31 March 2024 was released by Alpha Dhabi Holding PJSC on 03 May 2024. The document, intended for investor relations, is identified by the DocuSign Envelope ID: 0093C2B7-EDB9-4C67-BC37-EA567211B17F.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC Financial Results Summary for the Period Ended March 31,2024

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC Board Meeting Results held on 03/05/2024 at 18:00

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC Financial Results for the Period Ended March 31,2024

The text is a review report and interim condensed consolidated financial statement of ALPHA DHA BI HOLDING PJSC for the three-month period ending on 31 March 2024. The information is unaudited.

1. Attached Document

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