Manazel PJSC

Ticker/ISIN
MANAZEL
AEM000601017
Market/Country
Abu Dhabi Stock Exchange
United Arab Emirates
Latest Stock Price
0.31 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 %

Manazel Real Estate (MRE) is one of the UAE’s leading developers of quality homes for the country’s middle income segment of the population. Through strategic investments spanning residential and commercial developments, Manazel has succeeded in striking a balance between creating thriving, sustainable communities while providing the highest returns for shareholders and investors.

Latest Pressrelease Summaries

Manazel PJSC
Resolution No. (419) of 2024 concerns the temporary suspension of trading on the shares of Manazel PJSC. This decision, subject to article No. (16) of the regulations concerning the listing of securities on ADX, has been made due to the company's AGM being held at the same time as the trading session at ADX. Therefore, trading in Manazel shares will be suspended from 10:00 on 30-May-2024 until ADX receives the AGM results. The resolution instructs all department heads at ADX to execute this resolution in their respective fields and circulate it to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 23/05/2024.
Manazel PJSC
Resolution No. 417 of 2024 concerns the temporary suspension of trading on the shares of Manazel PJSC. The decision is based on Article No. 16 of the Regulations Concerning the Listing of Securities on ADX. As Manazel PJSC's AGM is scheduled for 10:00 on 23-May-2024, which coincides with the trading session at ADX, trading in Manazel shares will be suspended from 10:00 on 23-May-2024 until ADX receives the AGM results. All department heads at ADX are required to enforce this resolution in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution has been approved by the authorized person and was issued on 20/05/2024.
Manazel PJSC
Manazel PJSC, a UAE-based real estate development company, has appointed investment bank Houlihan Lokey as its financial advisor for a capital optimization plan. The plan includes strategies such as capital raise, corporate reorganization, and sale of non-core assets. Houlihan Lokey will assist Manazel's leadership team to optimize the company's capital structure and identify new investment opportunities. This move is part of Manazel's efforts to strengthen its financial position and promote sustainable growth.
Manazel PJSC
Resolution No. 375 of 2024 concerns the temporary suspension of trading on the shares of Manazel PJSC. The decision is made in accordance with Article No. 16 of the Regulations concerning the Listing of Securities on ADX. The suspension is due to Manazel PJSC's AGM being held at 10:00 on the 23-May-2024, which coincides with the trading session at ADX. Therefore, trading in Manazel shares will be suspended from 09:00 on 23-May-2024 until ADX receives the AGM results. All heads of departments in ADX are required to execute this resolution in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 25/04/2024.
Manazel PJSC
The company "Manazil" announces updates after the opening of the first Chinese market in Abu Dhabi, located in Mohammed bin Zayed City in Capital Mall (Chinese Market Capital Mall). The leading developer in Abu Dhabi provides updates on the commercial project in the development of the commercial and shopping market in Abu Dhabi, the capital of the United Arab Emirates. The Chinese Market - Capital Mall, which opened in 2023, is 95% complete and is expected to increase by 250% with the completion of the project. The mall includes various facilities and services to meet the demand of the public.
Manazel PJSC
The company "Manazel" has launched updates on the progress of construction work in Merzab residential complex project, located in Al Samha city. The leading developer in Abu Dhabi provides details about the construction progress in the Merzab project. The development of the Merzab complex project has begun steadily, with the contractor starting infrastructure work and completing 30% of these works. The Merzab project is one of the latest projects of Manazel Company, located in the eastern region of Al Samha, near the Reef 2 project, on a prime location on the Abu Dhabi-Dubai road and near Khalifa Industrial City (KIZAD). The total building area is 83,138 square meters on a land plot of 106,318 square meters. The project consists of 19 multi-use buildings of three floors (G+3) with a mosque. The project will include 739 residential units, including studios, one-bedroom, two-bedroom, and three-bedroom apartments, in addition to commercial shops and retail spaces located on the ground floor of the buildings with different areas, ensuring residents' needs are met.
Manazel PJSC
The text contains the Board of Directors' report and consolidated financial statements of Manazel PJSC as of December 31, 2023.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Manazel PJSC

Disclosures: AGM of Manazel PJSC approves capital increase from AED 2.6 billion to AED 3.12 billion

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Manazel PJSC

ADX Disclosures: MANAZEL Resumption Notice

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Manazel PJSC

Disclosures: Manazel PJSC AGM Results held on 30/05/2024 at 10:00

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Manazel PJSC

ADX Disclosures: Temporary suspension of trading on the shares of Manazel PJSC on 30 May 2024

Resolution No. (419) of 2024 concerns the temporary suspension of trading on the shares of Manazel PJSC. This decision, subject to article No. (16) of the regulations concerning the listing of securities on ADX, has been made due to the company's AGM being held at the same time as the trading session at ADX. Therefore, trading in Manazel shares will be suspended from 10:00 on 30-May-2024 until ADX receives the AGM results. The resolution instructs all department heads at ADX to execute this resolution in their respective fields and circulate it to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 23/05/2024.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Manazel PJSC

ADX Disclosures: MANAZEL Resumption Notice

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Manazel PJSC

Disclosures: Manazel PJSC Postponement of AGM to be held on 30/05/2024 at 10:00

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Manazel PJSC

ADX Disclosures: Temporary suspension of trading on the shares of Manazel PJSC on 23 May 2024

Resolution No. 417 of 2024 concerns the temporary suspension of trading on the shares of Manazel PJSC. The decision is based on Article No. 16 of the Regulations Concerning the Listing of Securities on ADX. As Manazel PJSC's AGM is scheduled for 10:00 on 23-May-2024, which coincides with the trading session at ADX, trading in Manazel shares will be suspended from 10:00 on 23-May-2024 until ADX receives the AGM results. All department heads at ADX are required to enforce this resolution in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution has been approved by the authorized person and was issued on 20/05/2024.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Manazel PJSC

Disclosures: Manazel PJSC

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Manazel PJSC

Disclosures: Manazel PJSC General Press Release

Manazel PJSC, a UAE-based real estate development company, has appointed investment bank Houlihan Lokey as its financial advisor for a capital optimization plan. The plan includes strategies such as capital raise, corporate reorganization, and sale of non-core assets. Houlihan Lokey will assist Manazel's leadership team to optimize the company's capital structure and identify new investment opportunities. This move is part of Manazel's efforts to strengthen its financial position and promote sustainable growth.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Manazel PJSC

ADX Disclosures: Temporary suspension of trading on the shares of Manazel PJSC on 23 May 2024

Resolution No. 375 of 2024 concerns the temporary suspension of trading on the shares of Manazel PJSC. The decision is made in accordance with Article No. 16 of the Regulations concerning the Listing of Securities on ADX. The suspension is due to Manazel PJSC's AGM being held at 10:00 on the 23-May-2024, which coincides with the trading session at ADX. Therefore, trading in Manazel shares will be suspended from 09:00 on 23-May-2024 until ADX receives the AGM results. All heads of departments in ADX are required to execute this resolution in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 25/04/2024.

1. Attached Document

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