BHM Capital Financial Services PSC

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the SCA, submitted a letter to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, through the EFSAH System on November 22, 2024. The letter outlines resolutions approved by the company's Board of Directors by circulation on the same date. The resolutions include: 1) Board members decided to resign due to a change in company ownership and upcoming phase requirements, effective after the next General Assembly meeting and the election of a new Board. 2) The nomination process for new Board members will be opened. 3) A recommendation for the General Assembly to appoint a new auditor and set their fees. 4) An invitation to convene the General Assembly to approve these matters. The letter is signed by Abdel Hadi Al Sadi, CEO of BHM Capital.

BHM Capital has been appointed as the liquidity provider for Lulu Retail Holding's shares, which are listed on the Abu Dhabi Securities Exchange. This appointment aims to enhance the efficiency and attractiveness of the UAE's capital markets. Lulu Retail Holding recently increased its initial public offering to 30% of its shares, with the IPO being oversubscribed more than 25 times, reflecting strong investor confidence. Abdel Hadi Al Sa’di, CEO of BHM Capital, highlighted the growing demand for liquidity services in the UAE's local capital markets, which help maintain stock liquidity and provide value to investors. BHM Capital is committed to supporting the stability and growth of the UAE financial sector, benefiting companies, investors, and the community. The company aims to boost market efficiency and investor confidence by providing liquidity services to companies listed on UAE exchanges. BHM Capital is a leading financial institution in the UAE, known for its pioneering role in financial technology.

BHM Capital, a leading financial institution in the UAE capital markets, reported a 6% increase in net profits for the first nine months of 2024, totaling AED 24.81 million compared to AED 23.47 million in the same period of 2023. The company's total assets grew by 17.4% to AED 1.4 billion, and total income increased by 22.57% to AED 117.9 million. The number of new client accounts rose by 334.52%, reaching 22,295. CEO Abdel Hadi Al Sa’di attributed these results to the UAE's supportive investment environment and the company's strategy of revenue diversification and investment in innovative solutions. Despite global challenges, BHM Capital's strategy has been successful. The company was also recognized as the "Best Equity Broker in Dubai" at the 2024 Annual Conference of the Arab Federation of Capital Markets.

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the SCA, held a board of directors meeting on Friday, November 1, 2024, from 9:00 AM to 11:00 PM in Dubai, UAE. All five board members were present, achieving a 100% quorum. The meeting involved reviewing and approving the Q3 financial statements for 2024 and discussing regular operational matters and other business updates. The summary of the meeting was provided by Ma’an Albostami, the Board Secretary.

BHM Capital Financial Services has been appointed as the liquidity provider for ADNH Catering shares on the Abu Dhabi Securities Exchange (ADX). This partnership aims to improve liquidity, enhance price stability, and facilitate efficient transactions for investors. BHM Capital will enter two-way daily quotes into the market's trading systems, complying with ADX and UAE Securities and Commodities Authority regulations. CEO Abdel Hadi Al Sa’di expressed pride in this role, emphasizing the company's commitment to market efficiency and investor confidence. BHM Capital is a leading financial institution in the UAE, offering services to individual and corporate investors.

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority (SCA) with registration number 604097, is holding a Board of Directors meeting on Friday, November 1, 2024, at 9:00 AM. The agenda includes reviewing and approving the Q3 financial statements for 2024 and discussing regular operational matters and other business updates. The meeting details were communicated by Ma’an Albostami, the Board Secretary.

BHM Capital has clarified that it is not directly involved in the capital increase process of Premium Healthcare Group, contrary to a report in the Egyptian newspaper "Al-Mal." While Premium Healthcare Group has shown interest in potentially using BHM Capital's consulting services, no agreements or contracts have been made. Official statements from BHM Capital will be released through its official channels when appropriate. BHM Capital is a prominent financial services company listed on the Dubai Financial Market and Abu Dhabi Securities Exchange, known for its leadership in financial technology.

BHM Capital, a prominent financial services firm from the UAE, showcased its expertise in enhancing the competitiveness of financial markets at the "Portfolio Egypt 2024" conference in Cairo. The event, organized by Al Mal GTM in partnership with various financial authorities, focused on the theme "Arab Stock Markets: Competition or Integration?" and gathered key figures from the Arab financial sector. BHM Capital's leadership highlighted their knowledge in areas like market making, liquidity provision, and financial derivatives, which are soon to be introduced in the Egyptian market. Alaa Dwekat, Deputy CEO of BHM Capital, emphasized the potential for turning challenges into opportunities through cooperation and integration, while Ma’an Albostami, COO, discussed the importance of derivatives trading and market makers. The conference was inaugurated by Egypt's Minister of Finance and included notable participants such as the UN Special Envoy for the 2030 Finance Agenda and the CEO of the Abu Dhabi Stock Exchange.

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the SCA, has notified Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, that the Liquidity Provision Agreement for Agility Global PLC’s shares listed on the ADX will expire on September 30, 2024. Both parties have mutually agreed to terminate the agreement and not extend it for another term. The notification was submitted through the EFSAH System. The letter is signed by Abdel Hadi Al Sadi, CEO of BHM Capital.

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority (SCA) under registration number 604097, held a General Assembly Meeting on Monday, August 26, 2024, from 11:00 AM to 12:00 PM online. The meeting was chaired by Mr. Saeed Musallam Almazrouei and had an attendance quorum of 85.32% of the total capital. The attendance was distributed as follows: 5.87% personal attendance, 79.45% proxy attendance, and 85.32% attendance through electronic voting. The meeting resulted in the following resolutions: 1. Ordinary Resolution: Approval and ratification of the appointment of Mr. Hatem Salti as a member of the Board of Directors, as per the Board resolution dated April 18, 2024. 2. Special Resolution: Approval and ratification for the company to acquire Al Waqan Capital Investment LLC in exchange for issuing new shares to the partners.