BHM Capital Financial Services PSC

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority (SCA) in the UAE, has announced the end of the nomination period for its Board of Directors as of December 27, 2024. The company has submitted the list of nominees through the EFSAH System to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market. The nominees who have met the requirements for board membership are: Shaikh Dr. Ammar Nasser Ahmad Nasser Almualla, Dr. Abdulrahman Mahmoud Abdulrahman Mohammed Al Afeefi, and Mr. Abdulrahman Marwan Ahmad Majid Al Ghurair. All nominees are independent, non-executive members from the UAE.

BHM Capital Financial Services P.S.C has announced the opening of nominations for its Board of Directors. Shareholders can submit their nominations from 8:00 AM on Friday, December 13, 2024, until 4:30 PM on Friday, December 27, 2024. Eligible individuals may apply by submitting their applications to the company's management at its head office on the 49th floor of Vision Tower in Dubai.

The Board of Directors of BHM Capital Financial Services P.S.C invites the company's shareholders to attend the General Assembly Meeting. The meeting will be held remotely on Tuesday, December 31, 2024, at 11:00 AM. If the quorum is not met, the meeting will be rescheduled for January 7, 2025, at the same time. The agenda for the meeting will be reviewed and discussed.

BHM Capital has achieved the largest share of new investor accounts on the Dubai Financial Market, adding nearly 37,000 accounts as of November 30, 2024. This accomplishment reflects strong investor interest in new market listings. BHM Capital also ranked second among brokerage firms by trading volume, holding a 12.78% market share with a trading value of AED 23.6 billion. CEO Abdel Hadi Al Sa’di highlighted the company's success in providing advanced trading services and technologies, which has enhanced market appeal and attracted diverse investors. The company aims to build on this success in the coming year.

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.