Dubai Investments PJSC, a prominent multi-asset investment group based in the United Arab Emirates, has recently issued a clarifying disclosure regarding the proxy process for shareholders attending its General Assembly. This move underscores the company's commitment to transparency and adherence to corporate governance standards.

The disclosure highlights the rights of shareholders to delegate a representative to attend the General Assembly on their behalf. This representative, however, cannot be a member of the Board, an employee of the company, or associated with a securities brokerage company. The delegation must be explicit, stating the agent's right to attend and vote on behalf of the shareholder. Additionally, a single representative cannot hold more than 5% of the company's issued capital through delegation.

To ensure the authenticity of the delegation, the shareholder's signature on the power of attorney must be verified by recognized entities such as a Notary Public, the Chamber of Commerce or Economic Department in the UAE, licensed banks or companies, financial markets, or any other licensed notarial entity. This measure ensures that the proxy process remains robust and trustworthy.

The proxy form must also include the shareholder's name and contact details, along with the brokerage firm or authority that approved the proxy. This structured approach ensures that all parties involved are clearly identified, maintaining the integrity of the voting process.

Dubai Investments PJSC's proactive approach in clarifying these procedures not only aligns with best practices in corporate governance but also enhances shareholder confidence. By ensuring that the proxy process is transparent and compliant with regulatory standards, the company reinforces its reputation as a reliable and investor-friendly entity.

Looking ahead, Dubai Investments PJSC's commitment to governance and transparency positions it well for continued growth and success. The company's diversified portfolio across sectors such as real estate, construction, financial services, healthcare, and education provides a solid foundation for sustainable returns. Investors seeking stability and growth potential may find Dubai Investments PJSC an attractive option.

In conclusion, given the company's strong governance practices and diversified growth strategy, it is advisable for investors to hold their positions in Dubai Investments PJSC. The company's efforts to maintain transparency and compliance bode well for its future prospects, making it a potentially rewarding investment in the long term.