Latest Threads on News from companies
Threads on regulatory news from companies
Threads on regulatory news from companies
Amlak Finance PJSC is scheduled to hold a meeting on Wednesday, 13 November 2024, starting at 3:00 PM. The agenda includes discussions on normal business activities and updates. The authorized signatory for this meeting is Lama Takieddin, who holds the position of Head of Corporate Governance & Company Secretary.
Resolution No. (518) of 2024 involves the temporary suspension of trading for the shares of Al Ain Alahlia Insurance Co. on the Abu Dhabi Securities Exchange (ADX). This suspension will occur because the company's Board of Directors meeting is scheduled for 11:00 on November 14, 2024, which coincides with the trading session. Trading will be halted from this time until ADX receives the results of the meeting. The resolution mandates that all relevant ADX departments enforce this decision and that it be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was issued on November 8, 2024, and has been approved by the authorized person.
Resolution No. 517 of 2024 announces a temporary suspension of trading for Hayah Insurance Company P.J.S.C shares on the Abu Dhabi Securities Exchange (ADX). This suspension is due to a Board of Directors meeting scheduled for 11:00 on November 12, 2024, which coincides with the trading session. Trading will resume once ADX receives the meeting results. The resolution mandates all ADX department heads to implement this decision and requires it to be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was approved by an authorized person and issued on November 8, 2024.
Resolution No. 516 of 2024 concerns the temporary suspension of trading on the shares of Oman & Emirates Investment Holding Co. This decision is in accordance with Article 16 of the regulations regarding the listing of securities on the Abu Dhabi Securities Exchange (ADX). The suspension will occur because the company's Board of Directors meeting is scheduled for 12:00 on November 11, 2024, which coincides with the trading session. Trading will be suspended from 12:00 on November 11, 2024, until ADX receives the meeting results. All relevant ADX department heads are instructed to implement this resolution within their areas. The resolution will be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution has been approved by the authorized person and was issued on November 8, 2024.
Resolution No. 515 of 2024 announces the temporary suspension of trading for Gulf Pharmaceutical Industries (JULPHAR) shares on the Abu Dhabi Securities Exchange (ADX). The suspension will begin at 11:00 on November 14, 2024, coinciding with the company's Board of Directors meeting, and will remain in effect until ADX receives the meeting results. The resolution mandates that all ADX departments implement this decision within their respective areas. It also requires that the resolution be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution has been approved by the authorized person and was issued on November 8, 2024.
Resolution No. (514) of 2024 announces the temporary suspension of trading for RAPCO Investment PJSC shares on the Abu Dhabi Securities Exchange (ADX). This suspension will take place from 09:00 on November 13, 2024, to allow for a Board of Directors meeting, which coincides with the trading session. Trading will resume once ADX receives the meeting results. The resolution requires all ADX departments to implement the suspension and mandates its circulation to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was approved by the authorized person and issued on November 8, 2024.
Resolution No. 513 of 2024 announces the temporary suspension of trading for ESHRAQ INVESTMENTS P.J.S.C shares on the Abu Dhabi Securities Exchange (ADX). This suspension will begin at 11:30 on November 13, 2024, coinciding with the company's Board of Directors meeting, and will remain in effect until ADX receives the results of the meeting. The resolution mandates that all relevant departments at ADX execute this decision and that the resolution be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was approved by the authorized person and issued on November 8, 2024.
Al Firdous (P.J.S.C.) has announced that its Board of Directors will meet on Tuesday, November 12, 2024, at 3:10 PM. The purpose of the meeting is to adopt the preliminary financial statements for the second quarter ending on September 30, 2024. The announcement was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and was signed by Sheikh Khaled Zayed S. Al Nehayan, Chairman. A copy of the announcement was also sent to the Security and Commodities Authority.
The document outlines the margin parameters for DFM Futures, effective from November 11, 2024. It lists various underlying symbols on the Dubai Financial Market (DFM) with their respective base margin percentages, currencies, and base margin per contract, along with spread margin per contract. The margin percentages range from 5% to 17%, with currencies in AED and USD. The document also provides links to the Derivatives Clearing Guidelines and Procedures for further details on margin calculation and eligible margin types. It notes that the information is subject to change and advises consulting the Dubai Financial Market Regulated Derivative Contract Trading Regulation in case of discrepancies.