Latest Threads on News from companies
Threads on regulatory news from companies
Threads on regulatory news from companies
On April 25, 2024, GFH Financial Group B.S.C. announced that it has purchased 1,791,203 of its treasury shares. This acquisition increases the total holding of treasury shares from 182,049,582 (representing 4.75% of total issued shares) to 183,840,785 (representing 4.80% of total issued shares). The decision to purchase was made during the company's board of directors meeting in September 2021, and the purchase was approved by the Authority in April 2024. The average purchase price was 0.272 USD per share, and the purchased shares represent 0.047% of the issued capital. After this purchase, the number of shares remaining for purchase is 199,418,598. The announcement was signed by Mariam Jowhary, the Head of Compliance & AML.
The Abu Dhabi National Company for Building Materials - BILDCO (PJSC) held its annual general assembly meeting remotely on 25 April 2024. The meeting started at 2:04 PM and ended at 2:57 PM. The president of the general assembly was Mr. Salah Khamis Saleh Ali Al-Junaibi. The quorum of the total attendance was 50.28% of the capital. The personal attendance rate was 0.02%, with the same amount being authentic and none by proxy. Electronic voting made up the rest of the attendance at 50.26%, with 41.99% being authentic and 8.27% by proxy.
On April 25, 2024, Amlak Finance P.J.S.C held a meeting from 3:00PM to 3:30PM. All seven board members were present, achieving 100% quorum. The board decided to appoint Mr. Jamal Hamed Almarri as the Chairman of the Board of Directors and Mr. Shaker Fareed Zainal as Vice Chairman. The board also formed its committees. The authorized signatory of these decisions was Lama Takieddin, the Head of Corporate Governance and Company Secretary.
Resolution No. (378) of 2024 announces the temporary suspension of trading on the shares of Al Dar Properties. This decision is due to the company's Board of Directors meeting scheduled for 09:00 on 29-Apr-2024, which coincides with a trading session at ADX. The trading suspension will last until ADX receives the meeting results. The resolution mandates all department heads in ADX to implement this decision in their respective fields. The resolution will be circulated to the SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution, approved by the authorized person, was issued on 25/04/2024.
Resolution No. 377 of 2024 temporarily suspends trading of the shares of Emirates Telecom. Group Company (Etisalat Group) PJSC on the ADX. The decision is due to a Board of Directors meeting scheduled for 13:00 on 30-Apr-2024, which coincides with the trading session at ADX. As such, trading in ETISALAT shares will be suspended from 09:00 on 30-Apr-2024 until ADX receives the meeting results. The resolution mandates all department heads at ADX to implement this decision 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.