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Threads on regulatory news from companies
Threads on regulatory news from companies
Resolution No. 374 of 2024 has temporarily suspended trading of Eshraq Investments P.J.S.C shares on the ADX. The decision, in accordance with Article No. 16 of the Regulations Concerning the Listing of Securities on ADX, is due to the company's AGM coinciding with the trading session at ADX. The suspension will be in effect from 09:00 on 30-Apr-2024 until the AGM results are received by ADX. All department heads at ADX are directed to execute this resolution in their respective fields. The resolution, approved by the authorized person, will be circulated to SCA, the concerned company, all departments at ADX, and all ADX-accredited brokers. The resolution was issued on 24/04/2024.
On 24/04/2024, GFH Financial Group B.S.C. announced that in accordance with the resolution from the Ordinary General Meeting on 24th March 2024, it has been approved to repurchase the Group's shares (treasury shares) up to a maximum of 10% of the total issued shares. The company has obtained approval from CBB to repurchase its shares and will commence the share repurchase from 25th April 2024. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.
The text appears to be the title and date of a Management Discussion and Analysis Report for the first quarter of 2024, issued on 24th April 2024. This report is likely to contain a detailed overview of a company's financial performance and other relevant operational activities during the first quarter of the year.
The document presents the condensed consolidated interim financial statements of the Commercial Bank of Dubai PSC Group for the three-month period ending on 31 March 2024.