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Threads on regulatory news from companies
The Abu Dhabi Securities Exchange's Market Operations Surveillance Department has issued a disclosure regarding a board meeting for Fujairah Cement Industries (PJSC). The meeting is scheduled for Wednesday, 24/04/2024 at 12:30 PM. The agenda includes the implementation of AGM (42) decisions, discussion on normal operational matters, and other topics. The communication is also marked to SCA.Saeed Ahmed Ghareib Alseridi, the General Manager.
The Al Ain Ahlia Insurance Company has listed the candidates for its Board of Directors. The candidates are H.E. Mohamed Jouan Rashed Albadi Aldhaheri, H.E. Khaled Mohamed Jouan Albadi Aldhaheri, H.E. Ghaith Hammelkhadim Alghaith Alqubaisi, H.E. Saeed Ahmed Omran Almazrouei, H.E. Saif Ahmed Saif Saqer Almehairbi, H.E. Abdulla Mubarak Abdulla Mubarak Aldarmaki, and H.E. Shaikha Nasser Mohamed Ali Alnuwais. Approval of these candidates will be sought from the Central Bank of the United Arab Emirates and the Securities and Commodities Authority after the company's general assembly meeting on April 23, 2024.
Ali Musmar, the Chief Executive Officer, has informed the Disclosure and Compliance Section and the Market Operations Surveillance Department of the Abu Dhabi Securities Exchange about the adjournment of the Annual General Assembly Meeting. Originally scheduled for April 15th, 2024, the meeting has been postponed due to lack of a quorum, with attendance reaching only 1.8418%. The postponed meeting is now set to be held on April 22nd, 2024 at 11:00 am and will be valid regardless of the number of shareholders present or represented. A copy of this information has also been sent to the Securities and Commodities Authority (SCA) in Abu Dhabi, UAE.