Latest Threads on News from companies

Unikai Foods PJSC is inviting its shareholders to attend the Annual General Assembly Meeting to be held both virtually and physically at the company’s premises in Dubai on 2nd April 2024. The agenda includes reviewing and approving the company's financial position, the auditor's report, and the financial statements for the year ended 31/12/2023. The Board will also propose the distribution of 20% bonus shares as dividends for the fiscal year 2023 and discuss the remuneration of the Board of Directors totaling AED 1,400,000. The meeting will consider the discharge or dismissal of the Board and auditors for the year ended 31/12/2023, and the appointment of auditors for the year 2024. The appointment of Dr. Hashem Salem AlDash as a board member effective from 9th November 2023 will also be ratified. Updates on the sale process and transactions with related parties for the year 2024 will be provided and reviewed.

On 1st April 2024, GFH Financial Group announced that it has concluded investments totaling US$450 million in the US real estate sector between the fourth quarter of 2023 and the first quarter of 2024. This investment is expected to have a positive impact on the Group's financials and increase the returns for the Group. The announcement was made by Mariam Jowhary, the Head of Compliance & AML. For more details, reference is made to the attached release.

On April 1, 2024, GFH Financial Group B.S.C. announced that it has sold 157,815,208 of its treasury shares, representing 4.12% of its total issued shares, to Aljomaih Holding Company and strategic investors. Following this sale, the total number of treasury shares held by GFH will be 182,049,582, representing 4.75% of its total issued shares. The announcement was signed by Mariam Jowhary, Head of Compliance & AML at GFH Financial Group.

The text is a formal letter addressed to Mr. Hamed Ahmed Ali, the CEO of Deeb Market, from Mohammed Ahmed Al Hashemi, the CEO of the Union Cooperative. The letter invites Mr. Ali to a board meeting scheduled for 04/04/2024 at 4:00 PM. The agenda of the meeting includes discussing and approving the final statements for the fiscal year 2023 after they have been reviewed by the audit committee and the external auditor, discussing the proposal for the distribution of profits for the year 2023, and discussing some regular business matters.