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Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From SHUAA Capital PSC
Disclosure: Notification from the company

SHUAA Capital Bond 1 Limited announced the final results of its exchange offer for its $150,000,000 7.50% notes due on March 31, 2025. The offer invited eligible noteholders to exchange up to $75,000,000 of these notes for UAE Dirham-denominated mandatory convertible bonds issued by SHUAA Capital psc. The offer expired on February 28, 2025, and by that deadline, $76,133,000 in notes were tendered for exchange. The issuer decided to accept $74,733,000, subject to a pro rata scaling factor of 98.968%. The approval condition was satisfied on March 10, 2025, and the expected settlement date for the exchange, including the delivery of the new bonds, is March 18, 2025.

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on DRC shares after disclosing the resolutions of its General Assembly
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Refreshment Company P.J.S.C.
Disclosure: Resolutions of General Assembly

On Thursday, 13 March 2025, Dubai Refreshment PJSC held a General Assembly Meeting chaired by Mr. Ahmad Alserkal, the Chairman of the Board of Directors. The meeting took place at the company's headquarters in Dubai Investment Park 2 and was also accessible online. It started at 12:00 PM and concluded at 12:30 PM. The quorum for the meeting was 69.9192% of the total attendance, with 42.3358% attending personally and 27.5834% by proxy. Electronic voting accounted for 69.9192% of the attendance. During the meeting, the assembly approved the Board of Directors' report on the company's activities and financial position for the year ending 31 December 2024, the external auditors' report, and the company's balance sheet and profit and loss account for the same period.

1. Disclosure: Resolutions of General Assembly

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on WATANIA shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on BHMCAPITAL shares starting from 1:00 PM as its BOD meeting is being held today, 13-03-2025 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on ASNIC shares starting from 12:00 PM as its BOD meeting is being held today, 13-03-2025 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: Today, 13/03/2025 is the last trading date to entitle for CBD’s cash dividend
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: General Assembly of GULFNAV is being held on 13/03/2025

1. DFM News: Reminder: General Assembly of GULFNAV is being held on 13/03/2025

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: General Assembly of GFH is being held on 13/03/2025

GFH Financial Group B.S.C. is inviting shareholders to attend its Annual and Extraordinary General Meeting on March 13, 2025, at GFH House, Bahrain Financial Harbour. If the quorum is not met, subsequent meetings are scheduled for March 20 and March 27, 2025. The agenda includes ratifying previous meeting minutes, discussing reports on business activities, financial statements, and corporate governance, approving profit allocations, and authorizing share buybacks and auditor appointments. The Extraordinary General Meeting will address the issuance of financial instruments to improve capital ratios. Shareholders must submit attendance requests and proxies 24 hours before the meeting. Special arrangements are available for individuals with special needs. For inquiries, shareholders can contact the Investor Relations Department.

1. DFM News: Reminder: General Assembly of GFH is being held on 13/03/2025

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: General Assembly of DIB is being held on 13/03/2025

Dubai Islamic Bank PJSC's Board of Directors invites shareholders to its Annual General Assembly Meeting (AGM) on March 13, 2025, at the Mohammed Bin Rashid Library Building in Dubai, with a second meeting on March 20, 2025, if needed. Shareholders can attend in person or online. The agenda includes reviewing and ratifying reports on the bank's activities, financial position, and auditor reports for the year ending December 31, 2024. It also involves approving cash dividends of 45% of the paid-up capital, Board of Directors' remuneration, and discharging the Board and auditors from liability for 2024. The appointment of the Internal Sharia Supervision Committee and external auditors for 2025 will be confirmed, and representatives for shareholder voting will be appointed. Special resolutions will be considered to authorize the issuance of senior Sukuk up to USD 12.5 billion and Tier 2 Sukuk up to USD 1.0 billion, both non-convertible into shares, subject to regulatory approvals. Shareholders are encouraged to update their contact details with the Dubai Financial Market (DFM) for dividend distribution and can access financial statements and reports on the bank's and DFM's websites. Voting rights are determined by share registration dates, and shareholders can appoint representatives to vote on their behalf.

1. DFM News: Reminder: General Assembly of DIB is being held on 13/03/2025

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