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Al Mal Capital PSC, acting as the Fund Manager of Al Mal Capital REIT, invites all unitholders to attend the General Assembly meeting of AMCREIT on May 12, 2025, at 1:00 PM. The meeting will be held at Al Mal Capital's head office in Dubai and can be attended in person or remotely. The agenda includes a special resolution to approve the Fund Manager’s recommendation to increase the Fund's issued share capital from AED 513,889,872 by up to AED 300,000,000. This will be achieved through the issuance of up to 300,000,000 new units at an issue price of AED 1.1 per new unit, inclusive of a premium. Subscribers will incur an issuance fee of 2.5 fils per unit. The announcement regarding the subscription details will be published at least twenty days before the subscription start date, pending approval from unitholders.
BHM Capital Financial Services P.S.C has scheduled a Board of Directors meeting for Wednesday, May 14, 2025, at 3:30 PM. The agenda includes reviewing and approving the Q1 financial statements for 2025 and discussing other routine operational matters. The notice is signed by Abdel Hadi Al Sa’di, the CEO of BHM Capital Financial Services P.S.C.
GFH Financial Group B.S.C. announced the purchase of 500,000 treasury shares, increasing its total treasury shares from 207,092,618 (5.40% of total issued shares) to 207,592,618 (5.42% of total issued shares) as of May 9, 2025. The decision to purchase was made by the board of directors on March 24, 2024, and was approved by the relevant authority on February 16, 2025. The average purchase price was USD 0.2983 per share. There are 175,666,765 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.