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Resolution No. 500 of 2024 announces the temporary suspension of trading for the shares of Sharjah Cement and Industrial Development Co. (SCIDC) on the Abu Dhabi Securities Exchange (ADX). This suspension is scheduled to begin at 12:00 on November 12, 2024, coinciding with the company's Board of Directors meeting, and will remain in effect until ADX receives the results of this meeting. The resolution mandates that all relevant departments within ADX implement this decision and that it be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was issued on November 5, 2024, and has been approved by the authorized person.
Resolution No. 499 of 2024 announces the temporary suspension of trading in the shares of Waha Capital Company on the Abu Dhabi Securities Exchange (ADX) due to a Board of Directors meeting scheduled for 14:00 on November 5, 2024, which coincides with the trading session. Trading will be halted from 14:00 on that day until ADX receives the meeting results. All ADX department heads are instructed to implement this resolution within their areas of responsibility. The resolution will be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and all ADX-accredited brokers. This resolution has been approved by the authorized person and was issued on November 5, 2024.
Taaleem Holdings PJSC invites its shareholders to the annual general assembly meeting on November 5, 2024, at Dubai British School in Jumeira, Dubai, and online. The agenda includes reviewing and approving the Board of Directors' report, the auditor's report, the balance sheet, and profit and loss statements for the fiscal year ending August 31, 2024. The meeting will also consider the distribution of a cash dividend of AED 120 million, the Board's remuneration of AED 5.25 million, and the discharge or dismissal of Board members and external auditors from liability. Additionally, the appointment of external auditors for the fiscal year ending August 31, 2025, and their remuneration will be discussed.
The Abu Dhabi National Company for Building Materials (BILDCO) held its tenth board meeting of 2024 on November 5, 2024. The board approved the minutes from the previous meeting, agreed to buy back 5% of the company shares pending regulatory approval, decided to contract an engineering office to redesign the company's factories for better space utilization, and tasked the Nominations and Remuneration Committee with reviewing and restructuring the company's organizational structure in line with future plans.
The Board of Directors of Fertiglobe plc will hold a video conference meeting on Friday, 8 November 2024, at 4 p.m. The agenda includes reviewing and approving the company's financial statements for the third quarter of 2024 and discussing general matters related to the company's activities and projects. The communication is from Ms. Rita Guindy, Director of Investor Relations, and a copy has been sent to the Securities and Commodities Authority.