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The company has communicated to the Abu Dhabi Securities Exchange's Market Operations Surveillance Department that there is no material information or news from the company that would influence the increase in its share price.
Enersol has signed an agreement to acquire a 95% equity stake in Deep Well Services (DWS) for $223 million, as part of its growth strategy to become a technology-focused investment platform. DWS, established in the U.S. in 2008, utilizes advanced technology, data analytics, and automation to improve energy sector performance and sustainability. This acquisition marks Enersol's fourth, bringing its total investment commitments to nearly $800 million. The transaction is pending regulatory approvals and other standard conditions.
Aldar has launched Mamsha Gardens, a resort-style residential development on Saadiyat Island in Abu Dhabi, near Mamsha Al Saadiyat and the Saadiyat Cultural District. The development includes 493 luxury apartments and townhouses with iconic views, surrounded by lush gardens and premium retail spaces. Located within 200 meters of Mamsha Beach, the area is being enhanced to offer a French Riviera-inspired elegance. Mamsha Gardens features a walkway connecting residents to cultural and leisure attractions on the island, including premium retail experiences at Saadiyat Grove. Designed by ACME Architecture, the project incorporates landscaped gardens with water-efficient irrigation systems.
Hily Holding PJSC has scheduled a board meeting for Tuesday, November 12, 2024, at 5:00 PM. The agenda includes approval of the previous meeting's minutes, discussion and approval of the financial statement for the period ending September 30, 2024, and other operational matters. The disclosure is authorized by Taysir Mokashfi, the Board Secretary, on November 4, 2024.
The text discusses regulations outlined in Clauses 1 and 2 of Article 40 in the Corporate Governance Manual concerning shareholder representation at general assemblies. It states that shareholders can delegate someone, who is not a Board member or company staff, to attend and vote on their behalf. This delegation must be in writing, explicitly granting the agent the right to attend and vote. An agent representing multiple shareholders cannot hold more than 5% of the company's issued capital through such delegation. Additionally, shareholders who lack legal capacity must be represented by their legal representatives. The shareholder's signature is required on the power of attorney for this delegation.