Latest Threads

The Board of Directors of Multiply Group PJSC invites its shareholders to attend the General Assembly Meeting, which will be held on Monday, November 18, 2024, at 3:30 pm. The meeting can be attended virtually via instant video communication and electronic voting, or physically at the company's headquarters in Abu Dhabi, UAE. Shareholders will receive a link for virtual attendance through SMS or email upon registering their attendance. During the meeting, shareholders can submit inquiries, discuss agenda items, and vote on proposed resolutions, including the election of the Board of Directors. As per the Securities and Commodities guidelines, shareholders attending virtually must register electronically to vote on the AGM items.

On October 24, 2024, Multiply Group PJSC reorganized its investment in Abu Dhabi National Energy Company PJSC (TAQA) for strategic purposes. This involved transferring shares from Norm Commercial Investment - Sole Proprietorship L.L.C and Spranza Commercial Investment - Sole Proprietorship L.L.C to Multiply Group International Limited. The transaction was reflected in a block trade of TAQA shares on the same date. These transfers do not affect Multiply Group PJSC's ownership in TAQA.

The Annual General Meeting (AGM) of Investcorp Capital plc took place on October 9, 2024, at the Rosewood Hotel in Abu Dhabi and virtually. The meeting was chaired by H.E. Mohammed Alardhi, Chairman of the Board. Board members present included Mr. Rishi Kapoor, Mr. Abbas Rizvi, Dr. Nawal Al Hosany, Mr. Mohammed Al Shroogi, Ms. Pamela Jackson, and Mr. Peter McKellar, with apologies from the absent members. The AGM was also attended by Mr. Ahmed Al Dali from Ernst & Young, the Company's external auditor, and the Company's CEO, Mr. Timothy Mattar, and CFO, Mr. Rohit Nanda. The meeting achieved a quorum of 72.89%, with 0.09% in person, 72.12% by Corporate Representative, and 0.68% by proxy. No attendees held multiple roles.

MBME Pay, a payment services provider and part of the MBME Group, has signed an agreement with the National Bank of Fujairah (NBF), a public joint stock company listed on the Abu Dhabi Securities Exchange since 2005. The National Bank of Fujairah operates in the banking sector with a focus on diversified banks. The agreement aims to leverage MBME Pay's digital solutions and omni-channel capabilities to reach a larger customer base and enhance service levels. This partnership is considered a significant step in the development of MBME Group.

The Board of Directors of Multiply Group PJSC is scheduled to meet on Tuesday, 29 October 2024, at 5:00 PM. The agenda includes the approval of the audited financial statements for the third quarter of 2024 and the discussion of other business matters. The notification is addressed to the Disclosures and Compliance Section of the Securities and Commodities Authority and the Market Operations Surveillance Department of the Abu Dhabi Securities Exchange.