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Resolution No. (469) of 2024 addresses the temporary suspension of trading for United Fidelity Insurance Company (P.S.C) shares on ADX. The suspension will start at 12:00 on 14-Aug-2024 due to a Board of Directors meeting scheduled at the same time. Trading will resume once ADX receives the meeting results. The resolution mandates all ADX department heads to implement the decision and requires circulation of the resolution to the SCA, the concerned company, all ADX departments, and accredited brokers. The resolution was approved by an authorized person and issued on 12-Aug-2024.
On 9 August 2024, the Board of Directors of ADNOC Gas Plc held a meeting via video conference and approved the company's financial statements for the second quarter of 2024. They also approved the distribution of interim cash dividends to shareholders for the first half of 2024, totaling USD 1,706 million (AED 6,265,986,093), which equates to approximately 8.164 fils per share. The key dates for the dividend distribution include the last entitlement date on 15 August 2024, the ex-dividend date on 16 August 2024, the shareholders' registry closing date on 19 August 2024, and the payment date within 30 days from 9 August 2024.
On 12 August 2024, the Board of Directors of E7 Group PJSC held a meeting in Abu Dhabi at 3:00 p.m. The board approved the company's financial statements for the second quarter ending 30 June 2024 and discussed other general business matters. The notification was issued by the Disclosures and Compliance Section, Market Operations Surveillance Department of the Abu Dhabi Securities Exchange. The information was also copied to the Securities and Commodities Authority. The notice was signed by Clinton Genty-Nott, the Board Secretary.
HAYAH Insurance Company P.J.S.C., located on the 16th floor of Sheikh Sultan Bin Hamdan Building, Corniche Road, P.O. Box 63323, Abu Dhabi, UAE, is a Public Joint Stock Company with a paid-up capital of AED 200 million. It is registered with the Central Bank of the UAE under registration number 83, dated 16/09/2008. On 12th August 2024, the Board approved the financial statements for the second quarter of 2024 by circulation. The meeting was authorized by Mohamed Seghir, the Chief Executive Officer, and the results were disclosed with the company's seal.
On December 8, 2024, Hily Holding PJSC held a board meeting via Microsoft Teams from 2:00 PM to 3:00 PM. Six board members were present, achieving an 85% quorum. The board approved the previous meeting's minutes and the financial statement for the period ending June 30, 2024, which showed a net profit of AED 13.856 million, up from AED 8.517 million for the same period in 2023. Other operational matters were also discussed, and appropriate decisions were made. The meeting was documented by Board Secretary Taysir Mokashfi.