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The National Investor PrJSC held its General Assembly Meeting electronically on July 12, 2024, from 11:00 am to 11:40 am. The Board of Directors included Chairman Mr. Saeed Mohamed Hasan Almasoud, Vice Chairman Mr. Tariq Khalil Dawood Badran Al Karaeen, and members Mr. Mohammed Abdulla Juma Alqubaisi, Mr. Mohammed Abdulla Almazrouei, and Mr. Madhav Vithal Nayak. The meeting agenda included three main items: 1. Approval of a transaction to sell a real estate asset on Al Reem Island, valued at 10.1% of the company's share capital, to a related party. 2. Approval of a proposal to decrease the company's share capital by canceling 50 million shares, returning the value to shareholders, and amending the company's Memorandum of Association. 3. Authorization for the Chairman or CEO to represent the company in approving shareholders' decisions related to the above items and to take necessary measures for their implementation.
DFM Regulated Short Sell – Weekly Summary Summary Period: 08 July 2024 to 12 July 2024 Date of Issue: 12 July 2024 There were no Regulated Short Sell (RSS) trades for the period from 08 July 2024 to 12 July 2024. For more information on RSS, refer to the DFM Market Rules Module Three Membership, Trading, And Derivatives Rules & Operational Model and Procedures for Implementation of Regulated Short Selling at http://www.dfm.ae/the-exchange/regulation/market-rules. This announcement is available on the DFM website at https://www.dfm.ae/the-exchange/news-disclosures/market-announcements. Disclaimer: The information in this document is subject to change and is provided on an "as is" and "as available" basis. DFM will not be liable for any loss resulting from the use of the data and content in this document.
Date: 12 July 2024 Mr. Hamed Ahmed Ali, Chief Executive Officer, Dubai Financial Market, Dubai - United Arab Emirates H.E. Dr. Maryam Buti Al Suwaidi, Chief Executive Officer - Securities and Commodities Authority, Abu Dhabi - United Arab Emirates Subject: Nominees list for the membership of the Board of Directors of Drake and Scull International PJSC (the "Company") The nomination period for the Board of Directors’ membership of Drake and Scull International PJSC closed on Thursday, 11 July 2024. The following individuals have met the nomination requirements for the Board of Directors: 1. H.H. Shaikh Theyab Bin Tahnoon Bin Mohammad Al-Nahyan 2. Dr. Abdul Rahman Mahmoud Al Afifi 3. Mr. Shafiq Abdelhamid 4. Mr. Abdulla Atatreh 5. Mr. Ahmad Kilani 6. Mr. Mustafa Kheriba 7. Mr. Abdulrahman Alali 8. Mrs. Mia Zecevic 9. Mr. Mohamed Aldhaheri 10. Mr. Mohamed Al-Ali 11. Mrs. Khulood Qayed Sincerely, Dana Abualghanam Board Secretary
Al Yah Satellite Communications Company PJSC has disclosed its intention to consider and adopt a written resolution by circulation. The date of circulation is set for 17 July 2024, after 3:00 PM. The subject of the resolution is to consider general business, operational, and strategic items that do not affect the company's share price. The authorized signatory is Clint Irwin Fransquinho de Barros, the Board Secretary.
On July 9, 2024, Mr. Andre G. Sayegh resigned as Chairman of Multiply Group PJSC’s Board of Directors due to personal reasons and professional commitments. The Board expressed gratitude for his contributions and wished him success in his future endeavors. Mr. Syed Basar Shueb was appointed as the new Chairman effective July 10, 2024. This notification was copied to the Securities and Commodities Authority and the Abu Dhabi Securities Exchange.
On 11th July 2024, Ras Al Khaimah National Insurance Company PSC announced the resignation of Mrs. Lamia Zouari from her position as Board Secretary, effective from 12th July 2024. Until a new Board Secretary and Investor Relations officer is appointed, inquiries related to the Board should be directed to Mr. Sanjeev Badyal, the company's Chief Executive Officer. He can be contacted via email at sanjeev.badyal@rakinsurance.com or mobile at 050 8844746. The announcement was made on behalf of the company by Mr. Sanjeev Badyal.
On July 9, 2024, Mr. Andre G. Sayegh resigned as Chairman of Multiply Group PJSC's Board of Directors due to personal reasons and professional commitments. The Board expressed gratitude for his contributions to the group's growth and wished him success in his future endeavors. Subsequently, Mr. Syed Basar Shueb was appointed as the new Chairman of the Board of Directors, effective July 10, 2024. This notification was sent to the Securities and Commodities Authority (SCA) and the Abu Dhabi Securities Exchange.