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The National Investor PrJSC held its General Assembly Meeting electronically on 12 July 2024 from 11:00 am to 11:40 am. The board members present were 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 agenda items approved included: the sale of a real estate asset on Al Reem Island valued at 10.1% of the company's share capital to a related party; the proposal to decrease the company's share capital by canceling 50 million shares and amending the company's Memorandum of Association; and authorizing the Chairman or CEO to implement these decisions.
Resolution No. (434) of 2024 announces the temporary suspension of trading in the shares of Fujairah Building Industries P.S.C. starting from 11:00 AM on July 25, 2024, until the Abu Dhabi Securities Exchange (ADX) receives the results of the company's Board of Directors meeting scheduled for the same time. The resolution mandates all department heads at ADX to implement this decision within their respective areas and requires the resolution to be circulated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was approved by the authorized person and issued on July 15, 2024.
Resolution No. (433) of 2024 temporarily suspends trading of Abu Dhabi Commercial Bank (ADCB) shares on the Abu Dhabi Securities Exchange (ADX) starting from 10:00 AM on July 18, 2024, until ADX receives the results of the ADCB Board of Directors meeting scheduled for that time. All ADX department heads are instructed to implement this resolution within their respective areas. The resolution will be circulated to the Securities and Commodities Authority (SCA), ADCB, all ADX departments, and accredited brokers. The resolution was approved by the authorized person and issued on July 15, 2024.