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Resolution No. 394 of 2024 temporarily suspends trading of the shares of Abu Dhabi National Insurance Company (ADNIC). The suspension is due to coincide with the ADNIC Board of Directors meeting on 9th May 2024 at 11:00. The trading suspension will start at 09:00 on 9th May 2024 and will continue until the Abu Dhabi Securities Exchange (ADX) receives the meeting results. All department heads at ADX are required to implement this resolution in their respective fields. The resolution will be shared with the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and all brokers accredited by ADX. The resolution was issued on 6th May 2024.
Resolution No. (393) of 2024 temporarily suspends trading of Al Fujairah National Insurance Company shares on the ADX. The suspension is due to a coinciding Board of Directors Meeting at 11:00 on 13-May-2024. Trading will be halted from 09:00 on the same day until the meeting results are received by ADX. The resolution instructs all department heads in the ADX to implement this decision in their respective fields. The resolution will be circulated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and all brokers accredited by ADX. The resolution was issued on 06/05/2024 and approved by the authorized person.
Resolution No. (392) of 2024 temporarily suspends trading of Abu Dhabi Aviation Co. shares on the ADX. The suspension is due to coincide with a board of directors meeting on 14-May-2024 at 11:00. Trading will be suspended from 09:00 on the same day until the ADX receives the meeting results. All heads of departments in ADX are required to execute this resolution in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 06/05/2024 and has been approved by the authorized person.
On May 6, 2024, a letter was sent to Mr. Hamed Ahmed Ali, Chief Executive Officer of Dubai Financial Market, regarding Salik Company PJSC's earnings call meeting. The meeting with analysts is scheduled for Monday, May 13, 2024, at 12:00 PM to discuss the financial results for the first quarter, which ended on March 31, 2024. A presentation will be available on the company's website prior to the meeting. The letter was signed by Ibrahim Sultan Al Haddad, Chief Executive Officer.
On May 6th, 2024, a letter was sent to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, by Ibrahim Sultan Al Haddad, the CEO of Salik Company PJSC. The letter informed Mr. Ali about a Board of Directors meeting scheduled for May 13th, 2024, at 8:00 am. The meeting's agenda includes discussing the condensed interim financial statements for the period ending March 31st, 2024, and normal business activities.
Resolution No. 391 of 2024 has temporarily suspended trading on RAK Properties shares. This decision is based on Article No. 16 of the Regulations concerning the Listing of Securities on ADX. The suspension is due to a board meeting of RAK Properties scheduled for 14:30 on 8-May-2024, which coincides with the trading session at ADX. Therefore, trading in RAKPROP shares will be suspended from 09:00 on 8-May-2024 until ADX receives the meeting results. All ADX department heads are required to implement this resolution in their respective fields. The resolution will be circulated to SCA, the concerned company, all ADX departments, and all ADX-accredited brokers. The resolution was approved by an authorized person and issued on 06/05/2024.