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Commercial Bank of Dubai P.S.C.

CBD
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  • Market: DFM
  • Symbol: CBD
  • ISIN: AEC000201017
  • Sector: Banks

Company Brief

Country of Origin: United Arab Emirates (U.A.E)

Commercial Bank of Dubai PSC (“the Bank”) was incorporated in Dubai, United Arab Emirates in 1969 and is registered as a Public Shareholding Company (PSC) is accordance with Federal Law No. 8 of 1984 (as amended). The Bank is listed on the Dubai Financial Market.

 

The Bank and its subsidiary “CBD Financial Services LLC” are (together referred to as “the Group”). The subsidiary was incorporated on 9 March 2005 in Dubai, United Arab Emirates and is registered as a limited liability company in accordance with Federal Law No. 8 of 1984 (as amended) and commenced its operations from 9 October 2005. The Bank effectively holds 100% interest in its subsidiary. The Bank’s principal activity is commercial banking which that of its subsidiary is to act as a broker for shares and bonds.

 

Key Facts

ESTABLISHED

Jul 3, 1969

AUDITOR

ERNST & YOUNG

FISCAL YEAR END

DECEMBER

REGISTRAR

Commercial Bank of Dubai

Board Members

CHAIRMAN

H.E. Saeed Ahmad Ghobash

DEPUTY

Mr. Khalid Abdulwahid Hassan Al Rustamani

MEMBERS

Sheikh/ Maktoum Hasher Al Maktoum
Mr. Shehab Mohamed Abdulkhaliq Gargash
Mr. Omar Abdulla Al Futtaim
Mr. Abdulla Saif Obaid Al Hathboor
Mr. Ali Fardan Ali Al Fardan
Mr. Hamed Ahmed Mohd Aqil Kazim
Mr. Mohamed Ali Al Abbar
Mr. Buti Saeed Al Ghandi
H.E. Humaid Mohammed Al Qatami

Top Management

Chief Executive Officer 
Mr. Bernd Van Linder

Chief Financial Officer
Mr. Thomas Pereira

Chief Transformation Officer
Mr. Walter Lironi

General Manager - Attijari Al Islami
Mr. Fahad Almheiri

Head of Information Technology and Operations
Mr. Asem Fikree

Equity Profile

DATE OF LISTING

Apr 1, 2003

SECTOR

Banks

AUTHORIZED CAPITAL:
2,802,733,968.00  AED
ISSUED SHARES
2,802,733,968.00
PER VALUE SHARE

1.00 AED

Subsidiaries

 

Subsidiaries
CBD Financial Services U.A.E. 100.00 %
Attijari Properties LLC U.A.E. 100.00 %

Contact Details

Head Office

Al Itihad Road - Deira - Dubai

Address

P.O. Box: 2668 Al Itihad Road - Deira Duabi - U.A.E.

Phone No.

+9714 2121000

Fax No.

+9714 2121911

Email address:

cbd-ho@cbd.ae

Website

http://www.cbd.ae/cbd/index.aspx

Showing Last 10 Disclosures - CBD View all
CBD 13-07-2017 08:09 AM

Press release regarding financial results for the 2nd QTR of 2017

1 File(s)
CBD 13-07-2017 08:07 AM

Results of BOD meeting including interim condensed consolidated financial statements for the 2nd QTR of 2017

3 File(s)
CBD 02-07-2017 09:59 AM

BOD meeting

1 File(s)
CBD 30-06-2017 10:30 AM

Financial statements for the 2nd QTR of 2017

1 File(s)
CBD 24-04-2017 08:44 AM

Press release regarding financial results for the 1st QTR of 2017

1 File(s)
CBD 24-04-2017 08:42 AM

Results of BOD meeting including financial results for the 1st QTR of 2017

3 File(s)
CBD 20-04-2017 10:39 AM

Financial statements for the 1st QTR of 2017

1 File(s)
CBD 16-04-2017 08:50 AM

BOD meeting

1 File(s)
CBD 16-03-2017 09:21 AM

Resolutions of General Assembly

1 File(s)
CBD 15-03-2017 11:58 AM

Resolutions of General Assembly

1 File(s)
Showing Last 10 Issuer News - CBD View all
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Showing Last 10 Financial Reports - CBD View all
CBD 30-06-2017 10:30 AM

Financial statements for the 2nd QTR of 2017

1 File(s)
CBD 20-04-2017 10:39 AM

Financial statements for the 1st QTR of 2017

1 File(s)
CBD 31-12-2016 01:07 AM

Financial statements for the year of 2016

1 File(s)
CBD 30-09-2016 12:21 AM

Financial statements for the 3rd QTR of 2016

1 File(s)
CBD 30-06-2016 10:52 AM

Financial statements for the 2nd QTR of 2016

1 File(s)
CBD 01-05-2016 01:00 AM

Financial statements for the 1st QTR of 2016

1 File(s)
CBD 28-04-2016 03:14 AM

Financial statements for the year of 2015

1 File(s)
CBD 29-10-2015 03:43 AM

Financial statements for the 3rd QTR of 2015

1 File(s)
CBD 23-07-2015 03:30 AM

Financial statements for the 2nd QTR of 2015

1 File(s)
CBD 23-04-2015 03:30 AM

Financial statements for the 1st QTR of 2015

1 File(s)
Showing Last 10 General Meetings - CBD View all
Meeting Date/TimeMar 15, 2017 04:30:00 PMType of MeetingGeneral Assembly
Net Profit/Loss1003065000Cash Dividend20
Bonus Share
Announcements/Resolutions

Kindly note that the Annual General Meeting of Commercial Bank of Dubai P.S.C. (the “Bank”) was held on Wednesday 15th March 2017 at 4.30 p.m. at the Bank’s Head Office in Dubai.

 

Before starting the meeting, a group of shareholders representing 29.47% of the Bank’s Capital submitted a written request to add an item to the Agenda of the meeting to be voted by a Special Resolution. The following item was added therefore to the Agenda :

 

Item 11:

 1-   Increase of 5% of the current Bank’ Capital equivalent to 140,136,698 shares by way of subscription

2-      Allow only current shareholders and foreign individuals to subscribe in the increase of the Bank’s Capital with a Premium to the shares’ book value  (current book value in the financial statements of 31/12/2016 is equal to AED 3.00)

3-      Delegate all the legal and administrative authorities to the Board of Directors to implement this resolution including the amendments to the Memorandum and Articles of Association after obtaining all the requisite regulatory approvals.

 

During the meeting, the following resolutions were adopted:

 

A- Normal Resolutions:

 

1-   RESOLVED that the Directors’ Report for the year ended 31stDecember 2016 is approved.

 

2-   RESOLVED that the Report of the Auditors for the year ended 31stDecember 2016 is approved.

 

3-   RESOLVED that the Consolidated Financial Statements of Commercial Bank of Dubai Group for the year ended 31st December 2016 are approved

 

4-   RESOLVED that the distribution of 20% of the Bank’s Capital as at 31stDecember 2016 as Cash Dividends is approved and that:

 

 

Last Date for Dividend Entitlement is 22 March 2017

 

Ex-Dividend Date is 23 March 2017

 

Register Closing (Settlement) Date is 26 March 2017 

 

 

5-   RESOLVED that the Directors Remuneration as recommended is approved.

 

6-   RESOLVED that the Board of Directors is absolved from responsibility for the year ended 31st December 2016.

 

7-   RESOLVED that the Auditors are absolved from responsibility for the year ended 31st December 2016.

 

8-   RESOLVED that M/s. Ernst &Young be appointed as Auditors of the Bank until the next Annual General Meeting to audit the accounts of Commercial Bank of Dubai Group for the year 2017.

 

 

B- Special Resolutions

 

9-   RESOLVED the approval of the update of the Bank's USD 3,000,000,000 Euro Medium Term Note Programme and the issuance of any bonds thereunder (the details of which will be determined by the Bank's board of directors) and the amendment of any programme documents accordingly subject to applicable regulatory approvals.

 

 

10- RESOLVED the rejection of the request of Al Futtaim Group to allow the nationals of the Gulf Cooperation Council (individuals and companies) to own a percentage not exceeding 40% of the bank’s capital

 

 

11-   RESOLVED the rejection of the request of the Shareholders representing 29.47% of the Bank’s capital to increase the Bank’s capital of 5% equivalent to 140.136.698 shares by subscription for the new shares.  

Last Date For Dividend EntitlementWednesday, March 22, 2017Ex-Dividend DateThursday, March 23, 2017
Register Closing (Settlement) DateSunday, March 26, 2017Trading Suspension Date
Trading Resuming DateDividends Payment DateTuesday, April 11, 2017
Payment EntityDFMMeeting VenueCBD Head Office Building
1 File(s)
Meeting Date/TimeJun 26, 2016 11:00:00 AMType of MeetingAnnual General Meeting
Net Profit/Loss1066229000Cash Dividend
Bonus Share
Announcements/Resolutions
  1. Amendments to the Objects of the Bank subject to obtainingthe regulatory approvals,

  2. Amendments to the Powers of the Board of Directors subjectto obtaining the regulatory approvals,

  3. Amendments to the Memorandum and Articles of Association tobe in compliance with the Federal Law No. 2 of 2015 related to the commercialCompanies subject to obtaining the regulatory approval

Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueCBD-Head Office
1 File(s)
Meeting Date/TimeFeb 28, 2016 04:30:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss1066229000Cash Dividend20%
Bonus Share
Announcements/Resolutions

1.      Approved the report of the Board of Directors on the Bank’s activities and financial position for the year ended 31/12/2015.

 

2.      Approved the External Auditor’s report for the year ended 31/12/2015.

 

3.      Approved the Bank’s Balance Sheet and Income Statement for the year ended 31/12/2015.

 

4.    The Annual General Assembly approved the distribution of AED 561 million, 20% cash dividend of the Bank’s capital as on 31st  December 2015.

 

5.    Approved the proposed Board of Directors’ remuneration.

 

6.    Absolved the members of the Board of Directors from responsibilities for the year ended 31/12/2015.

 

7.    Absolved the External Auditors from responsibilities for the year ended 31/12/2015.

 

8.    Reappointment of M/s. Ernst & Young as Auditors for the Financial Year 2016 and approved their fees.

 

9.    Approved the update of the Bank’s USD 2 Billion Euro Medium Term Note Programme, which will include an increase of the programme limit up to a total of USD 3 Billion.

Last Date For Dividend EntitlementMonday, March 07, 2016Ex-Dividend DateTuesday, March 08, 2016
Register Closing (Settlement) DateWednesday, March 09, 2016Trading Suspension Date
Trading Resuming DateDividends Payment DateMonday, March 21, 2016
Payment EntityDFMMeeting VenueCBD Head Office
1 File(s)
Meeting Date/TimeMar 04, 2015 04:30:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss1202256000Cash Dividend25%
Bonus Share25%
Announcements/Resolutions

 

1.   Approved the report of the Board of Directors on the Bank’s activities and financial position for the year ended 31/12/2014.  

2.   Approved the Auditor’s report for the year ended 31/12/2014.

3.   Approved the Bank’s Balance Sheet and Income Statement for the year ended 31/12/2014.

4.   The Annual General Assembly approved the distribution of AED 561 million, 25% cash dividend of the Bank’s capital as on 31st December 2014 and distribution of AED 561 million, 25% bonus shares of the Bank’s Capital as on 31st December 2014.

5.   Absolved the members of the Board of Directors and the Auditors from responsibilities for the year ended 31/12/2014.

6.   Approved the proposed Board of Directors’ remuneration.

7.   Reappointed M/s. Ernst & Young as Auditors for the Financial Year 2015 and approved their fees.  

8.   Elected the following names as the Bank’s BoD members for the next three financial years:-

 

1-      Mr.Khalid Abdul Wahid AL Rostamani

2-      Sheikh / Maktoum Hasher Al Maktoum

3-      Mr. Abdulla Saif Al Hathboor

4-      Mr. Ali Fardan Al Fardan

5-      Mr. Omar Abdulla Al Futtaim

6-      Mr. Hamed Ahmed Kazim    

7-      Mr.  Mohamed Ali Al Abbar

8-      Mr. Buti Saeed Al Ghandi     

9-      H.E. Humaid Mohammed Al Qatami

 

The above are in  addition to the  Dubai Government representatives:

1-      Mr. Saeed Ahmed Ghobash

2-      Mr. Shehab Mohamed Gargash

Last Date For Dividend EntitlementWednesday, March 11, 2015Ex-Dividend DateThursday, March 12, 2015
Register Closing (Settlement) DateSunday, March 15, 2015Trading Suspension Date
Trading Resuming DateDividends Payment DateThursday, March 26, 2015
Payment EntityCBDMeeting VenueCBD Head Office
1 File(s)
Meeting Date/TimeMar 05, 2014 04:30:00 PMType of MeetingAGM & EGM
Net Profit/Loss1010235000Cash Dividend30%
Bonus Share10%
Announcements/ResolutionsAGM resolutions:
1. Approved the report of the Board of Directors of the Bank's activities and financial position for the year ended
31/12/2013.
2. Approved the auditors report for the year ended 31/12/2013.
3. Approved the bank's balance sheet income statement for the year ended 31/12/2013.
4. The Annual General Assembly approved the distribution of AED 612 million, 30% cash dividend of the Bank's capital as on 31st December 2013 and distribution of AED 204 million, 10% bonus shares of the Bank's capital as on 31st December 2013.
5. Absolved the members of the Board of Directors and the auditors from responsibilities for the year ended 31/12/2013.
6. Approved the proposed Board of Directors' remuneration.
7. Reappointed M/s. Ernst & Young as auditors for the finacial year 2014 and approved thier fees.

EGM resolutions:
1. Approval to set up a program for the issuance of notes in aggregate nominal amount of up to US Dollars 2 billion, or an equivalent amount in other currencies on conditions and duration determined by Board of Directors.
Last Date For Dividend EntitlementWednesday, March 12, 2014Ex-Dividend DateThursday, March 13, 2014
Register Closing (Settlement) DateSunday, March 16, 2014Trading Suspension Date
Trading Resuming DateDividends Payment DateThursday, March 27, 2014
Payment EntityCommercial Bank of DubaiMeeting VenueCBD Head Office
1 File(s)
Meeting Date/TimeMar 13, 2013 04:30:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss852,837,642Cash Dividend30%
Bonus Share0
Announcements/ResolutionsView related documents
Last Date For Dividend EntitlementWednesday, March 20, 2013Ex-Dividend DateThursday, March 21, 2013
Register Closing (Settlement) DateSunday, March 24, 2013Trading Suspension Date
Trading Resuming DateDividends Payment DateThursday, March 28, 2013
Payment EntityCommercial Bank of DubaiMeeting VenueCBD Head Office
1 File(s)
Meeting Date/TimeMar 14, 2012 04:30:00 PMType of MeetingAnnual General Meeting
Net Profit/LossAED 822,100,000Cash Dividend20%
Bonus Share5%
Announcements/Resolutions- Approved Directors & Auditors reports for the year ended 31/12/2011 - Approved the financial statements for the year ended 31/12/2011 – Approved the distribution of 20% cash dividends and 5% bonus shares - Approved the remuneration to Board of Directors for the year ended 31/12/2011 - Absolved the members of the Board of Directors and the auditors from responsibilities for the year ended 31/12/2011 - Approved the appointment of the external auditors for the financial year 2012.
Last Date For Dividend Entitlement21/03/2012Ex-Dividend Date22/03/2012
Register Closing (Settlement) Date25/03/2012Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueBank's Headquarter
1 File(s)
Meeting Date/TimeJan 31, 2012 10:00:00 AMType of MeetingAnnual General Meeting
Net Profit/Loss822,100,000.00 AEDCash DividendN/A
Bonus ShareN/A
Announcements/ResolutionsApproved to increase the number of board of director members from 8 to 11. Elected 9 members for the board of directors.
Last Date For Dividend EntitlementN/AEx-Dividend DateN/A
Register Closing (Settlement) DateN/ATrading Suspension Date31/01/2012
Trading Resuming Date01/02/2012Dividends Payment DateN/A
Payment EntityN/AMeeting VenueAl Murooj Rotana Hotel - Hall B
1 File(s)
Meeting Date/TimeMar 16, 2011 04:30:00 PMType of MeetingAnnual General Meeting
Net Profit/LossAED 820,589,000Cash Dividend20%
Bonus Share
Announcements/Resolutions- Approved the report of the BOD & the auditor’s report for the year ended 31/12/2010 - Approved balance sheet and the Income Statement of the company for the year ended 31/12/2010 - Approved to distribute cash dividends of 20% - Absolved the members of the Board of Directors and the auditors from responsibilities for the year ended 31/12/2010 – Approved to appoint external auditors for the Financial Year 2011 and approved their fees - Approved the Election of Board of Directors for the next three years – Approved BOD remuneration
Last Date For Dividend Entitlement23/03/2011Ex-Dividend Date24/03/2011
Register Closing (Settlement) Date27/03/2011Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueBank’s head office
Meeting Date/TimeFeb 24, 2010 04:30:00 PMType of MeetingAnnual General Meeting
Net Profit/LossAED 803,345,000Cash Dividend15%
Bonus Share10%
Announcements/Resolutions- الموافقة على تقرير مجلس الإدارة و تقرير مراجع الحسابات عن السنة المالية المنتهية في 31/12/2009 – الموافقة على الميزانية العمومية و حساب الأرباح و الخسائر عن السنة المالية المنتهية في 31/12/2009 - الموافقة على توزيع أسهم منحة بنسبة 10% وتوزيع 15% أرباح نقدية - إبراء ذمة أعضاء مجلس الإدارة والمدققين من المسؤولية عن السنة المالية المنتهية في 31/12/2009 – الموافقة تعيين مدققين الحسابات الخارجيين للسنة المنتهية 31/12/ 2010 و تحديد أتباعهم – الموافقة على مكافأة أعضاء مجلس الادارة
Last Date For Dividend Entitlement03/03/2010Ex-Dividend Date04/03/2010
Register Closing (Settlement) Date07/03/2010Trading Suspension Date
Trading Resuming DateDividends Payment Date25/03/2010
Payment EntityCommercial Bank of Dubai Meeting VenueBank’s head office
Top ShareholdersLast Refreshed at: 20 September 2017

Individual Investors

ShareholdersPercentage
INVESTMENT CORPORATION OF DUBAI 20.00%
شركه الفطيم الخصوصيه المحدوده ذ.م.م 10.51%
ORIENT INSURANCE P.J.S.C 8.84%
ABDULLA HAMAD ALFUTTAIM 6.95%
Ghobash Trading & Investment Co LTD 6.37%
مجموعه عبدالواحد الرستمانى ذ.م.م 5.75%
شركه الماجد للاستثمارات ذ.م.م 5.00%

No data could be found.
Foreign Investments View all
National GCC Arab Other Nationalities
Country of Origin Actual Permitted Actual Permitted Actual Permitted Actual Permitted As of Date:
United Arab Emirates 100% 100% 0% 0% 0% 0% 0% 0% 20-09-2017
Showing Last 10 Corporate Governance Reports - CBD View all
No data could be found.
Showing Corporate Actions - CBD View all
Year2017Corporate Action TypeCash Dividend
Last Date For Action Entitlement3/22/2017Ex-Dividend Date3/23/2017
Register Closing (Settlement) Date3/26/2017Trading Suspension Date1/1/1900
Trading Resuming Date1/1/1900Run (Effective) Date1/1/1900
Corporate Action DetailsDistribute 20% cash dividends as agreed at the GA held on 15/03/2017
Year2016Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/7/2016Ex-Dividend Date3/8/2016
Register Closing (Settlement) Date3/9/2016Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 20% cash dividends as agreed at the GA held on 28/02/2016
Year2016Corporate Action Typecash dividends
Last Date For Action Entitlement3/6/2016Ex-Dividend Date3/7/2016
Register Closing (Settlement) Date3/8/2016Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 20% cash dividends as agreed at the GA held on 28/02/2016.
Year2015Corporate Action TypeCash Dividends
Last Date For Action Entitlement11/3/2015Ex-Dividend Date12/3/2015
Register Closing (Settlement) DateNot AvailableTrading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 25% cash dividends as agreed at the AGM held on 04/03/2015
Year2015Corporate Action TypeBonus Shares
Last Date For Action Entitlement11/3/2015Ex-Dividend Date12/3/2015
Register Closing (Settlement) DateNot AvailableTrading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsIssue 25% bonus shares as agreed at the AGM held on 04/03/2015 leading the number of shares reaches 2,802,733,968
Year2014Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/12/2014Ex-Dividend Date3/13/2014
Register Closing (Settlement) DateNot AvailableTrading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 30% cash dividends as agreed at the AGM held on 05/03/2014
Year2014Corporate Action TypeBonus Shares
Last Date For Action Entitlement3/12/2014Ex-Dividend Date3/13/2014
Register Closing (Settlement) DateNot AvailableTrading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsIssue 10% bonus shares as agreed at the AGM held on 05/03/2014 leading the number of shares reaches 2,242,187,173
Year2013Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/20/2013Ex-Dividend Date3/21/2013
Register Closing (Settlement) Date3/24/2013Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 30% cash dividends as agreed at the AGM held on 13/03/2013
Year2012Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/21/2012Ex-Dividend Date3/22/2012
Register Closing (Settlement) Date3/25/2012Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 20% cash dividends as agreed at the AGM held on 14/03/2012.
Year2012Corporate Action TypeBonus Shares
Last Date For Action Entitlement3/21/2012Ex-Dividend Date3/22/2012
Register Closing (Settlement) Date3/25/2012Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsIssue 5% bonus shares as agreed at the AGM held on 14/03/2012 leading the number of shares reaches 2,038,351,976
Year2011Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/23/2011Ex-Dividend Date3/24/2011
Register Closing (Settlement) Date3/27/2011Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 20% cash dividends as agreed at the AGM held on 16/03/2011.
Year2010Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/3/2010Ex-Dividend Date3/4/2010
Register Closing (Settlement) Date3/7/2010Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date3/25/2010
Corporate Action DetailsDistribute 15% cash dividends as agreed at the AGM held on 24/02/2010.
Year2010Corporate Action TypeBonus Shares
Last Date For Action Entitlement3/3/2010Ex-Dividend Date3/4/2010
Register Closing (Settlement) Date3/7/2010Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date3/8/2010
Corporate Action DetailsIssue 10% bonus shares as agreed at the AGM held on 24/02/2010 leading the number of shares reaches 1,941,287,597
Year2009Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/25/2009Ex-Dividend Date3/26/2009
Register Closing (Settlement) Date3/29/2009Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date4/20/2009
Corporate Action DetailsDistribute 15% cash dividends as agreed at the AGM held on 18/03/2009.
Year2009Corporate Action TypeBonus Shares
Last Date For Action Entitlement3/25/2009Ex-Dividend Date3/26/2009
Register Closing (Settlement) Date3/29/2009Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date3/29/2009
Corporate Action DetailsIssue 25% bonus shares as agreed at the AGM held on 18/3/2009 leading the number of shares reaches 1,764,806,906
Year2008Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/5/2008Ex-Dividend Date3/6/2008
Register Closing (Settlement) Date3/9/2008Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 30% cash dividends as agreed in their AGM held on 27/02/2008.
Year2008Corporate Action TypeBonus Shares
Last Date For Action Entitlement3/5/2008Ex-Dividend Date3/6/2008
Register Closing (Settlement) Date3/9/2008Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date3/6/2008
Corporate Action DetailsIssue bonus shares in the ratio of (25%) activated as agreed at the Annual General Meeting held on 27/02/2008. Number of shares becomes 1,411,845,525.00 share
Year2007Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/1/2007Ex-Dividend Date3/4/2007
Register Closing (Settlement) Date3/5/2007Trading Suspension DateNot Available
Trading Resuming Date3/4/2007Run (Effective) DateNot Available
Corporate Action DetailsDistribute 45% cash dividends as agreed at the AGM held on 21/02/2007
Year2006Corporate Action TypeBonus Shares
Last Date For Action Entitlement2/23/2006Ex-Dividend Date2/25/2006
Register Closing (Settlement) Date2/26/2006Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date2/26/2006
Corporate Action DetailsIssue bonus shares in the ratio of (30%) activated as agreed at the Annual General Meeting held on 15/02/2006. Number of shares becomes 815,732,970.
Year2005Corporate Action TypeCash Dividends
Last Date For Action Entitlement2/15/2005Ex-Dividend Date2/16/2005
Register Closing (Settlement) Date2/17/2005Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date2/25/2005
Corporate Action DetailsA cash Dividends of 30% was decided in AGM meeting dated 9/2/2005
Year2005Corporate Action Type Stock Split
Last Date For Action Entitlement9/27/2005Ex-Dividend Date9/28/2005
Register Closing (Settlement) Date9/29/2005Trading Suspension Date9/28/2005
Trading Resuming Date10/1/2005Run (Effective) Date9/29/2005
Corporate Action DetailsStock Split in the ratio of ten shares for every one share held is activated as agreed at the Extraordinary Meeting held on 21/09/2005. Number of shares becomes 627,486,900
Year2005Corporate Action TypeBonus Shares
Last Date For Action Entitlement2/15/2005Ex-Dividend Date2/16/2005
Register Closing (Settlement) Date2/17/2005Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date2/17/2005
Corporate Action DetailsIssue bonus shares in the ratio of 15shares for every one hundred shares held is activated as agreed at the Extraordinary Meeting held on 9/2/2005. Number of shares becomes 62,748,690
Year2004Corporate Action TypeCash Dividends
Last Date For Action Entitlement2/28/2004Ex-Dividend Date2/29/2004
Register Closing (Settlement) Date3/1/2004Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date3/7/2004
Corporate Action DetailsAs Decided in AGM dated 18/2/2004
Year2004Corporate Action TypeBonus Shares
Last Date For Action Entitlement2/28/2004Ex-Dividend Date2/29/2004
Register Closing (Settlement) Date3/1/2004Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date3/2/2004
Corporate Action DetailsIssue bonus shares in the ratio of one share for every ten shares held is activated as agreed at the Extraordinary Meeting held on 18/2/2004. Number of shares becomes 54,564,079.
Disclaimer
  • Ownership percentage is subject to change based on several reasons including the following:
    1. Trading activity.
    2. Off-Market Transactions such as family and inheritance transfers.
    3. Changes in the nationality status of investors.
    4. Securities deposits and withdrawals to and from DFM for Dual listed companies.
    5. Capital increase by issuing new shares to a strategic investor.
    6. Converting Bonds into shares.
    7. Equity added to the equity of the associated group.
    8. Direct Deals.

 

Percentages are updated daily after 4 pm
Disclaimer
The above published Ownership Percentages:
  • Are updated daily at the end of every trading day based on date of trade and not settlement date.

  • The ownership percentages are rounded off to 2 decimal places

  • Ownership percentages are subject to change due to the following:

    1. Trading activities.

    2. Off-Market Transactions such as family and inheritance transfers.

    3. Changes in the nationality status of investors.

    4. Securities deposits and withdrawals to and from DFM for Dual listed companies.

    5. Capital increases, by issuing new shares to Strategic investor

    6. Converting bonds or Sukuk into shares.

    7. Changes of associated group’s ownership.

    8. Direct Deals. (The ownership percentage is changed immediately after the execution of the deal).

    9. Failed trade settlement.


DISCLAIMER

The information provided in this document is only available in Arabic due to the (Dubai court attestations only being in Arabic herein after referred thereto as (“Information”) is provided by way of general information and comment only. While reasonable care has been taken in producing this Information, changes in circumstances may occur at any time and may impact on the accuracy of the Information. The Information does not constitute professional advice or provision of any kind of services and should not be relied upon as such.  Dubai Financial Market (“DFM”) and/or its affiliates, officers or employees,  does not give any warranty or representation as to the accuracy, reliability, timeliness or completeness of the Information now or in the future. DFM shall not be liable for any loss suffered, directly or indirectly by any person acting in reliance upon the Information contained herein. 


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