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DAMAC PROPERTIES DUBAI CO PJSC

DAMAC
3.780
-0.040
-1.050%
Summary Period

Trading Summary -

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Buy (Price) Buy (Volume) Sell (Price) Sell (Volume) 52 High 52 Low
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Daily Summary -

  • Market: DFM
  • Symbol: DAMAC
  • ISIN: AED001301012
  • Sector: Real Estate & Const.

Board Members

CHAIRMAN
Mr. Hussain Ali Habib Sajwani

DEPUTY
Mr. Farooq Mahmood Arjomand

MEMBERS
Mr. John Robertson Wright
Mr. Adil Hassan Taqi
Mr. Yehya Ebrahim Nooriddin Yusuf Noruddin
Mr. Nabeel Youssef 
Mr. Sofyan AlKhatib

Top Management

CFO
Adil Mohd Hassan Taqi

General Manager - Sales
Mr. Ossama Wassim Abbas

Equity Profile

DATE OF LISTING
Jan 12, 2015

SECTOR
Realest. & Construction

AUTHORIZED CAPITAL
6,050,000,000.00 AED

ISSUED SHARES
6,050,000,000

PER VALUE SHARE
1.00 AED

Contact Details

Head Office
Executive Heights, Tecom Area, Dubai

Address
P.O.Box 2195, Dubai – UAE

Phone 
04 373 1002

Fax
04 3732999

Email address
investor.relations@damacgroup.com

Website
www.damacproperties.com

 

 

 

Showing Last 10 Disclosures - DAMAC View all
DAMAC 14-08-2017 08:14 AM

Press release regarding financial results for the first half of 2017

1 File(s)
DAMAC 14-08-2017 08:12 AM

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

2 File(s)
DAMAC 08-08-2017 08:21 AM

BOD meeting to be held by circulation

1 File(s)
DAMAC 01-08-2017 08:49 AM

Press release

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

Financial statements for the 2nd QTR of 2017

1 File(s)
DAMAC 28-06-2017 09:30 AM

Clarification of the news published in media

1 File(s)
DAMAC 28-06-2017 08:08 AM

Results of BOD meeting

1 File(s)
DAMAC 19-06-2017 09:24 AM

BOD meeting

1 File(s)
DAMAC 15-06-2017 02:02 AM

Resolutions of General Assembly

1 File(s)
DAMAC 15-06-2017 09:21 AM

Resolutions of General Assembly

1 File(s)
Showing Last 10 Issuer News - DAMAC View all
DAMAC 22-09-2015 08:25 AM

Press release

1 File(s)
DAMAC 29-01-2015 09:00 AM

Press release regarding DAMAC Real Estate Development Limited "Notice of Results"

1 File(s)
Showing Last 10 Financial Reports - DAMAC View all
No data could be found.
Showing Last 10 General Meetings - DAMAC View all
Meeting Date/TimeJun 14, 2017 02:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss0Cash Dividendn.a
Bonus Sharen.a
Announcements/Resolutions

The Shareholders discussed the sole General Assembly’s Agenda item to elect new directors for the Company Boards. The following were elected as board members:-  


  1.   Mr. Hussain Sajwani (Non-Executive & Non Independent) 

  2.   Mr. Adil Taqi (Executive & Non Independent) 

  3.  Mr. Farooq Arjomand (Non-Executive & Independent( 

  4. Mr. Yahya Nooruddin (Non-Executive & Independent) 

  5. Mr. Sofyan Al Khatib  (Non-Executive & Non Independent) 

  6.  Mr. Nabil Al Yousuf (Non-Executive & Independent )

  7. Mr. John Wright (Non-Executive & Independent



Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueWestin Dubai - Mina El Seyahi
1 File(s)
Meeting Date/TimeApr 16, 2017 05:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss3,694,129,000Cash Dividend25
Bonus Share
Announcements/Resolutions

1. Approval of the Directors’ Report concerning the activities and financial position of the Company for the year ended 31st December 2016;

2. Approval of the Auditors’ Report for the year ending 31 December 2016;

3. Approval of the consolidated financial statement of the Company for the year ending 31 December 2016;

4. Approval of the Board proposal for distribution of cash dividend to shareholders amounting to 25%of the share capital  (being 25 fils per share);

5. Discharge the Directors form their liabilities for the year ending 31 December 2016;

6. Discharge the Auditors form their liabilities for the year ending 31 December 2016;

7. Nominate the Auditor for the year 2017 and determine their remuneration;

8.  Allow the Directors to conduct competitive business(except to selling off plan) as per item 3 of article 152 of the Commercial Company Law;

9. Special Resolution : Approve Board’s recommendation authorizing the Board making donation for social corporate responsibly purpose and to authorize the Board to decided on the beneficial party of the donation subject that such corporate social responsibility donation shall to exceed (2%) of average Company’s net profit during two successive fiscal years (2015/2016) and compliance with Commercial Company Law no 2 of 2015


Last Date For Dividend EntitlementMonday, April 24, 2017Ex-Dividend DateTuesday, April 25, 2017
Register Closing (Settlement) DateWednesday, April 26, 2017Trading Suspension Date
Trading Resuming DateDividends Payment DateWednesday, May 10, 2017
Payment EntityDAMAC Properties Dubai CO PJSCMeeting VenueWestin Dubai - Mina elSeyahi
1 File(s)
Meeting Date/TimeJun 29, 2016 03:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss4,514,830,000 (for financial year 2015)Cash Dividend
Bonus Share
Announcements/Resolutions
  1. To Approve thenomination of Mr. Nabil Alyousuf as independent non-executive director;
  2. To permit the board member to conduct work competing with the company business(except to selling off plan) for a period of one year pursuant to Item 3 of Article 152 of the Commercial Companies Law no. 2 of 2015; and
  3. To approve  the Amended and Restated draftof Company’s Articles of Association
Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueThe Westin Dubai MinalSeyahi - Duabi UAE
1 File(s)
Meeting Date/TimeApr 19, 2016 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss4,514,830,000Cash Dividend15%
Bonus Share
Announcements/Resolutions
  1. Approval of  the Directors’ Report concerning the activities and financial position of the Company for the year ended 31st December 2015;

  2. Approval of the Auditors’ Report for the year ending 31 December 2015;

  3. Approval of the consolidated financial statement of the Company for the year ending 31 December 2015;

  4. Approval of the Board proposal for distribution of cash dividend amounting to 15% of the share capital  (being 15 fils per share);

  5. Approval of the Board of Directors recommendation inrelation to the Board’s remuneration;

  6. Discharge the Directors form their liabilities for the financial year ending 31 December 2015;

  7. Discharge the Auditors form their liabilities for the financial year ending 31 December 2015;

  8. Approval to appoint the Auditors for the year 2016 and determine their remuneration;

  9. Special Resolution:-
    Ratify the socialcontribution made during the financial year 2015 and authorize the Board tomake social contribution during 2016 subject to it not contravening article 242of the UAE Federal Law No. 2 of 2015 which shall not exceed 2% of average netprofit of the Company  during twosuccessive fiscal years (2014/2015)

 

Last Date For Dividend EntitlementWednesday, April 27, 2016Ex-Dividend DateThursday, April 28, 2016
Register Closing (Settlement) DateSunday, May 01, 2016Trading Suspension Date
Trading Resuming DateDividends Payment DateMonday, May 16, 2016
Payment EntityDAMAC Properties Dubai CO PJSCMeeting VenueThe Westin Dubai Mina Seyahi - Duabi UAE
1 File(s)
Meeting Date/TimeSep 15, 2015 07:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss1415713000.00Cash Dividend10%
Bonus Share10%
Announcements/Resolutions


Approval of the Board of Director’s proposal to pay an interim dividend to the shareholders as a cash dividend of 10% of the paid up capital (10 filsper share), and 10% bonus shares.

Last Date For Dividend EntitlementMonday, September 21, 2015Ex-Dividend DateTuesday, September 22, 2015
Register Closing (Settlement) DateSunday, September 27, 2015Trading Suspension Date
Trading Resuming DateDividends Payment DateMonday, October 05, 2015
Payment EntityDAMAC Properties Dubai Co PJSCMeeting VenueWestin Hotel Dubai
1 File(s)
Meeting Date/TimeMar 22, 2015 03:00:00 PMType of MeetingAGM & EGM
Net Profit/Loss3,483,284,000.00Cash Dividend
Bonus Share10%
Announcements/Resolutions

Resolutions of AGM:

1. Approved the Board of Director’s report of the company’s performanceand its financial position for the fiscal year ending 31 December 2014.
2.Approved the external Auditor’s Report for the fiscal year ending 31 December2014.
3.Approved the company’s statement of financial position and Income statement forthe fiscal year ending 31 December 2014.
4.Approved the Board of Directors recommendation to distribute dividends in theform of bonus shares at the value of 10% of the company capital amounting 5Billion dirham.
5.Approved the Re-appointment of M/s Deloitte & Touch (ME) External Auditorsfor the fiscal year 2015 for a fee of AED 430,000. 6. Approved the discharge ofmembers of the Board of Directors and the external auditors from theirliabilities for the fiscal year ending 31 December 2014.

Resolutions of EGM:

1.Approved the Board of Directors recommendation to amend clauses no (20) &(21) & (22) of the company`s amended MOA.

Last Date For Dividend EntitlementMonday, March 30, 2015Ex-Dividend DateTuesday, March 31, 2015
Register Closing (Settlement) DateWednesday, April 01, 2015Trading Suspension Date
Trading Resuming DateDividends Payment DateWednesday, April 01, 2015
Payment EntityDAMAC Properties Dubai Co PJSCMeeting VenueAmwaj Rotana Hotel Dubai
2 File(s)
Top ShareholdersLast Refreshed at: 20 September 2017

Associated Groups

Group NameShareholdersGroup Percentage
HUSSAIN A H SAJWANI
شركه داتا مارك للاستثمارات ذ.م.م 9.25%
شركه بزنس بايونيرز للاستثمار ذ.م.م 9.25%
DUCAT INVEST CO LIMITED 4.50%
SPECIALTY INVEST CO LIMITED 4.50%
MAPLE INVEST CO LIMITED 4.50%
EQUITY INVEST CO LIMITED 4.50%
شركه جينيريشن للاستثمارات ذ.م.م 4.50%
شركه سيفايل للاستثمارات ذ.م.م 4.50%
شركه لينك لاينس للاستثمارات ذ.م.م 4.50%
شركه رويال ديزاين للعقارات ش .ذ.م.م 4.50%
شركه انتيجريتى للاستثمارات ذ.م.م 4.50%
شركه بلو باى للاستثمارات ذ.م.م 4.50%
شركه ويليس للاستثمارات ذ.م.م 4.50%
بريميم انفستمنت ذ.م.م 4.22%
72.22%
  • 1 EN
    1

    Article of Association - DAMAC 0001

Foreign Investments View all
National GCC Arab Other Nationalities
Country of Origin Actual Permitted Actual Permitted Actual Permitted Actual Permitted As of Date:
UAE 57.84% 100% 4.1% 100% 0.21% 49% 37.85% 49% 19-09-2017
Showing Last 10 Corporate Governance Reports - DAMAC View all
  • 29-03-2017

    DAMAC_CGR 2016

  • 31-12-2015

    Corporate Governance Report - DAMAC 2015

Showing Corporate Actions - DAMAC View all
Year2017Corporate Action TypeCash Dividends
Last Date For Action Entitlement4/24/2017Ex-Dividend Date4/25/2017
Register Closing (Settlement) Date4/26/2017Trading Suspension Date1/1/1900
Trading Resuming Date1/1/1900Run (Effective) Date1/1/1900
Corporate Action DetailsDistribute 25% cash dividends as agreed at the GA held on 16/04/2017
Year2016Corporate Action Type
Last Date For Action Entitlement4/27/2016Ex-Dividend Date4/28/2016
Register Closing (Settlement) Date5/1/2016Trading Suspension Date12/31/1999
Trading Resuming Date12/31/1999Run (Effective) Date12/31/1999
Corporate Action DetailsDistribute 15% cash dividends as agreed at the GA held on 19/04/2016
Year2015Corporate Action TypeBonus shares
Last Date For Action Entitlement3/30/2015Ex-Dividend Date3/31/2015
Register Closing (Settlement) Date4/1/2015Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsIssue 10% bonus shares as agreed at the AGM held on 22/03/2014 leading the number of shares reaches 5,500,000,000
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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