• EMAARClarification from the company
  • SHUAANotification from the company
10:00
01 january 2014
Home > Issuers > Listed Securities > Securities > Company Profile Page

Union Properties PJSC

UPP
0.901
-0.018
-1.960%
Summary Period

Trading Summary -

Open Price Closing Price Previous Price Change (%) High Low
Best Buy Best Sell
Buy (Price) Buy (Volume) Sell (Price) Sell (Volume) 52 High 52 Low
Last Trade Number of Trades Volume Value
Date:
Price:
Volume:

Trading Summary Chart -

Daily Summary -

  • Market: DFM
  • Symbol: UPP
  • ISIN: AEU000101011
  • Sector: Real Estate & Const.

Company Brief

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

Union Properties Public Joint Stock Company (“the Company”) was incorporated on 28 October 1993 as a public joint stock company by a United Arab Emirates Ministerial decree.

The principal activities of the Company are investment in and development of properties, the management and maintenance of its own properties including the operation of cold stores, the undertaking of property related services on behalf of other parties (including related parties) and acting as the holding company of its subsidiaries and investing in joint ventures.

The Company and its subsidiaries are collectively referred to as “the Group”. All of the Group’s significant business and investment activities in land, properties, securities and financial derivatives are carried out within the UAE. The Group does not have significant foreign currency exposure towards land, properties, securities and financial derivatives.

Key Facts

ESTABLISHED

Oct 28, 1993

AUDITOR

KPMG

FISCAL YEAR END

DECEMBER

REGISTRAR

Emirates Bank International

Board Members

CHAIRMAN

Mr. Naser Butti Omair Bin Yousef

DEPUTY

H.E Hamad Abdulla Mohamed Abdulla AlMass

MEMBERS 
Mr. Mohamed Abdelaziz Ali Abdalla AlOwais
Mrs. Raja Mohammed Ghanim Saeed AlMazrouei

Top Management

Chief Executive Officer
Mr. Ahmed Yousef Abdulla Hussain Khouri

ACTING GENERAL MANAGER

Mr. Ahmad Khalaf Al Marri

 

Equity Profile

DATE OF LISTING

Mar 26, 2000

SECTOR

Realest. & Construction

AUTHORIZED CAPITAL:

4,289,540,134.00 AED 

ISSUED SHARES

4,289,540,134.00

PER VALUE SHARE

1.00 AED

Subsidiaries

Thermo LLC

UAE

100%

Gulf Mechanical A/C Acoustic Manufacturing (GMAMCO) LLC

UAE

100%

GMAMCO Trading LLC

UAE

100%

GAMAMCO Saudi LLC

KSA

100%

ServeU LLC

UAE

100%

EDARA LLC

UAE

100%

Dubai Autodrome LLC

UAE

100%

The Fitout LLC

UAE

100%

Thermo Saudi LLC

KSA

100%

Thermo OPC

Qatar

100%

 

Joint Venture and Associate

Properties Investment LLC

UAE

30%

Emirates District Cooling LLC

UAE

50%

 

Contact Details

Head Office

DIP, GREEN COMMUNITY, DUBAI

Address

P.O. Box: 24649 Dubai, UAE

Phone No.

+971 4 885 1555

Fax No.

+971 4 885 2666

Email address:

contactus@up.ae

Website

http://www.up.ae

Showing Last 10 Disclosures - UPP View all
UPP 10-10-2017 09:06 AM

Press release

1 File(s)
UPP 13-09-2017 08:44 AM

Press release

1 File(s)
UPP 12-09-2017 08:49 AM

Press release

1 File(s)
UPP 16-08-2017 08:32 AM

Notification from the company

1 File(s)
UPP 15-08-2017 08:09 AM

Interim condensed consolidated financial statements for the 2nd QTR of 2017

2 File(s)
UPP 17-07-2017 07:30 AM

Appointment of new CEO

1 File(s)
UPP 05-07-2017 08:11 AM

Notification from the company

1 File(s)
UPP 30-06-2017 08:03 AM

Financial statements for the 2nd QTR of 2017

1 File(s)
UPP 21-06-2017 09:27 AM

Results of BOD meeting

1 File(s)
UPP 18-06-2017 09:43 AM

BOD meeting

1 File(s)
Showing Last 10 Issuer News - UPP View all
No data could be found.
Showing Last 10 Financial Reports - UPP View all
UPP 30-06-2017 08:03 AM

Financial statements for the 2nd QTR of 2017

1 File(s)
UPP 31-03-2017 10:30 AM

Financial statements for the 1st QTR of 2017

1 File(s)
UPP 01-03-2017 11:27 AM

Financial statements for the year of 2016

1 File(s)
UPP 30-09-2016 11:44 AM

Financial statements for the 3rd QTR of 2016

1 File(s)
UPP 30-06-2016 12:19 AM

Financial statements for the 2nd QTR of 2016

1 File(s)
UPP 12-05-2016 06:27 AM

Financial statements for the 1st QTR of 2016

1 File(s)
UPP 28-04-2016 02:26 AM

Financial statements for the year of 2015

1 File(s)
UPP 10-11-2015 03:19 AM

Financial statements for the 3rd QTR of 2015

1 File(s)
UPP 09-08-2015 03:30 AM

Financial statements for the 2nd QTR of 2015

1 File(s)
UPP 11-05-2015 03:30 AM

Financial statements for the 1st QTR of 2015

1 File(s)
Showing Last 10 General Meetings - UPP View all
Meeting Date/TimeApr 26, 2017 05:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss211,422,000Cash Dividend
Bonus Share8
Announcements/ResolutionsResolved that the Directors’ Report for the Year ended 31 December 2016 is hereby approved.
Resolved that the Report of the Auditors for the Year ending 31 December 2016 is hereby approved.
Resolved that the Consolidated Financial Statements of the Company for year ending 31 December 2016 is hereby approved.
Resolved that the distribution of a bonus share dividend equal to 8% is hereby approved.
Resolved that the Directors’ fees of AED 5 Million for the year 2016 are hereby approved.
Resolved that the Board of Directors be absolved from responsibility for the year ending 31 December 2016 is hereby approved.
Resolved that the Auditors be absolved from responsibility for the year ending 31 December 2016 is hereby approved.
Resolved not to grant approval in terms of Article 152 (3) of the UAE Federal Law No. 2 of 2015 to allow the Chairman of the Board of    Directors and Directors to participate in businesses which might be in competition with the Company’s business is hereby approved.
Resolved that Messrs KPMG be appointed as Auditors of the Company until the conclusion of the next Annual General Assembly Meeting, to  audit the accounts of the Company for the year ending 2017 at a remuneration not to exceed AED 120,000 (Dirhams One Hundred Twenty Thousand only).
Resolved that the following Directors are hereby elected until the conclusion of the Annual General Assembly Meeting to be held in year  2020.
 
Mr. Naser Butti Omair Yousef AlMheiri
 HE. Hamad Abdulla Mohamed Abdulla AlMass
 
Mr. Khalid Jassim Mohd Bin Kalban
 Mr. Ali Fardan Ali AlFardan
 Mr. Mohamed Saif Darwish Ahmed AlKetbi
 Mr. Mohamed Abdelaziz Ali Abdalla AlOwais
 Mrs. Raja Mohammed Ghanim Saeed AlMazrouei





Last Date For Dividend EntitlementWednesday, May 03, 2017Ex-Dividend DateThursday, May 04, 2017
Register Closing (Settlement) DateSunday, May 07, 2017Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueHospitality Suite 4-5, Dubai Autodrome, MotorCity, Dubai
1 File(s)
Meeting Date/TimeAug 25, 2016 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss0Cash Dividend
Bonus Share
Announcements/ResolutionsSpecial Resolutions:

1. Approve for the Company to enter into financing agreement with RAK Bank and Ajman Bank for AED 290 million for the financing of Oia project for a full term of six (6) years.

2. Authorize the board of directors to enter into loans for periods in excess of three years, sell the property of the company or the store, mortgage the company’s movable and immovable properties, discharge the debtors of the company from their obligations, make compromises or agree on arbitration.

3. Adopting an amendment to the Articles of Association by adding the powers of authorizing the board of directors to enter into loans for periods in excess of three years, sell the property of the company or the store, mortgage the company’s movable and immovable properties, discharge the debtors of the company from their obligations, and make promises or agree on arbitration, after obtaining approvals from the relevant authorities.
Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenuePark Hall, Dubai Investments building, Dubai Investment Park, Jebel Ali, Dubai
1 File(s)
Meeting Date/TimeApr 24, 2016 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss434,609,000Cash Dividend
Bonus Share7%
Announcements/Resolutions
  1. Resolved that the Directors’ Report and the Report of the Auditors for the Year ending 31 December 2015 are hereby approved.
  2. Resolved that the Consolidated Financial Statements of the Company for the year ending 31 December 2015 is hereby approved.
  3. Resolved that the distribution of a bonus share dividend equal to 7% is hereby approved.
  4. Resolved that no allocation to be made to any reserves, other than to statutory reserve, from the net profit of the Company and its Subsidiaries for the year ended 31 December 2015 is hereby approved.
  5. Resolved that the Directors’ fee of AED 5M for year 2015 is hereby approved.
  6. Resolved that the Board of Directors be absolved from responsibility for the year ending 31 December 2015.
  7. Resolved that the Auditors be absolved from responsibility for the year ending 31 December 2015 is hereby approved.
  8. Resolved that granting approval in terms of Article 152 (3) of the UAE Federal Law No. 2 of 2015 to allow the Chairman of the Board of Directors and Directors to participate in businesses which might be in competition with the Company’s business is hereby approved.
  9. Resolved that Messrs KPMG be appointed as Auditors of the Company until the conclusion of the next Annual General Assembly Meeting, to audit the accounts of the Company for the year ending 2016 at a remuneration not to exceed AED 120,000 (Dirhams One Hundred Twenty Thousand only).
Special Resolutions:
  1. Resolved to approve amendments to the Company’s Articles of Association to comply with provisions of UAE Federal Law No. 2 of 2015 concerning Commercial Companies by a Committee of the Board of Directors of the company in line with the Securities & Commodities Authority (SCA) prescribed format, subject to obtaining Securities &Commodities Authority and other regulatory approvals.
  2. Resolved that, pursuant to Article 154 of the Commercial Companies Law, the guarantee, given by the Company in favor of Noor Bank in respect of the amounts outstanding under a Murabaha Facility agreement dated 9 December 2015 between Properties Investment LLC (in which the Company owns 50%of the shares) and Noor Bank (the “Murabaha Facility Agreement”) for the full duration of the Murabaha Facility Agreement is hereby approved.
  3. Resolved to approve creating an authorized capital of AED 7 Billion (Dirhams Seven Billion) as stated in Article 5 of the Articles of Association proposed to be amended under item 11 of the agenda of the General Assembly meeting, and authorize the Board of Directors to increase the capital of the company without recourse to the General Assembly.
Last Date For Dividend EntitlementMonday, May 02, 2016Ex-Dividend DateTuesday, May 03, 2016
Register Closing (Settlement) DateWednesday, May 04, 2016Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueDubai Chamber of Commerce and Industry
1 File(s)
Meeting Date/TimeApr 17, 2016 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss434,609Cash Dividend
Bonus Share
Announcements/Resolutions
View the related documents
Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenuePark Hall, Dubai Investments Company
1 File(s)
Meeting Date/TimeOct 11, 2015 04:30:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss158,174,000Cash Dividend
Bonus Share
Announcements/Resolutions
  1. Resolved that the guarantee (the "PI Guarantee") given by the Company dated 2nd August 2015 in favor of Dubai Islamic Bank PJSC("DIB") in respect of 50% of the amounts outstanding under the Murabaha facility agreement dated 2nd   August 2015 between Properties Investment LLC (one of the Company's 50% owned joint venture entities) DIB (the"Murabaha Facility Agreement ") for the full duration of the Murabaha Facility Agreement.

    2. Resolved that the Company's entry into the AED 360,000,000 Shari'a compliant financing arrangements DIB dated 16 July      2014 in connection with the Company's property in Uptown Mirdiff, Dubai (the "Mirdiff Facility"),for the full term of seven      years.


Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueDubai Chamber of Commerce and Industry
1 File(s)
Meeting Date/TimeApr 30, 2015 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss864994000Cash Dividend3%
Bonus Share5%
Announcements/Resolutions

Resolutions adopted at the 22nd Annual General Meeting held on 30thApril 2015.

1.      Resolved that “the Directors’ Report for the year ending 31st December 2014 is hereby approved”. 

2.      Resolved that “the Report of the Auditors for the year ending 31st December 2014 is hereby approved.

3.      Resolved that “the Consolidated Financial Statement of the Company for the year ended 31st December 2014 is hereby approved.

4.      Resolvedthat “the distribution of a  3 % dividend and 5% bonus share dividend is hereby approved”. 

5.      Resolved that “no allocation is to be made to any reserves, other than to statutory reserves, from the net profit of the Company and its Subsidiaries for the year ended 31st December 2014 is hereby approved.

6.     Resolved that “the Board of Directors and the Auditors be absolved from responsibility for the year ended 31st December 2014”.

7.     Resolved that “the Directors fee of AED 5 Million for the year 2014 is hereby approved.

8.     Resolved that “the Directors of the   Board be and hereby granted approval in terms of Article 108 of Federal Law No.8 of 1884 (as amended) to participate in activities similar to the activities of the Company”.

9.     Resolved that “M/s KPMG be appointed as Auditors of the company until the conclusion of the next Annual General Meeting, to audit the accounts of the Union Properties Co. and its subsidiaries for the year 2015 at fees not to exceed AED719,000.00 (Only Seven Hundred Nineteen Thousand )”.

 

Last Date For Dividend EntitlementWednesday, May 06, 2015Ex-Dividend DateThursday, May 07, 2015
Register Closing (Settlement) DateSunday, May 10, 2015Trading Suspension Date
Trading Resuming DateDividends Payment DateSunday, May 17, 2015
Payment EntityDFMMeeting VenueDubai Chamber of Commerce and Industry
1 File(s)
Meeting Date/TimeApr 11, 2013 05:00:00 PMType of MeetingExtraordinary Meeting
Net Profit/Loss175,789,000.00Cash Dividend
Bonus Share
Announcements/Resolutions

 Resolved that the Initial Warranty and Subordination Deed in favor of the joint  venture company Emirates District Cooling Emicool LLC for a period of one year is hereby approved to be replaced with Initial Warranty and Subordination Deed for a period of nine years from 18 October 0213 to 18 October 2022

 

 Resolved that the loan repayment period that was granted by Abu Dhabi Commercial Bank in  2008 at amount of AED 400 Million is hereby approved to be extended to five years with effect  from 20 August 2012 to 20 August 2017 according to preliminary  approval by the bank

Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueDubai Chamber of Commerce and Industries
1 File(s)
Meeting Date/TimeApr 07, 2013 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss175,789,000.00Cash Dividend
Bonus Share
Announcements/ResolutionsUnder this decides to approve the report of the Governing Council for the financial year ended 31/12/2012
Under this decides to approve on the auditors' report for the financial year ended 31/12/2012
 Whereby decides to approve the company's financial statements for the fiscal year ended 31/12/2012
Whereby decides to approve the recommendation of the Board of Directors not to convert 10% of the net profits to the general reserve for the fiscal year ended 31/12/2012
Decide under this Discharge of the members of the Board of Directors and auditors from liability for the year ended 31/12/2012
Decide under this set Sirs / KPMG auditors for the accounts of Union Real Estate Company and its subsidiaries until the conclusion of the Annual General Meeting following directly, to audit the accounts of the company in 2013 at a fee not to exceed 796 thousand dirhams
Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueDubai Chamber of Commerce and Industries
1 File(s)
Meeting Date/TimeApr 22, 2012 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss(1,569,924,000) AEDCash DividendN/A
Bonus ShareN/A
Announcements/ResolutionsApproved the report of the Board of Directors and the Auditors' Report on the activity of the company and its financial position for the year ended 31/12/2011- Approved the consolidated financial statements of the Company for the financial year ended 31/12/2011- Discharge of the members of the board of directors and auditors of the responsibility for the financial year ended 31/12/2011- Been appointed auditors of the company in 2012 and determine their fees
Last Date For Dividend EntitlementN/AEx-Dividend DateN/A
Register Closing (Settlement) DateN/ATrading Suspension DateN/A
Trading Resuming DateN/ADividends Payment Date
Payment EntityMeeting VenueDubai Chamber - Level 13 - Dubai
1 File(s)
Meeting Date/TimeApr 22, 2011 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/LossAED (1,529,277,000)Cash Dividend
Bonus Share
Announcements/Resolutionsالموافقة على تقرير مجلس الإدارة و تقرير مراجعين الحسابات عن السنة المالية المنتهية في 31/12/2010 - الموافقة على الميزانية العمومية و حساب الأرباح و الخسائر عن السنة المالية المنتهية في 31/12/ 2010 - إبراء ذمة أعضاء مجلس الإدارة و مدققين الحسابات من المسؤولية عن السنة المالية المنتهية في 31/12/2010 - الموافقة على تعيين مدققين الحسابات للسنة المنتهية 31/12/2010 و تحديد أتعابهم - الموافقة على استقالة السيد محمد بن حيدر و تعيين السيد سعيد بن دري - الموافقة على انتخاب أعضاء مجلس الإدارة للسنوات الثلاث القادمة
Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueDubai Chamber of Commerce & Industry
Top ShareholdersLast Refreshed at:
  • 2 EN
    2

    Article of Association - UPP 0001

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 81.16% 100% 3.59% 25% 8.73% 25% 6.52% 25% 23-10-2017
Showing Last 10 Corporate Governance Reports - UPP View all
  • 28-03-2017

    UPP_CGR_2016

  • 31-12-2015

    Corporate Governance Report - UPP 2015

  • 01-01-2011

    Corporate Governance Report UPP 2011

Showing Corporate Actions - UPP View all
Year2017Corporate Action TypeBonus Shares
Last Date For Action Entitlement5/3/2017Ex-Dividend Date5/4/2017
Register Closing (Settlement) Date5/7/2017Trading Suspension Date1/1/1900
Trading Resuming Date1/1/1900Run (Effective) Date1/1/1900
Corporate Action DetailsDistribute 8% bonus shares as agreed at the GA held on 26/04/2017
Year2016Corporate Action TypeBonus shares
Last Date For Action Entitlement2/5/2016Ex-Dividend Date3/5/2016
Register Closing (Settlement) Date4/5/2016Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 7% bonus shares as agreed at the GA held on 24/042016
Year2015Corporate Action TypeBonus shares
Last Date For Action Entitlement5/6/2015Ex-Dividend Date5/7/2015
Register Closing (Settlement) Date5/10/2015Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsIssue 5% bonus shares as agreed at the AGM held on 30/04/2015 leading the number of shares reaches 3,711,959,272
Year2015Corporate Action TypeCash dividends
Last Date For Action Entitlement5/6/2015Ex-Dividend Date5/7/2015
Register Closing (Settlement) Date5/10/2015Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistirbute 3% cash dividends as agreed at the AGM held on 30/04/2015
Year2014Corporate Action TypeBonus shares
Last Date For Action Entitlement4/16/2014Ex-Dividend Date4/17/2014
Register Closing (Settlement) Date4/20/2014Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsIssue 5% bonus shares as agreed at the AGM held on 10/04/2014 leading the number of shares reaches 3535199307.00
Year2009Corporate Action TypeBonus Shares Issue
Last Date For Action Entitlement4/28/2009Ex-Dividend Date4/29/2009
Register Closing (Settlement) Date4/30/2009Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date5/3/2009
Corporate Action DetailsIssue 10% bonus shares as agreed at the AGM held on 20/4/2009 leading the number of shares reaches 3,366,856,483
Year2008Corporate Action TypeBonus Shares Issue
Last Date For Action Entitlement4/30/2008Ex-Dividend Date5/1/2008
Register Closing (Settlement) Date5/4/2008Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsIssue bonus shares in the ratio of (10%) activated as agreed at the Annual General Meeting held on 22/04/2008
Year2007Corporate Action Typebonus shares
Last Date For Action Entitlement4/23/2007Ex-Dividend Date4/24/2007
Register Closing (Settlement) Date4/25/2007Trading Suspension Date4/23/2007
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsIssue bonus shares in the ratio of (25%) activated as agreed at the Annual General Meeting & EGM held on 16/04/2007. Number of shares becomes 2,782,526,019.00
Year2006Corporate Action TypeBonus Shares Issue
Last Date For Action Entitlement3/5/2006Ex-Dividend Date3/6/2006
Register Closing (Settlement) Date3/7/2006Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date3/7/2006
Corporate Action DetailsIssue bonus shares in the ratio of (25%) activated as agreed at the Extraordinary Meeting held on 06/03/2006. Number of shares becomes 2,226,020,815.
Year2005Corporate Action TypeStock Consolidation
Last Date For Action Entitlement2/26/2005Ex-Dividend Date2/27/2005
Register Closing (Settlement) Date2/28/2005Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date2/28/2005
Corporate Action DetailsStock Consolidation in the ratio of one share for every ten shares is activated as agreed at the Extraordinary Meeting held on 23/02/2005. Change of par value from AED 10 to AED 1. Number of shares becomes 774,268,110
Year2005Corporate Action TypeBonus Shares
Last Date For Action Entitlement2/26/2005Ex-Dividend Date2/27/2005
Register Closing (Settlement) Date2/28/2005Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date2/28/2005
Corporate Action DetailsIssue bonus shares in the ratio of one share for every one share held is activated as agreed at the Annual General Meeting held on 23/02/2005. Number of shares becomes 890,408,326
Year2004Corporate Action TypeBonus Shares
Last Date For Action Entitlement4/10/2004Ex-Dividend Date4/11/2004
Register Closing (Settlement) Date4/12/2004Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date4/10/2004
Corporate Action DetailsIssue bonus shares in the ratio of one share for every ten shares held is activated as agreed at the Annual General Meeting held on 5/04/2002. Number of shares becomes 77,422,294
Year2003Corporate Action TypeBonus Shares
Last Date For Action Entitlement4/30/2003Ex-Dividend Date5/1/2003
Register Closing (Settlement) Date5/3/2003Trading Suspension Date5/1/2003
Trading Resuming Date5/5/2003Run (Effective) Date5/4/2003
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 26/4/2003. Number of shares becomes 70,388,010
Year2001Corporate Action TypeRight Issue
Last Date For Action EntitlementNot AvailableEx-Dividend DateNot Available
Register Closing (Settlement) DateNot AvailableTrading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date2/7/2001
Corporate Action DetailsThird installment of Rights Issue, which was agreed at the Extraordinary Meeting held on 5/4/2000, is due. No. of shares increases to 63,989,100.
Year2000Corporate Action TypeRight Issue
Last Date For Action EntitlementNot AvailableEx-Dividend DateNot Available
Register Closing (Settlement) DateNot AvailableTrading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date7/8/2000
Corporate Action DetailsSecond installment of Rights Issue, which was agreed at the Extraordinary Meeting held on 5/4/2000, is due. No. of shares increases to 52,460,004.
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. 


DISCLAIMER

Dubai Financial Market herein after referred to as DFM attempts to ensure data and content on the Website is accurate, there is no charge for provision of data and DFM can only devote limited resources to the Website and any data. Content is only made available "AS IS" and on an "AS AVAILABLE" basis and may not always be accurate or up to date. Content may or may not have been prepared by DFM but is made available without responsibility on the part of DFM. DFM does not guarantee the accuracy, timeliness, completeness, performance or fitness for a particular purpose of the Website or any of the content. No responsibility is accepted by or on behalf of DFM for any errors, omissions, or inaccurate content.