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Al Sagr National Insurance Company

ASNIC

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Open Price	Closing Price	Previous Price	Change (%)	High	Low

Buy (Price)	Buy (Volume)	Sell (Price)	Sell (Volume)	52 High	52 Low
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Last Trade			Number of Trades	Volume	Value
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Market: DFM
Symbol: ASNIC
ISIN: AEA002101011
Sector: Insurance

Company Brief

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

Al-Sagr National Insurance Company (Public Shareholding Company), Dubai (the “Company”) was incorporated on 25 December 1979 as a public shareholding company by an Emiri Decree from His Highness, The Ruler of Dubai, and is registered with the Ministry of Economy of the United Arab Emirates under registration No. (16). The principal activity of the Company is writing of insurance of all types. The Company operates through its Head Office in Dubai and its branches in Dubai, Sharjah, Abu Dhabi, Al Ain, Ras Al Khaima and Ajman in the U.A.E.

Key Facts

Board Members

Top Management

Equity Profile

Subsidiaries

Contact Details

Head Office:

Dubai

Address:

Al Sagr Insurance Building
Diplomatic Area, Al Seef Road, Bur Dubai

Phone No.

+971 4 3968440

Fax No.
+971 4 3968442

Email address:

asnic@alsagrins.ae

Website:

http://www.alsagrins.ae/

Showing Last 10 Disclosures - ASNIC View all

ASNIC 14-02-2019 02:23 AM Preliminary financial results for the year of 2018	1 File(s)
ASNIC 07-02-2019 08:11 AM Results of BOD meeting	1 File(s)
ASNIC 30-01-2019 02:48 AM BOD meeting	1 File(s)
ASNIC 21-11-2018 02:49 AM Results of BOD meeting	1 File(s)
ASNIC 15-11-2018 02:28 AM BOD meeting	1 File(s)
ASNIC 14-11-2018 09:22 AM Financial statements for the 3rd QTR of 2018	1 File(s)
ASNIC 30-09-2018 11:02 AM Financial statements for the 3rd QTR of 2018	1 File(s)
ASNIC 27-09-2018 08:25 AM Results of BOD meeting	1 File(s)
ASNIC 23-09-2018 03:00 AM BOD meeting	1 File(s)
ASNIC 19-08-2018 02:26 AM Results of BOD meeting	1 File(s)

Showing Last 10 Issuer News - ASNIC View all

No data could be found.

Showing Last 10 Financial Reports - ASNIC View all

ASNIC 30-09-2018 11:02 AM Financial statements for the 3rd QTR of 2018	1 File(s)
ASNIC 14-08-2018 08:38 AM Financial statements for the 2nd QTR of 2018	1 File(s)
ASNIC 16-05-2018 08:22 AM Financial statements for the 1st QTR of 2018	1 File(s)
ASNIC 31-12-2017 10:30 AM Financial statements for the year of 2017	1 File(s)
ASNIC 30-09-2017 10:30 AM Financial statements for the 3rd QTR of 2017	1 File(s)
ASNIC 30-06-2017 10:30 AM Financial statements for the 2nd QTR of 2017	1 File(s)
ASNIC 16-05-2017 07:51 AM Financial statements for the 1st QTR of 2017	1 File(s)
ASNIC 01-03-2017 10:30 AM Financial statements for the year of 2016	1 File(s)
ASNIC 30-09-2016 10:30 AM Financial statements for the 3rd QTR of 2016	1 File(s)
ASNIC 30-06-2016 01:35 AM Financial statements for the 2nd QTR of 2016	1 File(s)

Showing Last 10 General Meetings - ASNIC View all

Apr 18, 2018 08:57:00 AM - ASNIC - Resolutions of General Assembly

Meeting Date/Time	Apr 17, 2018 12:00:00 PM	Type of Meeting	General Assembly
Net Profit/Loss	20123727	Cash Dividend	5
Bonus Share
Announcements/Resolutions	1- Approval of the Directors’ report concerning the activities and financial position of the company for the year ended 31 December 2017. 2- Approval of theAuditors’ report for the year ended 31 December 2017. 3- Approval of thefinancial statements of the company for the year ended 31 December 2017. 4- Approved the proposal of the board of directors regarding the distribution of cash dividend of 5% of paid capital at AED 5 fils per share - Last date of dividend entitlement: Wednesday 25/04/2018. - EX-Dividend date :Thursday 26/04/2018. - Register closing settlement date: Sunday 29/04/2018. 5- Approved theremuneration of the board of directors. 6- Discharge thedirectors from their liabilities for the financial year ending 31/12/2017. 7- Discharge theAuditors from their liabilities for the financial year ending 31/12/2017. 8- Re-appointmentthe auditors(KPMG Lower Gulf Limited for the year 2018 and determine their remuneration.
Last Date For Dividend Entitlement	Wednesday, April 25, 2018	Ex-Dividend Date	Thursday, April 26, 2018
Register Closing (Settlement) Date	Sunday, April 29, 2018	Trading Suspension Date
Trading Resuming Date		Dividends Payment Date	Thursday, May 17, 2018
Payment Entity	DFM	Meeting Venue	Al Sagr Head Office

Apr 25, 2017 12:39:00 PM - ASNIC - Resolutions of General Assembly

Meeting Date/Time	Apr 25, 2017 12:00:00 PM	Type of Meeting	General Assembly
Net Profit/Loss	20719692	Cash Dividend	5
Bonus Share
Announcements/Resolutions	1- Approval of the Directors’ report concerning the activities and financial position of the company for the year ended 31 December 2016 2- Approval of the Auditors’ report for the year ended 31 December 2016 3- Approval of the financial statements of the company for the year ended 31 December 2016 4- Approved the proposal of the board of directors regarding the distribution of cash dividend of 5% of paid capital at AED 5 fils per share - Last date of dividend entitlement: Wednesday 03/05/2017 - EX-Dividend date: Thursday 04/05/2017 - Register closing settlement date: Sunday 07/05/2017 5- Approved the remuneration of the board of directors 6- Discharge the directors from their liabilities for the financial year ending 31/12/2016 7- Discharge the Auditors from their liabilities for the financial year ending 31/12/2016 8- Re-appointment the auditors (KPMG Lower Gulf Limited for the year 2017 and determine their remuneration. 9- The president of the General Meeting has received a suggestion from 2 shareholders that own more than 10% of the capital as hereunder: - Transfer an amount of AED 100,000,000 (Hundred Million Dirhams) from the general reserve to the Retained Earning, the resolution approved, subject to the approval of the concerned Authority 10- The below mentioned members has been elected to the company’s Board of Directors to serve the new term (2017-2018-2019) - Mr. Majid Abdullah Al Sari - Mr. Khalid Abdullah Taryam - Mr. Amjad Yousri Al Dwaik - Mr. .Mohamad Ali Al Sari - Mr. Sami Shakhshir
Last Date For Dividend Entitlement	Wednesday, May 03, 2017	Ex-Dividend Date	Thursday, May 04, 2017
Register Closing (Settlement) Date	Sunday, May 07, 2017	Trading Suspension Date
Trading Resuming Date		Dividends Payment Date	Monday, May 22, 2017
Payment Entity	Dubai Financial Market	Meeting Venue	Al Sagr Head Office

Apr 25, 2016 06:30:00 PM - ASNIC - Resolutions of its General Assembly

Meeting Date/Time	Apr 25, 2016 12:00:00 PM	Type of Meeting	Annual General Meeting
Net Profit/Loss	-105033166	Cash Dividend
Bonus Share
Announcements/Resolutions	Approval of the Directors’ report concerning the activities and financial position of the company for the year ended 31 December 2015 Approval of the Auditors’ report for the year ended 31 December 2015 Approval of the financial statements of the company for the year ended 31 December 2015 Discharge the directors from their liabilities for the financial year ending 31/12/2015 Discharge the Auditors from their liabilities for the financial year ending 31/12/2015 Re-appointment the auditors(KPMG Lower Gulf Limited for the year 2016 and determine their remuneration. Special Resolution :Approval of the company’s amended Article of Association to comply with provisions of Federal Law No.2 of 2015 concerning commercial companies ,subject to the regulatory approval Special Resolution : changing the number of board members to be 5 members
Last Date For Dividend Entitlement		Ex-Dividend Date
Register Closing (Settlement) Date		Trading Suspension Date
Trading Resuming Date		Dividends Payment Date
Payment Entity		Meeting Venue	Al Sagr Head Office

Apr 27, 2015 04:00:00 PM - ASNIC - Resolutions of its AGM

Meeting Date/Time	Apr 27, 2015 12:30:00 PM	Type of Meeting	Annual General Meeting
Net Profit/Loss	56,101,489.00	Cash Dividend	10%
Bonus Share
Announcements/Resolutions	approved the board's report on the company's activities for the year ended 31/12/2014 approved the Auditor's report for the year ended 31/12/2014 approved the company's Balance Sheet & Income statement for the year ended 31/12/2014 approved the board of director's recommendation to distribute 10% from paid capital as cash dividend and remuneration of AED 600,000/- to the board members absolved the members of the board of directors and the auditors from responsibilities for the financial year ended 31/12/2014 reappointed M/s. KPMG as auditors for the financial year 2015
Last Date For Dividend Entitlement	Tuesday, May 05, 2015	Ex-Dividend Date	Wednesday, May 06, 2015
Register Closing (Settlement) Date	Thursday, May 07, 2015	Trading Suspension Date
Trading Resuming Date		Dividends Payment Date	Wednesday, May 27, 2015
Payment Entity	شركة الصقر الوطنية للتأمين	Meeting Venue	Al Sagr Head office ,Bur Dubai

May 01, 2013 02:45:00 PM - ASNIC - AGM resolutions 2013

Meeting Date/Time	Apr 30, 2013 05:30:00 PM	Type of Meeting	Annual General Meeting
Net Profit/Loss	29,337,121.00	Cash Dividend	7.5%
Bonus Share	0%
Announcements/Resolutions	The ratification of the report of the Governing Council on the activities of the company and its financial position for the financial year ended 31/12/2012 The ratification of the auditors' report for the year 2012 The ratification of the company's balance sheet and profit and loss account for the year 2012 The ratification of the Board's proposals on dividend by 7.5% Adoption set Mr. / Sapmon Philip representative of the company Gulf General Investments instead of resigning member Mr. / Abdullah Juma secret the former Chairman of the Board Adoption of the appointment of Mr. / Majed Abdullah secret Chairman of the Board Discharge of the members of the Board of Directors and auditors for the financial year ended 31/12/2012 Assigned to the company's auditors for the financial year 2013 and determine their fees
Last Date For Dividend Entitlement	Wednesday, May 08, 2013	Ex-Dividend Date	Thursday, May 09, 2013
Register Closing (Settlement) Date	Sunday, May 12, 2013	Trading Suspension Date
Trading Resuming Date		Dividends Payment Date
Payment Entity		Meeting Venue	The company's headquarters

Apr 25, 2012 11:59:00 AM - asnic - Announces the resolutions of its Annual General Meeting held on 23/04/2012

Meeting Date/Time	Apr 23, 2012 05:00:00 PM	Type of Meeting	Annual General Meeting
Net Profit/Loss	9,557,156.00 AED	Cash Dividend	5%
Bonus Share	N/A
Announcements/Resolutions	Approved the Board of Directors report on the activity of the company and its financial position for the financial year ended 31/12/2011 Ratification of the auditors' report and financial statements for the financial year ended 31/12/2011 Approved the balance sheet and profit and loss account for the financial year ended 31/12/2011 Approved the dividend by 5% of the capital of the company ended 31/12/2011 Discharged the members of the Board of Directors and Auditors for the financial year ended 31/12/2011 Re-appointment of auditors for the year 2012 and determine their fees.
Last Date For Dividend Entitlement	01/05/2012	Ex-Dividend Date	02/05/2012
Register Closing (Settlement) Date	03/05/2012	Trading Suspension Date	N/A
Trading Resuming Date	N/A	Dividends Payment Date
Payment Entity		Meeting Venue	The company's headquarters – AL Hilal building - Al Garhoud Main Street - Dubai

Jul 13, 2011 01:02:00 PM - asnic - Announces the resolutions of its Annual General Meeting held on 01/05/2011

Meeting Date/Time	May 01, 2011 05:00:00 PM	Type of Meeting	Annual General Meeting
Net Profit/Loss	30,051,772.00 AED	Cash Dividend	N/A
Bonus Share	N/A
Announcements/Resolutions	الموافقة 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 - الموافقة على عدم توزيع أرباح عن السنة المالية المنهية في 31/12/2010 - إبراء ذمة أعضاء مجلس الإدارة والمدققين من المسؤولية عن السنة المالية المنتهية في 31/12/2010 – الموافقة على إعادة تعيين مدققين الحسابات للسنة المنتهية 31/12/ 2011 و تحديد أتباعهم -الموافقة على إعادة انتخاب أعضاء مجلس الإدارة لثلاثة سنوات
Last Date For Dividend Entitlement	N/A	Ex-Dividend Date	N/A
Register Closing (Settlement) Date	N/A	Trading Suspension Date	N/A
Trading Resuming Date	N/A	Dividends Payment Date	N/A
Payment Entity	N/A	Meeting Venue	Company’s main building

May 18, 2010 08:44:00 AM - asnic - Announces the resolutions of its Extraordinary Meeting held on 27/04/2010

Meeting Date/Time	Apr 27, 2010 05:00:00 PM	Type of Meeting	Extraordinary Meeting
Net Profit/Loss	AED 30,051,772	Cash Dividend
Bonus Share
Announcements/Resolutions	- Approved the necessary amendments on Memorandum of Association
Last Date For Dividend Entitlement		Ex-Dividend Date
Register Closing (Settlement) Date		Trading Suspension Date
Trading Resuming Date		Dividends Payment Date
Payment Entity		Meeting Venue	Company’s main building

May 18, 2010 08:42:00 AM - asnic - Announces the resolutions of its Annual General Meeting held on 27/04/2010

Meeting Date/Time	Apr 27, 2010 05:00:00 PM	Type of Meeting	Annual General Meeting
Net Profit/Loss	AED 30,051,772	Cash Dividend
Bonus Share
Announcements/Resolutions	- Approved the report of the BOD & the auditor’s report for the year ended 31/12/2009 - Approved balance sheet and the Income Statement of the company for the year ended 31/12/2009 - Absolved the members of the Board of Directors and the auditors from responsibilities for the year ended 31/12/2009 – Approved to re-appoint auditors for the Financial Year 2010 and approved their fees
Last Date For Dividend Entitlement		Ex-Dividend Date
Register Closing (Settlement) Date		Trading Suspension Date
Trading Resuming Date		Dividends Payment Date
Payment Entity		Meeting Venue	Company’s main building

Apr 12, 2009 12:22:00 PM - asnic - Announces the resolutions of its Annual General Meeting held on 22/03/2009

Meeting Date/Time	Mar 22, 2009 05:00:00 PM	Type of Meeting	Annual General Meeting
Net Profit/Loss	AED 42,473,000	Cash Dividend
Bonus Share	15%
Announcements/Resolutions	- Approved the report of the BOD & the auditor’s report for the year ended 31/12/2008 - Approved balance sheet and the Income Statement of the company for the year ended 31/12/2008 - Approved issuing 15% bonus shares - Absolved the members of the Board of Directors and the auditors from responsibilities for the year ended 31/12/2008 – Approved to re-appoint auditors for the Financial Year 2009 and approved their fees
Last Date For Dividend Entitlement	30/ March /2009	Ex-Dividend Date	31/ March /2009
Register Closing (Settlement) Date	01/ April /2009	Trading Suspension Date	N/A
Trading Resuming Date	N/A	Dividends Payment Date	02/April/2009
Payment Entity	N/A	Meeting Venue	Company’s main building

Top ShareholdersLast Refreshed at: 19 March 2019

Individual Investors

Shareholders	Percentage
الشركه الخليجيه للاستثمارات العامه	47.08%
شركه الشرق الادنى للاستثمار	8.75%
انماء الامارات للتجاره العامه ذ.ذ.م	7.50%
KHALID ABDULLA OMRAN TARYAM	5.01%
AYMAN MOHAMEDYOSRI MAHMOUD ALDUWAIK	5.00%
AMJAD MOHAMED YUSRI MAHMOUD ALDWAIK	5.00%

1 EN

1

Article of Association - 0001

Foreign Investments View all

	National		GCC		Foreign
Country of Origin	Actual	Permitted	Actual	Permitted	Actual	Permitted	As of Date:
AE	100%	100%	%	%	%	%	19-03-2019

Showing Last 10 Corporate Governance Reports - ASNIC View all

EN
03-04-2018
ASNIC - CGR 2017
EN
02-04-2017
ASNIC_CGR 2016
EN
31-12-2015
Corporate Governance Report - ASNIC 2015
EN
01-01-2013
Corporate Governance Report ASNIC 2013

Showing Corporate Actions - ASNIC View all

April 25, 2018 - Cash Dividends

Year	2018	Corporate Action Type	Cash Dividends
Last Date For Action Entitlement	4/25/2018	Ex-Dividend Date	4/26/2018
Register Closing (Settlement) Date	4/29/2018	Trading Suspension Date	Not Available
Trading Resuming Date	Not Available	Run (Effective) Date	Not Available
Corporate Action Details	Distribute 5% cash dividends as agreed at the GA held on 17/04/2018

May 3, 2017 - Cash Dividends

Year	2017	Corporate Action Type	Cash Dividends
Last Date For Action Entitlement	5/3/2017	Ex-Dividend Date	5/4/2017
Register Closing (Settlement) Date	5/7/2017	Trading Suspension Date	Not Available
Trading Resuming Date	Not Available	Run (Effective) Date	Not Available
Corporate Action Details	Distribute 5% cash dividends as agreed at the GA held on 25/04/2017

May 5, 2015 - Cash dividends

Year	2015	Corporate Action Type	Cash dividends
Last Date For Action Entitlement	5/5/2015	Ex-Dividend Date	5/6/2015
Register Closing (Settlement) Date	5/7/2015	Trading Suspension Date	4/27/2015
Trading Resuming Date	4/27/2015	Run (Effective) Date	Not Available
Corporate Action Details	Distribute 10% cash dividends as agreed at the AGM held on 27/04/2015

May 5, 2014 - Cash dividends

Year	2014	Corporate Action Type	Cash dividends
Last Date For Action Entitlement	5/5/2014	Ex-Dividend Date	5/6/2014
Register Closing (Settlement) Date	5/7/2014	Trading Suspension Date	Not Available
Trading Resuming Date	Not Available	Run (Effective) Date	Not Available
Corporate Action Details	Distribute 7.5% cash dividends as agreed at the AGM held on 27/04/2014

May 1, 2012 - Cash Dividends Distribution

Year	2012	Corporate Action Type	Cash Dividends Distribution
Last Date For Action Entitlement	5/1/2012	Ex-Dividend Date	5/2/2012
Register Closing (Settlement) Date	5/3/2012	Trading Suspension Date	Not Available
Trading Resuming Date	Not Available	Run (Effective) Date	Not Available
Corporate Action Details	Distribute 5 % cash dividends as agreed at the AGM held on 23/04/2012

March 31, 2009 - Bonus Shares Issue

Year	2009	Corporate Action Type	Bonus Shares Issue
Last Date For Action Entitlement	3/31/2009	Ex-Dividend Date	3/31/2009
Register Closing (Settlement) Date	4/1/2009	Trading Suspension Date	Not Available
Trading Resuming Date	Not Available	Run (Effective) Date	4/2/2009
Corporate Action Details	Issue 15% bonus shares as agreed at the AGM held on 22/3/2009 leading the number of shares reaches 230,000,000

May 14, 2008 - 50% Capital Increase

Year	2008	Corporate Action Type	50% Capital Increase
Last Date For Action Entitlement	5/14/2008	Ex-Dividend Date	5/15/2008
Register Closing (Settlement) Date	5/18/2008	Trading Suspension Date	Not Available
Trading Resuming Date	Not Available	Run (Effective) Date	Not Available
Corporate Action Details	EGM decision dated 30/04/2006, without premium

April 16, 2008 - Bonus Shares Issue

Year	2008	Corporate Action Type	Bonus Shares Issue
Last Date For Action Entitlement	4/16/2008	Ex-Dividend Date	4/17/2008
Register Closing (Settlement) Date	4/20/2008	Trading Suspension Date	4/9/2008
Trading Resuming Date	4/10/2008	Run (Effective) Date	Not Available
Corporate Action Details	Issue bonus shares in the ratio of (50%) activated as agreed at the Annual General Meeting held on 09/04/2008.

May 6, 2006 - Stock split

Year	2006	Corporate Action Type	Stock split
Last Date For Action Entitlement	5/6/2006	Ex-Dividend Date	5/7/2006
Register Closing (Settlement) Date	5/8/2006	Trading Suspension Date	Not Available
Trading Resuming Date	Not Available	Run (Effective) Date	5/8/2006
Corporate Action Details	Split shares in the ratio of ten shares for every one share is activated as agreed at the Annual General Meeting held on 30/04/2006 . Change of par value from AED 10 to AED1. Number of issued shares becomes 750,000

May 6, 2006 - bouns shares

Year	2006	Corporate Action Type	bouns shares
Last Date For Action Entitlement	5/6/2006	Ex-Dividend Date	5/7/2006
Register Closing (Settlement) Date	5/8/2006	Trading Suspension Date	Not Available
Trading Resuming Date	Not Available	Run (Effective) Date	5/8/2006
Corporate Action Details	Issue bonus shares of 100% as agreed at the Annual General Meeting held on 30/04/2006 . Number of issued shares becomes 50,000,000.

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.

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.

Al Sagr National Insurance Company

Trading Summary -

Trading Summary Chart -

Historical Data

Daily Summary -

Company Brief

Key Facts

Board Members

Top Management

Equity Profile

Subsidiaries

Contact Details

Individual Investors

Disclaimer

Percentages are updated daily after 4 pm

DisclaimerThe above published Ownership Percentages:

DISCLAIMER

DISCLAIMER

Disclaimer
The above published Ownership Percentages: