• EMAARClarification from the company
  • TAKAFUL-EMResignation of CEO
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01 january 2014
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Home > Issuers > Listed Securities > Securities > Company Profile Page

Al Sagr National Insurance Company

ASNIC
0.000
0.000
0.000%
Summary Period

Trading Summary -

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Historical Data

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Daily Summary -

  • 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

ESTABLISHED

Dec 25, 1979

AUDITOR

Grant Thornton

FISCAL YEAR END

DECEMBER

REGISTRAR

Al Sagr National Insurance Co

Board Members

CHAIRMAN

Mr. Majed Abdulla Juma Al Sari

DEPUTY

Mr. Khalid Abdullah Omran Tariam

MEMBERS

Mr. Amjad Mohd Yusri Al Dweik
Mr. Mohamad Ali Al Sari
Mr. Abdel Muhsen Jaber


 

Top Management



GENERAL MANAGER

Mr.  Abdul Mohsin Jaber

 

Equity Profile

DATE OF LISTING

Dec 5, 2005

SECTOR

Insurance

AUTHORIZED CAPITAL:

230,000,000.00 UAE Dirham

ISSUED SHARES:
230,000,000

PER VALUE SHARE

1.00 UAE Dirham

Subsidiaries

Al Sagr Co-operative Insurance Company Dammam 20.00 %

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
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Showing Last 10 Issuer News - ASNIC View all
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Showing Last 10 Financial Reports - ASNIC View all
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Showing Last 10 General Meetings - ASNIC View all
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Top ShareholdersLast Refreshed at: 21 August 2019

Individual Investors

ShareholdersPercentage
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% % % % % 21-08-2019
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 24, 2019 - Cash dividends
Year2019Corporate Action TypeCash dividends
Last Date For Action Entitlement4/24/2019Ex-Dividend Date4/25/2019
Register Closing (Settlement) Date4/28/2019Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 5% cash dividends as agreed at the GA held on 16/04/2019
April 25, 2018 - Cash Dividends
Year2018Corporate Action TypeCash Dividends
Last Date For Action Entitlement4/25/2018Ex-Dividend Date4/26/2018
Register Closing (Settlement) Date4/29/2018Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 5% cash dividends as agreed at the GA held on 17/04/2018
May 3, 2017 - Cash Dividends
Year2017Corporate Action TypeCash Dividends
Last Date For Action Entitlement5/3/2017Ex-Dividend Date5/4/2017
Register Closing (Settlement) Date5/7/2017Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 5% cash dividends as agreed at the GA held on 25/04/2017
May 5, 2015 - Cash dividends
Year2015Corporate Action TypeCash dividends
Last Date For Action Entitlement5/5/2015Ex-Dividend Date5/6/2015
Register Closing (Settlement) Date5/7/2015Trading Suspension Date4/27/2015
Trading Resuming Date4/27/2015Run (Effective) DateNot Available
Corporate Action DetailsDistribute 10% cash dividends as agreed at the AGM held on 27/04/2015
May 5, 2014 - Cash dividends
Year2014Corporate Action TypeCash dividends
Last Date For Action Entitlement5/5/2014Ex-Dividend Date5/6/2014
Register Closing (Settlement) Date5/7/2014Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 7.5% cash dividends as agreed at the AGM held on 27/04/2014
May 1, 2012 - Cash Dividends Distribution
Year2012Corporate Action TypeCash Dividends Distribution
Last Date For Action Entitlement5/1/2012Ex-Dividend Date5/2/2012
Register Closing (Settlement) Date5/3/2012Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 5 % cash dividends as agreed at the AGM held on 23/04/2012
March 31, 2009 - Bonus Shares Issue
Year2009Corporate Action TypeBonus Shares Issue
Last Date For Action Entitlement3/31/2009Ex-Dividend Date3/31/2009
Register Closing (Settlement) Date4/1/2009Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date4/2/2009
Corporate Action DetailsIssue 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
Year2008Corporate Action Type50% Capital Increase
Last Date For Action Entitlement5/14/2008Ex-Dividend Date5/15/2008
Register Closing (Settlement) Date5/18/2008Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsEGM decision dated 30/04/2006, without premium
April 16, 2008 - Bonus Shares Issue
Year2008Corporate Action TypeBonus Shares Issue
Last Date For Action Entitlement4/16/2008Ex-Dividend Date4/17/2008
Register Closing (Settlement) Date4/20/2008Trading Suspension Date4/9/2008
Trading Resuming Date4/10/2008Run (Effective) DateNot Available
Corporate Action DetailsIssue 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
Year2006Corporate Action TypeStock split
Last Date For Action Entitlement5/6/2006Ex-Dividend Date5/7/2006
Register Closing (Settlement) Date5/8/2006Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date5/8/2006
Corporate Action DetailsSplit 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
Year2006Corporate Action Typebouns shares
Last Date For Action Entitlement5/6/2006Ex-Dividend Date5/7/2006
Register Closing (Settlement) Date5/8/2006Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date5/8/2006
Corporate Action DetailsIssue 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. 


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