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Home > Issuers > Listed Securities > Securities > Company Profile Page

EMAAR MALLS PJSC

EMAARMALLS
1.780
-0.050
-2.730%
Summary Period

Trading Summary -

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Daily Summary -

  • Market: DFM
  • Symbol: EMAARMALLS
  • ISIN: AEE001501015
  • Sector: Real Estate & Const.

Key Facts

ESTABLISHED
Oct 2, 2014

AUDITOR
Ernst and Young

FISCAL YEAR END
December

REGISTRAR
Union National Bank

Board Members

CHAIRMAN
Mr. Mohammed Hadi Ahmed Al Hussaini 

MEMBERS
Mr. Mohamad Ali Rashed Al Abbar
Mr. Ahmed Thani Rashid Al Matrooshi
Mr. Abdullah Saeed Bin Majed Belyoahah
Mr. Helal Saeed Al Marri
Mr. Abdulrahman Hareb Rashid Al Hareb
Mr. Ali Ibrahim Mohamed Ismail

Top Management

CEO
Mr. Patrick Bousquet Chavanne

Equity Profile

DATE OF LISTING
OCT 2, 2014

SECTOR
Realest. & Construction

AUTHORIZED CAPITAL
13,014,300,000.00 AED

ISSUED SHARES
13,014,300,000.00

PER VALUE SHARE
1.00 AED

Subsidiaries

Subsidiaries
EMAAR DUBAI MALLS LLC Dubai - UAE 99.00 %
EMAAR INTERNATIONAL MALLS LLC Dubai - UAE 99.00 %
THE DUBAI MALL (L.L.C.) Dubai - UAE 99.00 %

Contact Details

Head office
Emaar Square, Building 3

Address
Emaar Square, Building 3, Level 4,P.O Box:191741-Dubai- UAE

Phone No.
97143675588

Fax No.
97143675501

Showing Last 10 Disclosures - EMAARMALLS View all
EMAARMALLS 08-08-2018 02:19 AM

Financial statements for the 2nd QTR of 2018

1 File(s)
EMAARMALLS 08-08-2018 02:19 AM

Financial statements for the 2nd QTR of 2018

1 File(s)
EMAARMALLS 29-07-2018 03:10 AM

Press release regarding financial results for the 2nd QTR of 2018

1 File(s)
EMAARMALLS 15-07-2018 02:52 AM

Appointment of CEO

2 File(s)
EMAARMALLS 12-07-2018 08:27 AM

Disclosure of exposure to Abraaj Group Company

1 File(s)
EMAARMALLS 02-05-2018 03:40 AM

Financial statements for the 1st QTR of 2018

1 File(s)
EMAARMALLS 29-04-2018 02:23 AM

Press release regarding financial results for the 1st QTR of 2018

1 File(s)
EMAARMALLS 24-04-2018 08:15 AM

Minutes of General Assembly

1 File(s)
EMAARMALLS 24-04-2018 08:14 AM

Resolutions of General Assembly

1 File(s)
EMAARMALLS 03-04-2018 09:35 AM

Invitation of General Assembly

4 File(s)
Showing Last 10 Issuer News - EMAARMALLS View all
No data could be found.
Showing Last 10 Financial Reports - EMAARMALLS View all
EMAARMALLS 08-08-2018 02:19 AM

Financial statements for the 2nd QTR of 2018

1 File(s)
EMAARMALLS 31-03-2018 03:35 AM

Financial statements for the 1st QTR of 2018

1 File(s)
EMAARMALLS 31-12-2017 10:34 AM

Financial statements for the year of 2017

1 File(s)
EMAARMALLS 30-09-2017 02:17 AM

Financial statements for the 3rd QTR of 2017

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

Financial statements for the 2nd QTR of 2017

1 File(s)
EMAARMALLS 14-05-2017 02:39 AM

Financial statements for the 1st QTR of 2017

1 File(s)
EMAARMALLS 31-12-2016 02:49 AM

Financial statements for the year of 2016

1 File(s)
EMAARMALLS 30-09-2016 10:30 AM

Financial statements for the 3rd QTR of 2016

1 File(s)
EMAARMALLS 30-06-2016 12:50 AM

Financial statements for the 2nd QTR of 2016

1 File(s)
EMAARMALLS 01-05-2016 01:54 AM

Financial statements for the 1st QTR of 2016

1 File(s)
Showing Last 10 General Meetings - EMAARMALLS View all
Meeting Date/TimeApr 23, 2018 05:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss2,085,828,000Cash Dividend10
Bonus Share
Announcements/Resolutions

1.                 To approve the report of the Board of Directors on the activities of the Company and its financial position, the report of the auditors, and the consolidated financial statements of the Company for the year ending 31st December 2017.

 

2.                 To distribute to theshareholders cash dividends totaling AED 1,301,430,000 (One Billion ThreeHundred One Million Four Hundred Thirty Thousand Dirhams) representing 10% ofthe capital being 10 Fils per share for the fiscal year ending 31st December2017.

 

3.                 To approve payment of bonusto the members of the Board of Directors for the fiscal year ending on 31stDecember 2017 amounting to AED 650,000 (Six Hundred Fifty Thousand Dirhams) foreach Board member (including the Vice-Chairman), and a bonus of AED 1,000,000 (OneMillion Dirhams) to the Chairman of the Board of Directors for the year 2017.

 

4.                 To discharge the members ofthe Board of Directors of the Company from liability for the fiscal year ending31st December 2017.

 

5.                 To discharge the auditorsof the Company from liability for the fiscal year ending 31st December2017.

 

6.                 To appoint Ernst &Young as external auditors for the Company for the year 2018 and to determine andapprove their annual fees amounting to AED 204,000.

 

7.                 To permit the Board membersto carry out any business activities which may fall under the company’s objects.

 

MattersRequiring a Special Resolution

 

8.                 It was resolved to approvethe amendment of Article (29) of the Company's Articles of Association tocancel the maximum number of resolutions passed by circulation, which the Boardof Directors may issue in cases of urgency.

 

9.                 It was resolved to adoptthe Constitutive Regulation of the Employees Incentive Program granting theemployees the option to purchase shares of the Company according to theprovisions of Article 226 of Federal Law No 2 of 2015 on Commercial Companies andaccording to the main terms and conditions presented to the General Assembly.

 


Last Date For Dividend EntitlementTuesday, May 01, 2018Ex-Dividend DateWednesday, May 02, 2018
Register Closing (Settlement) DateThursday, May 03, 2018Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueAddress Dubai Mall
1 File(s)
Meeting Date/TimeApr 18, 2017 05:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss1874000000Cash Dividend10
Bonus Share
Announcements/Resolutions

1.To approve the report of the Board of Directors on the activities of the Company and its financial position, the report of the auditors, and the consolidated financial statements of the Company for the year ended 31 December 2016 as presented to the shareholders during the Meeting.

2. To distribute to the shareholders cash dividends totaling AED 1.301.430.000 which represent 10% of the share capital of the Company being 10 fils per share for the financial year ended 31 December 2016.

 3. To pay bonus to non-executive members of the Board of Directors amounting to AED 650.000 (six hundred fifty thousand dirhams)  for each non-executive Board member, including the Vice-Chairman, and an amount of AED 1.000.000 (one million dirhams) to the Chairman of the Board of Directors.

4. To discharge the members of the Board of Directors and the auditors from liability for the financial year ended 31 December 2016.

5.To appoint Ernst &Young as external auditors for the Company’s financial statements for the year 2017 and to approve their fees amounting to AED 185,000.

6.To accept the resignation of the current Board of Directors and to appoint a new Board of Directors comprising the following seven (7) members: 

  1. Mohamed Ali Rashed Alabbar

  2. Ahmad Thani Rashed Al Matrooshi

  3. Abdulrahman Hareb Rashed Hareb Al Hareb

  4. Abdullah Saeed Bin Majid Belyoahah

  5. Helal Saeed Salem Saeed Al Marri

  6. Mohammed Hadi Ahmed Abdullah Al Hussaini

  7. Ali Ibrahim Mohammed Ismail 

7. To permit the Board members to carry out any business activities which may fall under the company’s objects.

8. Matters Which Require a Special Resolution

The AGM resolved to amend Article 19(a) of the Company’s Memorandum of Association to reduce the number of members of the Board of Directors from (9) to (7) members,to read after amendment as follows:


"The management of the Company will be vested in a Board of Directors comprising seven (7) members to be elected by the General Assembly of shareholders by secret ballot."

Last Date For Dividend EntitlementWednesday, April 26, 2017Ex-Dividend DateThursday, April 27, 2017
Register Closing (Settlement) DateSunday, April 30, 2017Trading Suspension Date
Trading Resuming DateDividends Payment DateSunday, May 14, 2017
Payment EntityEmaar Malls PJSCMeeting VenueDiamond Ballroom at The Address Dubai Mall Hotel
1 File(s)
Meeting Date/TimeApr 19, 2016 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss2068536000Cash Dividend10%
Bonus Share0
Announcements/Resolutions

1.      “It was resolved to approve the report of the Board of Directors relating to the activities of the company and its financial position, the report of the auditors, and the consolidated financial statements of the company for the year ended 31 December 2015 as presented to the shareholders during the meeting”.

 

2.       “It was resolved to distribute to the shareholders cash dividends amounting to 10% of  the share capital of the company being 10 fils per share for the financial year 2015”.

 

3.       “It was resolved to pay bonus to the members of the Board of Directors amounting to AED650,000 for each board member (including the Vice Chairman) and a bonus amounting to AED 1 million to the Chairman of the Board”.

 

4.       “It was resolved to discharge the liabilities of the members of the Board of Directors and the auditors for the financial year ended 31 December 2015”.

 

5.       “It was resolved to appoint Ernst & Young as external auditors for the company's  financial statements for the year 2016and to approve their fees amounting to AED 177,650”.

 

6.       “It was resolved to permit the Board members to carry out any business activities which may fall under the company's objects”.

 

7.       “It was resolved to approve the amendment of the Articles of Association of the company in accordance with the provisions of Federal Law No. (2) of 2015 regarding Commercial Companies as proposed and published by the Company prior to the meeting.

 

8.       It was resolved to approve the amendment of the name of the Company from "Emaar Malls Group" to "Emaar Malls".

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 Date
Payment EntityMeeting VenueDiamond Ballroom at The Address Dubai Mall Hotel
1 File(s)
Top ShareholdersLast Refreshed at: 25 September 2018

Individual Investors

ShareholdersPercentage
شركه اعمار العقاريه ش .م.ع 84.63%

  • 2 EN
    2

    Article of Association - EMAARMALLS 0001

Foreign Investments View all
National GCC Arab Foreign
Country of Origin Actual Permitted Actual Permitted Actual Permitted Actual Permitted As of Date:
UAE 89.83% 100% 1.69% 100% 0.28% 49% 8.2% 49% 25-09-2018
Showing Last 10 Corporate Governance Reports - EMAARMALLS View all
  • 03-04-2018

    EMAARMALLS_GCR_2017

  • 28-03-2017

    EMAARMALLS_CGR_2016

  • 31-12-2015

    Corporate Governance Report - EMAARMALLS 2015

Showing Corporate Actions - EMAARMALLS View all
Year2018Corporate Action TypeCash Dividends
Last Date For Action Entitlement5/1/2018Ex-Dividend Date5/2/2018
Register Closing (Settlement) Date5/3/2018Trading Suspension Date1/1/1900
Trading Resuming Date1/1/1900Run (Effective) Date1/1/1900
Corporate Action DetailsDistribute 10% cash dividends as agreed at the GA held on 23/04/2018
Year2017Corporate Action TypeCash Dividends
Last Date For Action Entitlement4/26/2017Ex-Dividend Date4/27/2017
Register Closing (Settlement) Date4/30/2017Trading Suspension Date1/1/1900
Trading Resuming Date1/1/1900Run (Effective) Date1/1/1900
Corporate Action DetailsDistribute 10% cash dividends as agreed at the GA held on 18/04/2017
Year2016Corporate Action TypeCash dividends
Last Date For Action Entitlement4/27/2016Ex-Dividend Date4/28/2016
Register Closing (Settlement) Date5/1/2016Trading Suspension Date8/4/1900
Trading Resuming Date8/4/1900Run (Effective) Date8/4/2016
Corporate Action DetailsDistribute 10% cash dividends as agreed at the GA held on 19/04/2016
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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