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Marka PJSC

MARKA
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  • Market: DFM
  • Symbol: MARKA
  • ISIN: AEM000401012
  • Sector: Consumer Staples and Discretionary

Key Facts

ESTABLISHED
Jun 23, 2014

AUDITOR
PWC

FISCAL YEAR END
December

REGISTRAR
Finance House

Board Members

CHAIRMAN
Mr. Khaled Jassim Bin Kalban


VICE-CHAIRMAN
H.E. Jamal Mohd Matar Al Hai

MEMBERS
Mr. Hamad Abdulla Rashed AlShamsi
Mr.Khaled Salem Musabeh Humaid AlMheiri
Mr. Abdulla Hamad Al Awani
Mr. Adel Mohammed Saleh Ali Al Zarouni
Mr. Naser Tayseer Shawkat Alnabulsi
Mr. Mohamed Saif Darwish Ahmed Al Ketbi
Mr. Khaled Mohammad Ali Alkamda

Top Management

Chief Exeutive Officer
Mr. Benoit Lamonerie 

Equity Profile

DATE OF LISTING
Sep 25, 2014

SECTOR
Consumer Staples & Discretionary

AUTHORIZED CAPITAL
500,000,000.00 AED

ISSUED SHARES
500,000,000.00

PER VALUE SHARE
1.00 AED

Contact Details

HEAD OFFICE
Dubai Design District, bldg 9, Level 3

ADDRESS
Dubai Design District, bldg 9, Level 3
POBOX: 34771

PHONE NO.
+971 4  559 3000

Fax:
+971 4 552 0254

EMAIL ADDRESS
fatema.alhaj@markaholding.com

WEBSITE
www.markaholding.com
Showing Last 10 Disclosures - MARKA View all
MARKA 04-09-2018 09:24 AM

Postponing BOD meeting date

1 File(s)
MARKA 30-08-2018 08:56 AM

BOD meeting

1 File(s)
MARKA 26-08-2018 11:56 AM

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

1 File(s)
MARKA 15-08-2018 08:17 AM

Results of BOD meeting held by circulation including financial statements for the 2nd QTR of 2018

2 File(s)
MARKA 13-08-2018 08:50 AM

BOD meeting to be held by circulation

1 File(s)
MARKA 07-08-2018 11:41 AM

Postponing BOD meeting to be held by circulation

1 File(s)
MARKA 01-08-2018 08:16 AM

BOD meeting to be held by circulation

1 File(s)
MARKA 12-07-2018 02:24 AM

Disclosure of exposure to Abraj Group Company

1 File(s)
MARKA 02-07-2018 02:48 AM

Notification from the company

2 File(s)
MARKA 05-06-2018 02:19 AM

Financial statements for the 1st QTR of 2018

1 File(s)
Showing Last 10 Issuer News - MARKA View all
MARKA 08-11-2016 03:16 AM

Press release

1 File(s)
Showing Last 10 Financial Reports - MARKA View all
MARKA 05-06-2018 02:19 AM

Financial statements for the 1st QTR of 2018

1 File(s)
MARKA 31-12-2017 10:30 AM

Financial statements for the year of 2017

1 File(s)
MARKA 15-11-2017 01:51 AM

Financial statements for the 3rd QTR of 2017

1 File(s)
MARKA 30-06-2017 12:38 AM

Financial statements for the 2nd QTR of 2017

1 File(s)
MARKA 15-05-2017 11:14 AM

Financial statements for the 1st QTR of 2017

1 File(s)
MARKA 31-03-2017 11:52 AM

Financial statements for the year of 2016

1 File(s)
MARKA 30-09-2016 02:33 AM

Financial statements for the 3rd QTR of 2016

1 File(s)
MARKA 11-08-2016 07:30 AM

Financial statements for the 2nd QTR of 2016

1 File(s)
MARKA 28-04-2016 03:30 AM

Financial statements for the 1st QTR of 2016

1 File(s)
MARKA 11-04-2016 03:30 AM

Financial statements for the year of 2015

1 File(s)
Showing Last 10 General Meetings - MARKA View all
Meeting Date/TimeApr 30, 2018 05:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss-242693Cash Dividend
Bonus Share
Announcements/Resolutions

Resolutions:

 

 

1-       Approval of the report of the Company’s Board of Directors on the Company’s activities and its financial position for the financial year ended on 31/12/2017

 

2-       Do not approve the report of the Company’s auditors for the financial year ended on 31/12/2017

 

3-       Delay the approval of the Company’s balance sheet and its profit and loss statement for the year ended 31/12/2017 subject to the submission of the expert report. This is based on the request of the shareholders to appoint an independent expert to examine the previous acquisition and divestment transactions of the Company prior to May 2017. The Report is to cover the accounting and legal aspects of the transactions. The Report is to be submitted to the Board of Directors and then notified to the shareholders of the Company with its contents;

 

4-       Discharging the Company’s board members of the liability for the financial year ended on 31/12/2017.  Mr. Khaled Al Muhairi and H.E. Jamal Al Hai’s discharge is subject to the submission of the expert report. This is based on the request of the shareholders to appoint an independent expert to examine the previous acquisition and divestment transactions of the Company prior to May 2017. The Report is to cover the accounting and legal aspects of the transactions. The Report is to be submitted to the Board of Directors and then notified to the shareholders of the Company with its contents

 

5-       Delay the discharge of the Company’s auditors of the liability for the financial year ended on 31/12/2017 subject to the submission of the expert report. This is based on the request of the shareholders to appoint an independent expert to examine the previous acquisition and divestment transactions of the Company prior to May 2017. The Report is to cover the accounting and legal aspects of the transactions. The Report is to be submitted to the Board of Directors and then notified to the shareholders of the Company with its contents

 

6-       Approval of reappointment of PricewaterhouseCoopers as the auditors for financial year 2018 and determined their professional fees to be AED 185,000.

 

7-       The matters requiring a Special Resolution as follows:

 

A.       Approve the continuity of the Company’s operations according to the requirements of article (302) of the UAE Federal law (2) of 2015 concerning Commercial Companies.

 

Delay discussing and approving all the following special resolutions until the general assembly meeting proposed to be held on 4 September 2018 as per the request of the shareholders.

B.       Approve a capital reduction through the cancellation of a number of shares in the Company (the “Capital Reduction”) on a pro rata basis to extinguish the accumulated losses of AED 450,121,000 as at the financial year ended on 31 December 2017 and approve the granting to the Board of Directors of the Company of full authority to effectuate the procedure for the Capital Reduction pursuant to the provisions of the Commercial Companies Law and the executive regulations of the Securities and Commodities Authority (“SCA”).

 

C.       Subject to adopting resolution (B) above, approve the proposal of the Board of Directors’ to increase the issued share capital of the Company up to an amount of AED 250,000,000 (the “Capital Increase”) through the issuance of new shares and to approve granting to the Board of Directors of the Company full authority to effectuate the procedure for the Capital Increase and determine the final capital increase amount (“Increase Amount”), the offer price of the new shares and the number of new shares to be issued pursuant to the provisions of Commercial Companies Law and the executive regulations of SCA, as well as, granting the Board of Directors full authority and authorizing it to accept the final amount subscribed to in the Capital Increase by the rights holders without offering the outstanding balance for public subscription.

 

D.      To authorise the Company’s Board of Directors and any person authorised by the Board of Directors to undertake all necessary procedures and steps to allow the Company to complete the Capital Reduction and Capital Increase, including making the required amendments to the Articles of Association of the Company.

 


Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueDubai Design District
1 File(s)
Meeting Date/TimeOct 11, 2017 05:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss-Cash Dividend
Bonus Share
Announcements/Resolutions
  •  Approval by a special resolution the continuity of the Company’s operations according to the requirements of article (302) of the UAE Federal law (2) of 2015 concerning Commercial Companies.
  • Approve to authorize the Company’s elected Board of Directors to undertake all necessary procedures and steps to duly implement the resolutions stated herein in accordance with the applicable provisions of Commercial Companies Law and to delegate any or all its powers in this regard to any of its members.

Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueMeydan hotel- Dubai
2 File(s)
Meeting Date/TimeApr 30, 2017 05:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss-150528000Cash Dividend
Bonus Share
Announcements/Resolutions

1-    1- Approve the report of the Company's board of directors on the Company's activities and its financial position for the financial year ended on 31/12/2016.

 

2-    2- Approve the report of the Company's auditor for the financial year ended on 31/12/2016.

 

3-    3- Approve the Company's budget and its profit and loss statement for the year ended 31/12/2016.

 

4-    4- Approve to discharge the Company's board members and its auditors of the liability for the financial year ended on 31/12/2016.

 

5-    5- Authorize the new board to look into new offers for appointment of the auditors for the year 2017 and set their annual fees.

 

6-    6- Approve the Board of Directors’ recommendation by a special resolution to set up an Authorized Capital for the amount of 1 billion dirham and to amend the Articles of Association of the Company after obtaining the approvals from the relevant authorities

 

7-  7- Approval by a special resolution to sell the Company’s share in Cheecky Monkeys Management Services LLC.

 

8-    8- Elect the following candidates as members of Board of Directors for a new term of 3 years:

 

  •   Jamal Mohammed Matar Musabah Alhai

  •   Khaled Salem Musabeh Humaid Almheiri

  •   Hamad Abdulla Rashed Obaid Alshamsi

  •  Khalid Jassim Mohd Bin Kalban

  •    Abdulla Hamad Saif Sultan Alawani

  •   Adel Mohammed Saleh Alzarouni

  •   Naser Tayseer Shawkat Alnabulsi

  •  Mohamed Saif Darwish Ahmed Al Ketbi

  •   Khaled Mohammad Ali Alkamda

Provided that the new board shall meet in a time to be set in coordination with SCA to distribute authorities and powers among its members.

9-   9-  Approval by special resolution to delete paragraph 2 of clause 7 of Articles of Association of the Company related prohibition to own shares in excess of 5% of Company’s share capital and to amend the Articles of Association upon approval of relevant authorities.

 

 

10-  10- Approve to authorize the Company’s elected Board of Directors to undertake all necessary procedures and steps to duly implement the resolutions stated herein in accordance with the applicable provisions of Commercial Companies Law, and to delegate any or all its powers in this regard to any of its members.

 

Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueMeydan Hotel- Dubai
1 File(s)
Meeting Date/TimeMar 28, 2016 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss-55975000Cash Dividend
Bonus Share
Announcements/Resolutions

1.      Approve the report of the Company's board of directors on the Company's activities and its financial position for the financial year ended on 31/12/2015.

2.      Approve the report of the Company's auditor for the financial year ended on 31/12/2015.

3.      Approve the Company's budget and its profit and loss statement for the year ended 31/12/2015.

4.      Approve to discharge the Company's board members and its auditors of the liability for the financial year ended on 31/12/2015.

5.      Approve to reappoint PWC the auditors for the year2016 and set their annual fees at 84.640 AED (eighty four thousand six hundred forty dirhams).

6.      Reconsider taking a special resolution to set up an Authorized Capital to the amount of 1 billion dirham to a later stage.

7.      Reconsider taking a special resolution to issue mandatory convertible bonds into shares to a later stage.

8.      Approve the Board of Directors’ recommendation to ratify a restated Memorandum and Articles of Association of the Company in accordance with the Commercial Companies Law number 2/2015 and the AGM’s resolutions with respect to the board members increase as per the final version approved by Securities and Commodities Authority.

9.      Approve to authorize the Company’s Board of Directors to undertake all necessary procedures and steps to duly implement the resolutions stated herein in accordance with the applicable provisions of Commercial Companies Law, and to delegate any or all its powers in this regard to any of its members.

10.  Approve to increase number of Board members to 9 and approve the appointment of following candidates as members of the board of directors

-Mr.Ahmed Salem Abdulla Salem Al Hosani

- Mr. Ahmed Mohamed Munsoor

- Mr.Humaid Obaid Humaid AlMatrooshi

Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueConrad hotel
1 File(s)
Top ShareholdersLast Refreshed at: 25 September 2018

Individual Investors

ShareholdersPercentage
شيميرا للاستثمارات الماليه ذ م م 5.18%
الرمز كوربوريشن للاستثمار والتطوير 5.00%
ريليكو ليمتد ذ.م.م 5.00%

  • 1 EN
    1

    Article of Association - MARKA 0001

Foreign Investments View all
National GCC Arab Foreign
Country of Origin Actual Permitted Actual Permitted Actual Permitted Actual Permitted As of Date:
United Arab Emirates 83.81% 100% 4.5% 100% 9.24% 49% 2.45% 49% 25-09-2018
Showing Last 10 Corporate Governance Reports - MARKA View all
  • 26-04-2018

    MARKA _CGR 2017

  • 27-04-2017

    MARKA - GCR _2016

  • 24-03-2015

    Corporate Governance Report - MARKA 2015

No data could be found.
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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