• ARTCPostponing General Assembly for the lack of quorum
  • OICBOD meeting to be held by circulation
Home > Issuers > Listed Securities > Securities > Company Profile Page

SHUAA Capital PSC

SHUAA
0.000
0.000
0.000%
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: SHUAA
  • ISIN: AES000101015
  • Sector: Invest. & Fin. Services

Company Brief

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

SHUAA Capital P.S.C. (the “Parent Company”) is a Public Shareholding Company established in Dubai, United Arab Emirates, pursuant to Emiri Decree No. 6 of 25 April 1979 and in accordance with the Federal Law No. (8) of 1984 (as amended).

The Company is licensed by the Central Bank of the United Arab Emirates to conduct services as a financial investment company and a banking, finance and investment advisor pursuant to Central Bank Board of Directors Resolution 164/8/94 and as a financial and monetary intermediary pursuant to Central Bank Board of Directors Resolution 126/5/95. The Company and its subsidiaries (the “Group”) conduct a diversified range of investment and financial service activities strategy with special emphasis on the Arab region in general, the U.A.E. and G.C.C. markets in particular and is actively involved in public and private capital markets in the region.

Key Facts

ESTABLISHED

Apr 25, 1979

AUDITOR

PricewaterhouseCoopers (PWC)

FISCAL YEAR END

DECEMBER

REGISTRAR

SHUAA Capital

Board Members

CHAIRMAN

Mr. Fadhel Al Ali

DEPUTY
Mr. Ahmed Saeed Binbraik

MEMBERS

Mr. Masood M. Sharif Mahmood
H.E. Hafsa Abdullah Mohamed Sharif Al Ulama
Mr. Ahmed Abdulhamid AlAhmadi
Mr. Abubaker Seddiq Al Khoori
Mr. Christopher Ward

Top Management

Chief Executive Officer 

Mr. Jassim Mohamed rafi Alseddiqi Alansaari

Deputy CEO, Head of Asset Management & Investment Solutions

Mr. Mustafa Ghazi Kheriba

Chief Financial Officer 

Mr. Joachim Mueller

Chief Operating Officer 

Mr. Bechara Antoun Raad

Chief Legal and Compliance Officer 

Mr. Bachir Al Nawar

Senior Investor Relations Manager

Mr. Omar Yusef Abu Khadra

 

Equity Profile

DATE OF LISTING:

Apr 8, 2000

SECTOR:

Invest. & Fin. Services

AUTHORIZED CAPITAL:

2,535,720,000 AED

ISSUED SHARES:
2,535,720,000

PER VALUE SHARE:

1.00 AED

Subsidiaries

 

SHUAA Securities Limited

Abu Dhabi- U.A.E.

100.00 %

Gulf Finance Corporation

Dubai- U.A.E.

100.00 %

SHUAA Asset Management Ltd

Dubai- U.A.E.

100.00 %

Gulf Finance Corporation - Saudi

Kingdom of Saudi Arabia

100.00 %

Shuaa Capital International Ltd

Dubai- U.A.E.

100.00 %

Shuaa Capital Saudi Arabia
Kingdom of Saudi Arabia
100.00 %

Third Party Associate Companies

Septech Holding Ltd

Cayman Island

49.00 %

City Engineering Contracting LLC

Sharjah - UAE

40.00 %

Contact Details

Head Office

Dubai

Address

H Hotel Dubai, Business Tower, Level 15, office number 1502, Dubai - UAE

Phone No.

+9714 330 3600

Fax No.

+9714 330 3550

Email address:

info@shuaacapital.com

Website

http://www.shuaacapital.com

Showing Last 10 Disclosures - SHUAA View all
SHUAA 21-09-2020 08:57 AM

Results of BOD meeting held by circulation

1 File(s)
SHUAA 16-09-2020 08:10 AM

BOD meeting to be held by circulation

1 File(s)
SHUAA 15-09-2020 07:54 AM

Notification from the company

1 File(s)
SHUAA 13-09-2020 08:25 AM

Notification from the company

1 File(s)
SHUAA 17-08-2020 09:39 AM

Summary of conference call for the results of first half, 2020

1 File(s)
SHUAA 13-08-2020 08:49 AM

Financial statements for the 2nd QTR of 2020

1 File(s)
SHUAA 13-08-2020 08:45 AM

Financial statements for the 1st QTR of 2020

1 File(s)
SHUAA 13-08-2020 08:43 AM

Results of BOD meeting

1 File(s)
SHUAA 12-08-2020 03:12 PM

Press release regarding financial results for the first half of 2020

1 File(s)
SHUAA 12-08-2020 09:54 AM

Date of press conference

1 File(s)
Showing Last 10 Issuer News - SHUAA View all
SHUAA 24-07-2018 07:59 AM

Notification from the company

1 File(s)
SHUAA 13-05-2018 11:40 AM

Press release

1 File(s)
SHUAA 13-02-2018 07:57 AM

Press release

1 File(s)
SHUAA 26-11-2017 09:31 AM

Press release

1 File(s)
SHUAA 17-10-2016 02:39 PM

Press release

1 File(s)
SHUAA 24-11-2015 10:55 AM

Press release regarding a subsidiary of SHUAA

1 File(s)
SHUAA 10-02-2015 02:02 PM

Press release regarding Gulf Finance Corporation obtaining SAMA license in Saudi Arabia

1 File(s)
SHUAA 20-01-2014 11:16 AM

Press Release regarding the appointment of Strategic Advisor

1 File(s)
SHUAA 07-10-2012 09:18 AM

New SHUAA strategy and logo presented to financial community

2 File(s)
Showing Last 10 Financial Reports - SHUAA View all
SHUAA 13-08-2020 08:49 AM

Financial statements for the 2nd QTR of 2020

1 File(s)
SHUAA 13-08-2020 08:45 AM

Financial statements for the 1st QTR of 2020

1 File(s)
SHUAA 17-03-2020 08:08 AM

Financial statements for the year of 2019

1 File(s)
SHUAA 16-02-2020 09:17 AM

Preliminary financial results for the year of 2019

1 File(s)
SHUAA 14-11-2019 04:59 PM

Financial statements for the 3rd QTR of 2019

1 File(s)
SHUAA 30-06-2019 11:19 AM

Financial statements for the 2nd QTR of 2019

1 File(s)
SHUAA 31-03-2019 10:46 AM

Financial statements for the 1st QTR of 2019

1 File(s)
SHUAA 10-03-2019 08:46 AM

Financial statements for the year of 2018

1 File(s)
SHUAA 30-09-2018 10:30 AM

Financial statements for the 3rd QTR of 2018

1 File(s)
SHUAA 07-08-2018 08:36 AM

Financial statements for the 2nd QTR of 2018

1 File(s)
Showing Last 10 General Meetings - SHUAA View all
Meeting Date/TimeApr 15, 2020 03:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss47000000Cash Dividend
Bonus Share
Announcements/Resolutions

FIRST- ORDINARY RESOLUTIONS

1. Approved the Board of Directors’ report in respect of the activity and financial position of the Company for the financial year ending 31 December 2019;

2. Approved the Auditor’s report for the financial year ending 31 December 2019;

3. Approved the Company’s balance sheet and income statement for the financial year ending 31 December 2019;

4. Approved the recommendation of the Board of Directors regarding the non-distribution of dividends for the financial year ending 31 December 2019;

5. Ratified the appointment of Mr. Abubaker Seddiq Mohamed Hussain Alkhoori as a board member for a period ending with the expiry of the term of the current Board in March 2021;

6. Absolved the current and previous board members from any liability for the financial year ending 31 December 2019;

7. Approved the recommendation of the Board of Directors on the payment of remuneration of the Board members for the financial year ending 31 December 2019;

8.  Absolved the Auditors from any liability for the financial year ending 31 December 2019;

9. Approved the appointment of PricewaterhouseCoopers as the External Auditors for the financial year ending 31 December 2020 and their fees; and

 10. Approved a one-year permission to the Board of Directors to carry out activities competing with or related to the Company’s activities under paragraph (3) of article (152) of the Federal Law No. (2) of 2015.

SECOND- SPECIAL RESOLUTIONS

1. Approved the amendment of Article (37) of the Company’s articles of association to read as;

"Invitation shall,subject to the consent of the Authority, be sent to convene the General Assembly to all the shareholders by a notice in two daily local newspapers, one of them issued in Arabic and by notifying the shareholders via registered letters or modern technology means such as SMS, Email, Fax or according to the method of notification as determined by the Authority in this respect, at least 15 (fifteen) days prior to the scheduled date to hold the General Assembly. The notification of the invitation shall include the agenda. A copy of the invitation shall be sent to the Authority and the competent authority".



Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueRemotely
1 File(s)
Meeting Date/TimeNov 04, 2019 04:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss(5651100.00)Cash Dividend
Bonus Share
Announcements/Resolutions


At its General Assembly Meeting held on Monday 04 November 2019 at 4:00 pm at ADGM Academy, Al Maqam Tower, Level 20, Abu Dhabi Global Market, Al - Maryah Island, Abu Dhabi, the following resolution has been taken:

1-    Election of two Board of Directors members for a period ending in March 2021

The following persons have been elected and appointed as Independent and Non-Executive Board of Directors members up until the end of the current Board of Directors tenure in March 2021:

       H.E. Hafsa Abdullah Mohamed Sharif Al Ulama; and

       Mr. Ahmed Abdulhamid AlAhmadi


Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueADGM Academy, Al Maqam Tower, Level 20, Abu Dhabi Global Market, Al - Maryah Island, Abu Dhabi
1 File(s)
Meeting Date/TimeJul 11, 2019 04:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss31.6 M LossCash Dividend
Bonus Share
Announcements/Resolutions

Kindly be informed that SHUAA Capital psc (the “Company”) held its General Assembly Meeting on Wednesday,11 September 2019 at the ADGM Academy, Al Maqam Tower,20th floor, Abu Dhabi, UAE, during which the shareholders resolved the following:

 

FIRST - ORDINARY RESOLUTIONS

1.   Approval of the appointment of Mr. Masood Mohammad Mohammad Sharif Mahmood as Board member of the Company as of 08 August 2019 to replace Mr. Mustafa Kheriba who has resigned from the Company’s Board of Directors on 31st July 2019.

 

 

SECOND - SPECIAL RESOLUTIONS

1.     Approval to change the Company’s name to "Abu Dhabi Financial Group (ADFG)", subject to regulatory approvals, and to amend Article (2)of the Company's Articles of Association and wherever mentioned in the Articles of Association accordingly;

2.   Approval to amend Article (17.1) of the Company’s Articles of Association to increase the number of the Board members to 7 members instead of 5; and

3.   Approval to amend Article (24.5) of the Company's Articles of Association to allow the Board of Directors to issue resolutions by circulation with no maximum limit during the year.


Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueADGM - Al-Maqam Tower - ADGM Academy - Level 20
1 File(s)
Meeting Date/TimeJul 11, 2019 03:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss24.9 M Loss Cash Dividend
Bonus Share
Announcements/Resolutions

1.      Approvalof the resignation of Mr. Jassim Alseddiqi from the board of directors of the Company as of 10 June 2019.

 


2.      Approval of the appointment of Mr. Fadhel Alali as a member of the board of directors of the Company as of 10 June 2019.

 

 

3.      Approval of the remuneration payable to the Board of Directors of the Company for the year ending 31 December 2018.

 

 

4.      Approval of the appointment of PricewaterhouseCoopers as auditor of the Company for the year 2019 and its remuneration fees for the year of appointment.

 

 

5.        Approval of the strategic investor study prepared by the board of directors of the Company clarifying the benefits that will be achieved by the Company as a result of the entry of Abu Dhabi Capital Management LLC as a strategic investor in the Company.

SECOND - SPECIAL RESOLUTIONS

1.     Approval of the entry of Abu Dhabi Capital Management LLC (the “Strategic Investor”) as a strategic investor in consideration for the transfer of the entire issued share capital of Abu Dhabi Financial Group LLC (“ADFG”),in accordance with the implementation agreement signed with the strategic investor and subject to the Securities and Commodities Authority’s (“SCA”)approval and the satisfaction of the conditions and requirements set by SCA in this respect.


2.    Subject to the completion of the transfer of ADFG’s entire issued share capital to the Company, approval of: (a) the increase of the share capital of the Company by AED 1,470,720,000 from AED 1,065,000,000 to AED 2,535,720,000 through the issuance of 1,470,720,000  new shares of AED 1.00 each in the capital of the Company (“New SHUAA Shares”) to the Strategic Investor (or to its shareholders pro rata to their shareholding in the Strategic Investor) and (b) the listing of the New SHUAA Shares on the Dubai Financial Market, with a restriction not to trade the New SHUAA Shares for a period of at least one year in accordance with the conditions required by SCA in this respect.

 

3.     Approval of the amendment of Article (6) of the Company’s articles of association to read as follows:

 

“The issued share capital of the company shall be AED 2,535,720,000 (two billion five hundred thirty-five million seven hundred twenty thousand UAE Dirhams)distributed over 2,535,720,000 (two billion five hundred thirty five million seven hundred twenty thousand) shares of a nominal value of 1.00 (one) Dirham for each share, which share capital is paid in full.” 

THIRD -AUTHORITY TO IMPLEMENT THE  ABOVE RESOLUTIONS


Approval for the board of directors of the Company, or any person so authorised by the board of directors of the Company, to give a general and unconditional authority to adopt any resolution or take any action as may be necessary to implement any of the above resolutions including, without limitation, to:

 

a)     obtain the final approval of SCA and the relevant authorities in the United Arab Emirates in respect of the Strategic Investor’s entry in the Company, the increase of the share capital of the Company and the amendment of Article 6 of the Company’s articles of association; and

 

b)     apply for the listing of the New SHUAA Shares on the Dubai Financial Market; and

 

c) correspond and negotiate on behalf of the Company with any person, entity (official and/or otherwise), governmental department,ministry or judicial authority within and outside the UAE and adopt such resolutions and take any such action as may be necessary or desirable to obtain the necessary approvals, “no objection” letters, dispensations or confirmations to effect the Strategic Investor's entry into the Company.



Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueADGM Academy, Al Maqam Tower, 20th floor, Abu Dhabi, UAE
1 File(s)
Meeting Date/TimeSep 13, 2018 03:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss26295000Cash Dividend2
Bonus Share
Announcements/Resolutions

1.    Approve the Company’s Shares Buyback with a view to resale, to authorize the Company’s Board of Directors to implement and execute such resolution within the period approved by the Securities and Commodities Authority and to mandate the Company's Board of Directors to reduce the Company’s capital in case of expiry of the period set by the Securities and Commodities Authority for the bought-back shares to be resold and amending the capital of the Company in the Articles of Association;

2.     Approvethe amendment of Article 57 of the Articles of Association of the Company toallow the distribution of interim dividends;

3.    Approvethe distribution of interim dividends as recommended by the Board of Directorsand issued on 6 August 2018 of 2 fils per share for a period of 6 monthsending on 30 June 2018, such dividends Entitlement Date to be on 19 September2018 and the dividends Settlement Date to be on 23 September 2018;

4.    Approvethe amendment of Article 35 of the Articles of Association of the Company toallow the General Assembly to convene in any Emirate within the State; and 

5.    Approve the amendment of Article 5(k) of theArticles of Association of the Company to add the Investment Management,Promotions 
Last Date For Dividend EntitlementWednesday, September 19, 2018Ex-Dividend DateThursday, September 20, 2018
Register Closing (Settlement) DateSunday, September 23, 2018Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueMeeting Suite No.2, Jumeirah Emirates Towers Hotel, Level 8 Platinum, Dubai, U.A.E
1 File(s)
Meeting Date/TimeMar 07, 2018 03:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss74016000Cash Dividend
Bonus Share
Announcements/Resolutions

1.      Approve the Board of DirectorsReport and the Auditors’ report for the financial year ending 31 December 2017;

2.      Approve the Company’s balancesheet and income statement for the financial year ending 31 December 2017;

3.      Appoint the Auditors for thefinancial year ending 31 December 2018 and approve their fees;

4.      Absolve the Board of Directorsand Auditors from any liability for the financial year ending 31 December 2017;

5.      Election of a new board fora new period ending in March 2021.


Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueMeeting Suite No. 2, Level 8 Platinum, Jumeirah Emirates Towers Hotel, Dubai
1 File(s)
Meeting Date/TimeMar 30, 2017 03:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss(132,457)Cash Dividend
Bonus Share
Announcements/Resolutions

1.       Approve the Board of Directors Report and report of the Auditors for the financial year ending 31 December 2016;

2.       Approve the Company’s balance sheet and income statement for the financial year ending 31 December 2016;

3.       Endorse the appointment of Mr. Hicham Alrayes as Board Director to replace the vacant position in the Board and to finish the term of the resigned Director coinciding with the date of the Annual General Assembly that will be held in March 2018;

4.       Appoint the Auditors for the financial year ending 31 December 2017 and approve their fees;

5.       Absolve the Board of Directors and Auditors from any liability for the financial year ending 31 December 2016.

Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueMeeting Suite No. 2, Jumeirah Emirates Towers Hotel
1 File(s)
Meeting Date/TimeDec 19, 2016 03:16:00 PMType of MeetingGeneral Assembly
Net Profit/Loss-Cash Dividend
Bonus Share
Announcements/Resolutions
  1. Elect Messrs Ahmed Saeed Binbraik and Jasim Hussain Al Aito replace thetwo vacant positions in the Board and to finish the term of the resignedDirectors coinciding with the date of the Annual General Assembly that will beheld in March 2018;

  2. Endorse the appointment of Mr.Jassim Alseddiqi as a Board Director.


Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueBusiness Center, Jumeirah Emirates Towers Hotel, Level 7, Sheikh Zayed Road, Dubai
1 File(s)
Meeting Date/TimeMar 16, 2016 03:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss(190,259,000)Cash Dividend
Bonus Share
Announcements/Resolutions
  1. Approve the Board of Directors Report and report of the Auditors for the financial year ending 31 December 2015
  2. Approve the Company’s balancesheet and income statement for the financial year ending 31 December 2015;
  3. Appoint the Auditors for thefinancial year ending 31 December 2016 and approve their fees
  4. Absolve the Board of Directorsand Auditors from any liability for the financial year ending 31 December 2015;
  5. Approve to set-off AED200,861,000 of accumulated losses against the balance of the statutoryreserves;
  6. Approve to amend Articles ofAssociation to reduce the number of Board Directors from eight (8) to five (5)
  7. Approve the amendments to theCompany’s Articles of Association to comply with the Federal Law (2) for 2015in respect of Commercial Companies subject to approval from the relevantauthorities.



Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueBusiness Centre - Emirates Towers Hotel - Level 7
1 File(s)
Meeting Date/TimeMar 23, 2015 03:00:00 PMType of MeetingAnnual General Meeting
Net Profit/LossAED 25,848,000Cash Dividendnone
Bonus Sharenone
Announcements/Resolutions

1.       Approve the Board of Directors Report and report of the Auditors for the financial year ending 31 December 2014;

2.       Approve the Company’s balance sheet and income statement for the financial year ending 31 December 2014;

3.       Endorse the appointments of Messrs Abdulrahman Al Hareb and Arshad Ashraf as Board Directors;

4.       Elect the following Directors for a three years term ending in 2018:

-              Abdulrahman Rashed Al Hareb;

-              Hamad Abdul Aziz Al Sagar;

-              Fahed Yacoub Al Jouaan;

-             Ahmed Mohammed Al Qassim;

-              Jamal Saeed Bin Ghalita Al Muheiri;

-             Ibrahim Ahmed Al Mansouri;

-              Martin David Angle;

-              Mohammed Kamran Wajid.

5.       Appoint the Auditors for the financial year ending 31 December 2015 and approve their fees;

6.       Absolve the Board of Directors and Auditors from any liability for the financial year ending 31 December 2014.

Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueBusiness Centre - Emirates Towers Hotel
1 File(s)
Top ShareholdersLast Refreshed at: 24 September 2020

Individual Investors

ShareholdersPercentage
دايركت اكسس انفستمنت (ش .ذ.م.م) 27.30%
رويال بافيليون ذ.م.م 21.19%
كابيتال انفستمنت ذ م م 6.45%
JASSIM MOHAMEDRAFI ALSEDDIQI ALANSAARI 6.35%
ALBAHER REAL ESTATE DEVELOPMENT L.L.C 5.29%
شاين للاستثمار في المشروعات التجاريه 5.09%

  • 4 EN
    4

    Article of Association - 0001

Foreign Investments View all
As of Date:
27-09-2020
National GCC Foreign
Country of Origin Permitted Actual Available Permitted Actual Available Permitted Actual Available Allowed Foreigners?
AE 100% 93.33% 6.67% 97.51% 2.49% % 49% 4.18% 44.82% Yes
Showing Last 10 Corporate Governance Reports - SHUAA View all
  • 13-04-2020

    SHUAA_CGR 2019

Showing Corporate Actions - SHUAA View all
Year2018Corporate Action TypeCash dividends
Last Date For Action Entitlement19/09/2018Ex-Dividend Date20/09/2018
Register Closing (Settlement) Date23/09/2018Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 2% cash dividends as agreed at the GA held on 13/09/2018
Year2008Corporate Action TypeCash Dividends
Last Date For Action Entitlement25/06/2008Ex-Dividend Date26/06/2008
Register Closing (Settlement) Date29/06/2008Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 45% cash dividends as agreed in their AGM held on 17/06/2008.
Year2005Corporate Action TypeBonus Shares
Last Date For Action Entitlement16/06/2005Ex-Dividend Date18/06/2005
Register Closing (Settlement) Date19/06/2005Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date19/06/2005
Corporate Action DetailsIssue bonus shares in the ratio of one share for every five shares (20%) held is activated as agreed at the Annual General Meeting held on 13/06/2005. Number of shares becomes 396,000,000
Year2004Corporate Action TypeBonus Shares
Last Date For Action Entitlement30/06/2004Ex-Dividend Date01/07/2004
Register Closing (Settlement) Date03/07/2004Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date03/07/2004
Corporate Action DetailsIssue bonus shares in the ratio of one share for every twenty shares held is activated as agreed at the Extraordinary Meeting held on 23/06/2004. Number of shares becomes 315,000,000.

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 for the columns of Actual and Available are updated every two minutes during trading hours and every one hour after trading hours to reflect changes not associated with trading (if any).

Definitions:
 Nationals:

Investors who hold the same nationality as the “Country of Origin” of the symbol.

 GCC:

Investors who hold a GCC nationality, excluding investors from the “Country of Origin” of the symbol.

 Foreigners: All other nationalities.
Note: For companies where GCC Permitted ownership limit is Not Applicable (NA), the ownership of GCC citizens will show in the ownership columns of Foreigners.
 Permitted: The maximum percentage of ownership allowed by the Company for the investors group.
 Actual: The owned quantity, unsettled trades. It also includes open buy orders between 8:00 AM and 3:00 PM.
 Available: Percentage available to own or allowed to trade (Permitted – Actual).

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.