Union Properties PJSC (UPP) News - Mubasher Info
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04 April 03:56 PM

Union Properties PJSC (UPP)

Last update: 3 April 02:55 PM market time.
0.70
0.01
1.73%
Open 0.70
Previous Close 0.69
High 0.70
Low 0.69
Stock Statistics
Volume 3,171,952
Turnover 2,214,859.08
All data are 15 minutes late during market session

News

(Photo Credit: Company website)
19 April 2017 08:01 AM Union Properties to discuss 8% bonus shares Wednesday
Dubai – Mubasher: Shareholders at Union Properties (UP) will meet on Wednesday to discuss a bonus share distribution representing 8% of capital for 2016. The distribution will be carried out at an 8-for-100 ratio. UP last reported AED 211.42 …
Event
Profits reached AED 65.27 million ($17.77 million) in Q4-16 (Photo Credit: Company Website)
26 March 2017 08:34 AM Dubai Properties proposes 5% bonus shares for 2016
Dubai – Mubasher: Dubai Properties said its board recommended 8% bonus shares on an 8-for-100 basis for fiscal year 2016, according to a bourse filing. The company's profits fell 51.4% to AED 211.42 million in 2016, compared to AED 434.61 million …
Cash Dividends
The 269-residential apartment project is valued at AED 450 million ($122.5 billion) (Photo Credit: Company Website)
2 March 2017 09:47 AM Union Properties to complete OIA Residence early 2018
Dubai – Mubasher: Union Properties plans to finalise the OIA Residence project in the first quarter of 2018, according to a statement. Located in the heart of MotorCity, the project has generated higher sales yields due to a high-yielding …
Companies Investments
Union Properties achieved profits of AED 211.42 million in 2016 (Photo Credit: Company Website)
9 February 2017 09:14 AM Union Properties posts lower Q4 profits
Dubai – Mubasher: Union Properties reported a 76.4% decline year-on-year in the fourth quarter of 2016, according to a bourse statement. Profits reached AED 65.27 million ($17.77 million) in Q4-16, compared to AED 276.44 million in Q4-15. The …
Financial Results
Photo Credit: Arabianeye-Reuters
8 February 2017 07:35 AM Five UAE firms to disclose financials on Wednesday
Mubasher: The board members of five companies listed on the UAE markets will discuss on Wednesday their financial statements and dividend proposed for the fiscal year 2016. The companies are Air Arabia, Union Properties (UP), Gulf Cement Co, …
Cash Dividends
By 12:00 pm UAE time, the stock surged 5.31% (Photo Credit: Arabianeye-Reuters)
8 January 2017 11:19 AM Union Properties jumps to 21M high Sunday
Dubai – Mubasher: Union Properties’ stock enjoyed significant trading activity during Sunday’s trading, leading the Dubai Financial Market’s (DFM) in terms of value and volume. By 12:00 pm UAE time, the stock surged 5.31%, its highest daily rise …
Trading Activities
(Photo credit: Company's website)
25 December 2016 09:13 AM Union Properties to hold AGM 19 April
Dubai – Mubasher: Union Properties’ board of directors set 19 April for the company’s annual general meeting (AGM), or 26 April if the quorum is not available, subject to the Securities and Commodities Authority (SCA). During its meeting last …
Event
UP stock rose by 0.9% to reach AED 1.1 (Photo Credit: Arabianeye-Reuters)
21 December 2016 10:52 AM UP stock rises on new project approval
Dubai – Mubasher: The stock of Union Properties (UP) saw active performance on Wednesday following the news about Dubai Municipality’s approval for launching a new project by UP. UP stock rose by 0.9% to reach AED 1.1 by 11:40am UAE time at Dubai …
Trading Activities
(Photo credit: Company Website)
21 December 2016 09:56 AM UPP gets approval on Theme Park from Dubai Municipality
Dubai – Mubasher: The Union Properties (UPP) received an initial approval on Theme Park project worth AED 600 million from Dubai Municipality. The company noted that it is still waiting for clearance from Dubailand in order to conduct a detailed …
Companies Investments
The stock saw trading of 263.116 million shares (Photo Credit: Arabianeye-Reuters)
4 December 2016 00:07 PM UP rises to 16-month high
By: Bedour Alraei Dubai – Mubasher: The Union Properties (UP) topped gainers in Sunday’s mid-session, hitting its highest level in more than one year. The company’s stock rose 10.50% by 12:45pm UAE time to reach AED 1.01, its highest level since …
Trading Activities
UP acquired 28% of the market’s AED 656.24 million liquidity (Photo Credit: Arabianeye-Reuters)
27 November 2016 11:59 AM UP stock rises to 7-month high
By: Bedour Alraei Dubai – Mubasher: Union Properties’ (UP) stock saw the highest turnover and trading volume. The stock rose 7.42% by 12:40pm UAE time to AED 0.898, its highest level since April 2016. UP acquired 28% of the market’s AED 656.24 …
Trading Activities
UP seeks to launch a commercial and residential project worth AED 400 million in Motor City (Photo Credit: Company Website)
20 November 2016 09:50 AM UP Q4 profits likely to grow on assets sale
Dubai – Mubasher: Union Properties’ (UP) fourth-quarter profits are expected to grow if the company manages to sell some of its real estate assets, according to UP’s chairman Khalid Bin Kalban. The company will distribute rewarding cash dividends …
Companies Investments
UP financing costs fell to AED 13.39 million in Q3-16 (Photo Credit: Union Properties Website)
9 November 2016 09:47 AM Union Properties profits fall in Q3
Dubai – Mubasher: Union Properties (UP)  posted a 70.8% year-on-year decline in its profits during the third quarter of 2016, according to a statement. Profits reached AED 32.31 million ($8.8 million) in Q3-16, compared to AED 110.66 million …
Trading Activities
UP profits reached AED 71.74 million during Q2-16.(Photo Credit: Company Website)
30 October 2016 08:41 AM UP to disclose Q3 results early November
Dubai – Mubasher: Union Properties (UP) decided to announce on 8 November its financials for the third quarter of 2016, according to a bourse statement. The company posted a 270.4% year-on-year growth in its profits to AED 71.74 million during …
Event
A total of 43,219 single stock futures contracts have traded since the market opened (Photo Credit: Nasdaq Dubai)
18 October 2016 00:07 PM ADCB, UPP join Nasdaq Dubai’s equity futures market
Dubai – Mubasher: Nasdaq Dubai will add Abu Dhabi Commercial Bank (ADCB) and Union Properties (UPP) to its equity futures market, according to a statement. As a result, the number of UAE companies on which futures can be traded is increased to …
Companies Investments
The loan has duration period of six years (Photo Credit: Arabianeye-Reuters)
28 August 2016 08:15 AM UP approves AED 290m loan deal
Dubai – Mubasher: Union Properties’ (UP) ordinary general meeting agreed on Thursday to sign a credit facility with both RAK Bank and Ajman Bank. The loan is worth AED 290 million and allocated for Oia project, with duration period of six years, …
General Assembly
the board to enter into more than three-year loans - Photo Credit: company's website
25 August 2016 09:20 AM UP to discuss AED 290m loan deal today
Dubai – Mubasher: Union Properties' (UP) shareholders will consider today signing a credit facility worth AED 290 million with RAK Bank and Ajman Bank for Oia project. The shareholders will also discuss authorizing the board to enter into more …
Event
Photo Credit: Company Website
18 August 2016 09:23 AM UP to discuss Oia project financing Thursday
Dubai-Mubasher: Union Properties (UP) said its shareholders will discuss Oia project financing, according to a bourse statement. During their ordinary general meeting, the shareholders will consider entering into a agreement with RAK Bank and …
Event
(Photo Credit: Arabianeye-Reuters)
15 August 2016 00:04 PM Dubai Investments, UP stocks up in mid-session
Dubai-Mubasher: Dubai Investments' and Union Properties' (UP) stocks saw gains during Monday’s mid-session, backed by the positive news that one of their subsidiaries signed two new contracts. Dubai Investments' stock rose 2.8% to AED 2.2 by …
Trading Activities
Photo credit: Company's website
11 August 2016 00:13 PM UP expects projects under development to hit AED 2bn – Official
Dubai – Mubasher: Union Properties’ (UP) Chairman, Khalid Bin Kalban, expected the value of the company’s projects under execution to reach about AED 2 billion in the next three years. In an interview aired on Dubai One channel, Bin Kalban added …
Companies Investments
The stock rose 1.48% to AED 0.756 by 12:00pm UAE time (Photo Credit: Arabianeye-Reuters)
10 August 2016 11:27 AM UP stock rises on positive Q2 results
By: Mahmoud Gamal Dubai-Mubasher: Union Properties’ (UP) stock saw gains in Wednesday’s early trades, following the announcement of its positive results during the second quarter of 2016. The stock rose 1.48% to AED 0.756 by 12:00pm UAE time after …
Trading Activities
The company generated profits of AED 113.83 million in H1-16 (Photo Credit: Company's Website)
10 August 2016 08:50 AM Union Properties profits grow in Q2
Dubai-Mubasher: Union Properties posted a 270.4% year-on-year increase in its profits during the second quarter of 2016, according to a bourse statement. Profits reached AED 71.74 million ($19.53 million) in Q2-16, compared to AED 19.37 million …
Financial Results
UP targets to continue its rise and reach AED 0.792-0.806 (Photo Credit: Arabianeye-Reuters)
18 July 2016 00:17 PM UP rises to five-month high
By: Mahmoud Gamal Dubai-Mubasher: Union Properties’ (UP) stock grew 2.12% to AED 0.772, its highest level in five months. Speculators tended to trade on real estate stocks which reached attractive price levels after the beginning of first-half …
Stock Evaluations
The shareholders will consider authorising the board with new powers (Photo Credit: Company Website)
3 July 2016 09:09 AM UP to discuss Oia project financing mid-August
Dubai-Mubasher: Union Properties’ (UP) board will be considering a decision by circulation to hold the ordinary general meeting (OGM) on 18 August, according to a bourse statement. The shareholders will discuss, during their OGM, Oia project …
Event
Oia project's total cost stands at AED 450 million (Photo Credit: Company Website)
5 June 2016 10:08 AM UP signs finance facility for Oia project
Dubai-Mubasher: Union Properties (UP) signed an AED 290 million project finance facility for the construction of Oia Residence. Ajman Bank and National Bank of Ras Al-Khaimah (Rakbank) acted as joint lead managers for the transaction, while Alpen …
Banking and Finance