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General Assembly

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21 July 04:13 PM EMPC unveils payment date for 2023 dividends
Cairo – Mubasher: Egyptian Media Production City Company (EMPC) announced the distribution of EGP 0.50 per share in cash dividends for 2023 on 8 August 2024. The eligibility date will be 5 August, according to a bourse filing. The ordinary general …
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14 July 01:37 PM Amlak International announces key board appointments
Riyadh – Mubasher: Amlak International Finance Company has appointed Abdullah bin Ibrahim Al Howaish as the Chairman for the new board term, which commenced on 4 June 2024. The company appointed Amr bin Mohammed Kamel as the Vice Chairman and …
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10 July 07:37 PM Burgerizzr unveils key board appointments
Riyadh – Mubasher: Shatirah House Restaurant Company (Burgerizzr) has appointed Mohammed bin Ali Al Ruwaigh as the Chairman of the board for the coming four years. Sami bin Mohammed Obaid has been named as the Vice Chairman for the same board …
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10 July 05:58 PM Ras Al Khaimah raises equity ownership in RAK Properties to 34%
Abu Dhabi – Mubasher: The Emirates of Ras Al Khaimah has increased its stake in RAK Properties to reach 34.16% following the Securities and Commodities Authority’s (SCA) approval. This equity raise comes upon the March annual general meeting (AGM) …
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10 July 04:48 PM RAK White Cement ratifies 25% acquisition offer from India’s UltraTech Cement; details unveiled
Abu Dhabi – Mubasher: The general assembly meeting of Ras Al Khaimah Company for White Cement and Construction Materials (RAK White Cement) approved, on 9 July 2024, the conditional cash offer from Indian manufacturer UltraTech Cement Middle East …
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10 July 02:58 PM Al Seer Marine elects Chairman, Vice Chairman
Abu Dhabi – Mubasher: The board members of Al Seer Marine Supplies & Equipment have elected Readh Faraj Ahmed Alkindi as the Chairman of the board, upon a resolution in their 9 July 2024 meeting. Meanwhile, General Jasem Yousef Yaqoob Almansoori …
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4 July 01:48 PM Ebank’s EGM nods for capital hike, bonus share payment
Cairo – Mubasher: The extraordinary general meeting (EGM) of Export Development Bank of Egypt (EBank) has approved raising the authorised capital to EGP 20 billion from EGP 10 billion. The EGM also ratified increasing the bank’s issued and paid-up …
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3 July 11:47 AM Cenomi Centers unveils payment date for Q1-24 dividends
Riyadh - Mubasher: Arabian Centres Company (Cenomi Centers) has announced the distribution of cash dividends of SAR 178.13 million for the first quarter (Q1) of 2024 on 18 July 2024. The approved dividends are equivalent to SAR 0.375 per …
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27 June 05:38 PM Saudi Ceramics’ shareholders approve 25% capital increase
Riyadh – Mubasher: The equityholders of Saudi Ceramic Company (Saudi Ceramics) greenlighted, during the 26 June extraordinary general meeting (EGM), a capital hike by 25% to SAR 1 billion from SAR 800 million, according to a bourse disclosure. The …
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26 June 12:27 PM 2P Prefect Presentation, Pan Gulf announce capital hike
Riyadh – Mubasher: Prefect Presentation for Commercial Services (2P Prefect Presentation) and Pan Gulf Marketing Company obtained the shareholders’ approval, on 25 June, to increase their capital. 2P Prefect Presentation will raise its capital by …
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25 June 11:22 AM ADNOC Drilling’s shareholders approve new dividends policy for 2024-28
Abu Dhabi – Mubasher: The shareholders of ADNOC Drilling Company greenlighted the new progressive dividend policy for 2024-2028, which will see dividends grow by at least 10% annually. The expected cumulative minimum yield from the new policy is …
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23 June 08:31 AM Al Rashid Industrial to disburse SAR 8m cash dividends for 2023
Riyadh – Mubasher: Al Rashid Industrial Company obtained the extraordinary general meeting (EGM) approval to disburse cash dividends amounting to SAR 8 million for 2023. Eligible shares will receive SAR 1 per share, representing 10% of the share's …
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20 June 05:37 PM RAK Properties obtains SCA’s nod for issued capital increase
Abu Dhabi – Mubasher: RAK Properties Company has received the approval of the Securities and Commodities Authority (SCA) to raise its issued capital to AED 3 billion from AED 2 billion, according to a bourse filing on 20 June 2024. The amended …
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13 June 10:46 AM Modern Mills to disburse SAR 82m dividends for 2023
Riyadh – Mubasher: The shareholders of Modern Mills for Food Products Company greenlighted SAR 81.83 million, equivalent to 100% of the share capital, for 2023.  The firm will pay out a dividend of SAR 1 per share on 7 July 2024, according to a …
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11 June 12:03 PM Qassim Cement’s shareholders pass capital raise to fully acquire Hail Cement
Riyadh – Mubasher: The extraordinary general meeting (EGM) of Qassim Cement Company approved increasing the capital by 22.80% to SAR 1.10 billion from SAR 900 million. The Saudi firm will issue 20.55 million ordinary shares with a nominal value of …
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10 June 02:40 PM B Investments’ shareholders greenlight dividends for 2023
Cairo – Mubasher: The ordinary general meeting (OGM) of B Investments Holding approved the board’s proposal to distribute cash dividends amounting to EGP 1 per share for 2023. The company will disburse a dividend of EGP 218.36 million in addition …
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9 June 03:19 PM Alexandria Container’s EGM approves capital raise
Cairo – Mubasher: The extraordinary general meeting (EGM) of Alexandria Container and Cargo Handling Company approved increasing the authorised capital to EGP 2 billion from EGP 1 billion. The shareholders also agreed to raise the issued and …
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9 June 12:00 PM Sumou Real Estate’s shareholders nod for capital increase
Riyadh – Mubasher: The shareholders of Sumou Real Estate Company greenlighted a 33.33% capital hike to SAR 500 million from SAR 375 million, according to a bourse disclosure. The number of shares will stand at 50 million shares, higher by 12.50 …
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9 June 09:33 AM Fitness Time to disburse SAR 51m dividends for Q1-24
Riyadh – Mubasher: The shareholders of Leejam Sports Company (Fitness Time) approved cash dividends amounting to SAR 50.81 million in the first quarter (Q1) of 2024. The company will disburse a dividend of SAR 0.97 per share, equivalent to 9.70% …