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BHM Capital Financial Services P.S.C, a private joint stock company regulated by SCA (Registration No: 604097), held a General Assembly meeting on Monday, 26 August 2024, from 11:00 AM to 12:00 PM online. The meeting was chaired by Mr. Saeed Musallam Almazrouei and had an attendance quorum of 85.32%, with 5.87% attending personally and 79.45% by proxy. The meeting approved the appointment of Mr. Hatem Salti as a Board member and the acquisition of Al Waqan Capital Investment LLC in exchange for issuing new shares to its partners.
The Board of Directors of “BHM Capital Financial Services P.S.C” invites its shareholders to attend the General Assembly Meeting, which will be held remotely/online on Monday, August 26, 2024, at 11:00 AM. If the quorum is not met, the meeting will be rescheduled to September 2, 2024, at the same time and place. The agenda for the meeting will be reviewed and discussed.
On August 26, 2024, The National Investor PrJSC announced a delay in its planned capital decrease and the return of the reduced capital amount, originally set for the same date. This delay is due to the need for approval from the Ministry of Economy. The company is actively working to secure this approval and ensure all necessary conditions are met. The delay is temporary, and the capital decrease and distribution will proceed once approval is granted. The company is committed to transparency and will provide updates as more information becomes available.