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BHM Capital Financial Services P.S.C, a private joint stock company regulated by SCA with registration number 604097, has scheduled a board of directors meeting for Friday, 10 May 2024 at 11:00 AM. The agenda includes reviewing and approving Q1 Financial Statements of 2024, and discussing operational matters. The notice was issued by the board secretary, Ma’an Albostami.
The text provides a review report and condensed consolidated interim financial information for SUKOON INSURANCE P.J.S.C. and its subsidiaries. The report covers the three-month period ending on 31st March 2024. This company was formerly known as OMAN INSURANCE COMPANY P.S.C.
Sukoon Insurance PJSC has informed the Dubai Financial Market that its Board of Directors passed a resolution on 7th May 2024. The resolution approved the Financial Statements for Quarter 1 2024 and the appointment of Mohammed Abdel Razek as the Vice Chairman of the Board, subject to UAE Central Bank Director Approval. The information was communicated by Louise O'Donnell, Head of Strategy, Intl. Op, Legal & Compliance at Sukoon Insurance.
Resolution No. (395) of 2024 temporarily suspends trading of the shares of Hayah Insurance Company P.J.S.C. This decision is due to the company's failure to submit their Board of Directors meeting result. The suspension will commence on 7-May-2024 and will last until the company discloses the results of the Board of Directors meeting. The resolution mandates all heads of departments in ADX to execute this decision in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution has been approved by an authorized person and was issued on 07/05/2024.
A new contract series for equity futures products will be available for trading on the Dubai Financial Market from 9 May 2024 until 15 August 2024. The series includes futures contracts for various securities including AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. The announcement and further details can be found on the Dubai Financial Market's website. It's noted that the information is subject to change and the Dubai Financial Market Regulated Derivative Contract Trading Regulation prevails in case of any inconsistency.
The General Assembly Meeting of ESG Emirates Stallions Group P.J.S.C was held electronically on Monday, May 6, 2024, at 3:00 PM. Shareholders representing 94.94% of the Group's share capital attended. Several key figures were present, including Mr. Ali Saeed Abdulla Sullayem Alfalasi (Deputy Chairman), Mr. Abdulla Rashed Alrashdi (Board Member), and executives such as the Group CEO, COO, CFO, Legal Advisor, and others. Some Board Members were absent due to prior engagements. The meeting, chaired by the Deputy Chairman, proceeded with the agenda items, and the presence of the required quorum was confirmed.