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GFH Financial Group announced that the Ordinary General Meeting scheduled for 17th March 2024 did not meet the required quorum as the quorum reached was 25.68%. As a result, the second meeting has been rescheduled for 24th March 2024 at 09:30 p.m. at GFH House, Bahrain Financial Harbour - Sea Front. In light of the rescheduling, the company also updated its dividend distribution dates. The General Meeting Date is now 24th March 2024, Cum-Dividend Date is 1st April 2024, Ex-Dividend Date is 2nd April 2024, Record Date for Bahrain Bourse, Dubai Financial Market and Abu Dhabi Securities Exchange listed shares is 3rd April 2024, Record Date for Boursa Kuwait listed shares is 4th April 2024, and Payment Date is 16th April 2024. These dates are subject to a quorum being met on the rescheduled meeting date.
The 26th Ordinary General Assembly Meeting of Ooredoo (Q.P.S.C) was held on 6th March 2024 in Doha, Qatar. The meeting was attended by the board of directors, representatives from PwC, the Ministry of Commerce and Industry, and shareholders. The Chairman of the Board of Directors, H.E. Sheikh Faisal Bin Thani Al Thani, opened the meeting and the appointment of Mr. Hilal bin Mohammed Al -Khulaifi as the "Rapporteur of the meeting" and Mr. Hassan bin Nabeel Al-Kuwari as Assistant Rapporteur were approved by the General Assembly. The agenda was also approved and the meeting proceeded to discuss the company's business plans and the Board's report for the year ended 31 December 2023.
Burjeel Holdings, a leading healthcare services provider in the MENA region, has announced a long-term ESG (Environmental, Social, and Governance) strategy. The strategy, which has been approved by the company's board of directors, is designed to position Burjeel as an ethical leader in the healthcare industry. The strategy is centered around four key pillars: Healthy Environment, Healthy Community, Healthy Governance, and Healthy System. These pillars aim to promote a clean environment, well-being in the community, transparent governance, and a safe, adaptable system. This move is part of Burjeel’s mission to provide high-quality healthcare to communities in the GCC and to promote a sustainable work environment for its employees.
The GFH Financial Group has announced the acquisition of 10,923,830 of its own shares (treasury shares), increasing its total holding from 148,193,606 shares (3.87% of total issued shares) to 159,117,436 shares (4.15% of total issued shares) as of 15th March 2024. The decision to purchase was made in a board meeting in September 2021, and the purchase was approved by the Authority in March 2024. The shares were purchased at an average price of USD 8720 each.