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The Foodco National Foodstuff Co PJSC will hold a meeting on Monday, 18/03/2024, starting at 12:30 PM. The agenda includes approval of previous meeting minutes, discussion and approval of the Financial Statements for the year ended 31/12/2023, setting the AGM date, and discussing a proposal not to distribute any dividends for 2023. Other operational matters will also be discussed. The disclosure was made by the Board Secretary, Taysir Mokashfi, on 12/03/2024.
GFH Financial Group has announced the acquisition of 14,126,435 of its own shares (treasury shares), increasing its total holding from 57,969,050 (1.51% of total issued shares) to 72,095,485 (1.88% of total issued shares) as of March 12, 2024. The decision to purchase was taken by the company's board of directors in September 2021, with authority approval obtained in March 2024. The average purchase price was USD 7020 per share.
The Board of Directors of Union Properties PJSC held their first meeting for 2024 on March 12th. They approved the minutes of the previous meeting and ratified the previous resolutions made by circulation. The Board also approved the audited consolidated financial statement for the year ending December 31, 2023, and the Company’s Annual Integrated report for 2023, which includes the Governance and Sustainability reports. They also approved to call for the Annual General Assembly Meeting of the Company and to set its agenda in coordination with the Securities and Commodities Authority. Other matters were also discussed. The letter was signed by Fadi Saba, the Board Secretary of Union Properties PJSC.