| Meeting Date/Time | Monday, March 03, 2014 - 05:00 PM | Type of Meeting | Annual General Meeting |
|---|---|---|---|
| Net Profit/Loss | 284.6 million AED | Cash Dividend | 5% |
| Bonus Share | |||
| Announcements/Resolutions | 1. Ratified the Board of Directors report of the company's performance and its financial position for the fiscal year ending 31/12/2013 2. Ratified the external auditors report for the fiscal year ending 31/12/2013 3. Ratified the company's statement of financial position and income statement for the fiscal year ending 31/12/2013 4. Approaved the Board of Director's recommendation to distribute cash dividends 5% of the paid capital 5. Ratified the Shari'a & Fatwa Supervisory Board report for the fiscal year ending 31/12/2013 6. Approved the re-appointment of PricewaterhouseCoopers External Auditors for the fiscal year 2014 for AED 183,500 7. Approved the discharge of members of the Board of Directors and the external auditors from their laibilities for the fiscal year year ending 31/12/2013 8. The annual meeting was held in the presence of the Company's board of directors as outlined in the decree issued by His Highness Sheik Mohammed bin Rashed Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, including: - HE/Essa Abdulfattah Kazim, Chairman - Mr. Rashif Hamad Al Shamsi, Board member - Mr. Mohammed Humaid Al Mari, Board member - Mr. Adil Abdulla Al Fahim, Board member - Mr. Ali Rashid Al Mazroei, Board member - Mr. Mussabah Mohammed Alqaizi, Board member |
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| Last Date For Dividend Entitlement | Tuesday, March 11, 2014 | Ex-Dividend Date | Wednesday, March 12, 2014 |
| Register Closing (Settlement) Date | Thursday, March 13, 2014 | Trading Suspension Date | |
| Trading Resuming Date | Dividends Payment Date | Tuesday, April 01, 2014 | |
| Payment Entity | Dubai Financial Market | Meeting Venue | DFM trading hall |
Downloads:
DFM_AGMRES_04_03_2014_0736AM_NN.pdf
