Research

April 16, 2009

Market & Company News

Stock Symbol

ARMX

Date

15/04/2009

Event

AGM Results

Comment

AGM approved BOD recommendation to distribute bonus shares for the year ended 31 Dec 2008 amounting to 10% of the Company's paid up capital and EGM postponed until 19/05/2009

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Stock Symbol

ADAVIATION

Date

15/04/2009

Event

AGM Results

Comment

AGM approved BOD proposal of 5% cash dividend and the last date to participate is 22/04/2009 with 26/04/2009 as the record date

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Stock Symbol

UAB

Date

15/04/2009

Event

AGM Results

Comment

AGM approved BOD proposal of 25% bonus shares with 26/04/2009 as the record date

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Stock Symbol

FTC

Date

15/04/2009

Event

AGM Results

Comment

AGM approved BOD proposal of cash dividends (no distribution of dividends)

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Stock Symbol

UNIKAI

Date

18/04/2009

Event

AGM

Comment

AGM to consider and approve cash dividend (30%) proposed by the Board of Directors

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Stock Symbol

NBAD

Date

27/04/2009

Event

BOD

Comment

BOD to meet and discuss the bank's performance for the first quarter of 2009

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Stock Symbol

DANA GAS

Date

15/04/2009

Event

AGM postponed due to lack of quorum

Comment

-

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Stock Symbol

IIG

Date

15/04/2009

Event

BOD Results

Comment

BOD approved the annual financial statement for the year ended 31/12/2008

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Stock Symbol

DRIVE

Date

19/04/2009

Event

BOD Meeting postponed to 19/04/2009

Comment

-

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Stock Symbol

INVESTB

Date

15/04/2009

Event

BOD Report on First Quarter of 2009

Comment

Invest Bank posted net profit of AED 88 million by the end of 1st quarter of 2009

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