February 16, 2009
Market & Company News
Stock Symbol
Air Arabia
Date
15/2/2009
Event
BOD Meeting results
Comment
Recorded a annual net profit of 35.6% and proposed a 10% cash dividends
Stock Symbol
CBD
Date
17/2/2009
Event
BOD Meeting
Comment
BOD to meet and discuss the financial results for the year end of 2008 along with the budget for 2009 and proposal for distributing dividends, and AGM to be held on 18/3/2009
Stock Symbol
SHUAA
Date
15/2/2009
Event
Discloses financial results for 2008
Comment
-
Stock Symbol
MASQ
Date
14/2/2009
Event
Financial results show core revenue growth of 28.5%
Comment
-
Stock Symbol
RAKNIC
Date
19/2/2009
Event
BOD Meeting
Comment
BOD to meet and discuss the financial results for the year end of 2008 and proposal for distributing dividends.
Stock Symbol
SOROUH
Date
16/2/2009
Event
BOD decides to reduce the foreigner percentage from 20% to 15%
Comment
-
Stock Symbol
Al Firdous Holding Co.
Date
16/2/2009
Event
The company records AED 19.5million as a net profit by the end of the third quarter of 2008
Comment
-
Stock Symbol
Finance House
Date
15/2/2009
Event
AGM approved 100% cash dividends and last day to participate is 23rd Feb 09 with 25th Feb 09 as the record date
Comment
The company would like to clarify that the dividend amount of AED 200,000,000 does not include the dividend on the 20,000,000 shares issued in 2008 upon conversion of convertible bonds, further more the right to receive this dividend has been waived by the holder of the converted shares, as part of the original conversion agreement.
Stock Symbol
UIC
Date
10/2/2009
Event
BOD Meeting
Comment
BOD proposed a 25% cash dividend subject to AGM
Stock Symbol
EIB
Date
15/2/2009
Event
EIB has announced recording a net profit, excluding depositors of AED 401 million an outstanding increase of 68% when compared to 2007
Comment
-