Press releases, Reports & Disclosures for Emirates Refreshments Company
On October 4, 2024, Emirates Reem Investments Company P.J.S.C announced an acquisition transaction involving the purchase of a 55% stake in Worldwide General Trading - Sole Proprietorship L.L.C and Pallets General Trading - Sole Proprietorship L.L.C. The transaction is valued at AED 15.4 million, representing 4.81% of the company's capital. The acquisition aims to achieve diversification, forward and horizontal integration, and synergy cost benefits, without affecting shareholders' rights.
The document is a review report and condensed consolidated financial information for Emirates Reem Investments P.J.S.C. for the six-month period ending on June 30, 2024.
The document is a review report and condensed consolidated financial information for Emirates Reem Investments Company P.J.S.C. It covers the company's financial performance over a three-month period ending on 31st March 2024.
The General Assembly Meeting of Emirates Reem Investments Company P.J.S.C was held on 18th April 2024, both physically and via e-voting. The meeting reviewed and approved the Director's report on the company's activities and financial position for the fiscal year ended 31/12/2023. The company's auditor's report was also reviewed and approved. The financial statements, including the profit and loss statements for the year ended 31/12/2023, were discussed and approved. The Board of Director's recommendation of not distributing dividends for the financial year ended 31 December 2023 was also considered and approved.