Press releases, Reports & Disclosures for BHM Capital Financial Services PSC

BHM Capital, a leading financial institution in the UAE capital markets, is nearing the final stage of signing an Investment Management Agreement with Ethmar International Holding (EIH) to manage the group's local equity portfolio. BHM Capital, a private joint stock company listed on the Dubai Financial Market (DFM), is regulated by the UAE Securities and Commodities Authority and has been providing investment management services since 2020. The company is a subsidiary of EIH Ethmar International Holding PJSC.

BHM Capital Financial Services PJSC, a joint-stock company regulated by the SCA, has temporarily suspended its shares from trading on the Dubai Financial Market. This action is in compliance with transparency and disclosure principles and will remain in effect until the company's audited financial statements for the fiscal year ending December 31, 2023, are disclosed. The company has assured that the financial statements will be published on February 7, 2024, as previously arranged with the auditor and as stated in the Board of Directors meeting held on February 5, 2024.

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the SCA, held a board meeting on 5th February 2024. The meeting, which achieved an 80% quorum, saw the approval of the company's consolidated financial statements for the year ending December 2023. The board recommended distributing bonus shares amounting to AED 50,000,000, which is 28.83% of the capital, and cash dividends of 7.75% of the capital, amounting to AED 13,440,907. The agenda and invitation for the Annual General Assembly Meeting for the year ended 2023 were also approved, subject to Ministry of Economy approval. Other regular matters and businesses were discussed.

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority (SCA), is holding a board of directors meeting on Monday, 5th February 2024 at 12:00 PM. The agenda includes reviewing and approving the annual consolidated financial statements for 2023, and discussing operational matters. The company is registered under the number 604097 and is based in Dubai, UAE. The notice is issued by the Board Secretary, Ma’an Albostami.

The Private Joint Stock Company, BHM Capital Financial Services PSC, has released its preliminary results for the year ended December 31, 2023. The company was established on March 11, 2006, and has a paid up, subscribed, and authorized capital of 173,431,068. The Chairman of the Board is Alhur Mohammed Hamad AlSuwaidi and the CEO is Abdel Hadi Al Sa’di. The company's external auditor is RSM Dahman. The mailing address is P.O. Box 26730, Dubai, UAE, and the contact details include telephone 04-5247555, fax 04-5247556, and email compliance@bhmuae.ae.

BHM Capital, a prominent financial institution in UAE's capital markets, has been appointed as the Liquidity Provider for RAK Properties PJSC, a company listed on the Abu Dhabi Securities Exchange. BHM Capital will ensure liquidity for RAK Properties' shares by actively participating in the market trading system, complying with regulations set by the Abu Dhabi Securities Exchange and the UAE Securities and Commodities Authority. The appointment aims to enhance price stability, attract a wider range of investors, increase turnover, and boost the market value of RAK Properties by introducing new investments, thereby stimulating the financial markets and increasing the appeal of listed companies.

The CEO of BHM Capital Financial Services PSC, Abdel Hadi Al Sa’di, has responded to an inquiry from the Dubai Financial Market about the recent surge in trading of the company's shares. Al Sa’di confirmed that there is no undisclosed operational or technical information or news about the company that could explain the increase in share trading.

BHM Capital Financial Services P.S.C, a private joint stock company regulated by SCA, has decided to postpone the date of the General Assembly to elect a new Board of Directors. This decision comes in response to the request of 67.85% of shareholders. The new date for the General Assembly, which will also approve the Board of Director's report on the company's financial position and activity for the fiscal year, is yet to be determined. The information was communicated by the company's CEO, Abdel Hadi Al Sadi, to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market.

BHM Capital Financial Services PSC, a private joint stock company regulated by SCA, has informed the Dubai Financial Market of a board resolution passed by 67.85% of its shareholders. The resolution includes a call for the Company's General Assembly to convene on Thursday 18th January 2024 or any other date approved by the Ministry of Economy. The agenda of the General Assembly includes the election of the company's board of directors. This information was conveyed by Abdel Hadi Al Sadi, the Chief Executive Officer of BHM Capital Financial Services PSC.

Dubai Taxi has appointed BHM Capital Financial Services PJSC, a leading financial institution in the UAE, as a Liquidity Provider for its shares listed on the Dubai Financial Market (DFM). As per the agreement, BHM Capital will provide liquidity for Dubai Taxi's shares by entering two-way daily quotes into the market trading system, in compliance with the regulations set by DFM and the UAE Securities and Commodities Authority (SCA). BHM Capital, a subsidiary of EIH Ethmar International Holding PJSC, is a top-ranked firm in UAE's financial markets and a pioneer in financial technology.