Fujairah Cement Industries

Logotype for Fujairah Cement Industries
Ticker/ISIN
FCI
AEF000301018
Market/Country
Abu Dhabi Stock Exchange
United Arab Emirates
Latest Stock Price
0.31 AED
2024-02-20

Year to date

-0.22 %

3 months

-0.10 %

6 months

0.00 %

1 year

0.00 %

3 years

0.00 %

5 years

0.00 %

-

Latest Pressrelease Summaries

The Board of Directors of Fujairah Cement Industries (PJSC) held a meeting on Monday, September 30, 2024, from 11:00 AM to 1:00 PM. Nine board members were present, achieving an 82% quorum. The meeting included discussions on the company's current situation with their financial advisor, Ernst & Young, and updates on regular operational matters. The meeting was documented by Saeed Ahmed Ghareib Alseridi.
The Fujairah Cement Industries PJSC held its second General Assembly Meeting on December 9, 2024, at 11:00 AM at their factory in Dibba, Fujairah. The meeting was chaired by Sheikh Mohamed Bin Hamad Bin Saif Al Sharqi and attended by several board members and representatives both in person and electronically. The quorum was met with 188,247,330 shares, representing 52.90% of the total shares. The assembly approved the appointment of Lumi Global as the coordinator and vote counter, and Mr. Ashraf Eisa Yed as the meeting reporter. The chairman welcomed the attendees and reviewed the meeting agenda.
Greetings, SUBJECT: Results of the Second General Assembly Meeting held on 12/09/2024. We are pleased to present the results of the Second General Assembly Meeting of Fujairah Cement Industries (PJSC), which was held (electronically/in-person) on Thursday, 12/09/2024, at 11:00 am. Best Regards, Saeed Ahmed Ghareib Alseridi General Manager Cc: Securities and Commodities Authority (SCA)
The Board of Directors of Fujairah Cement Industries (PJSC) held a meeting on Thursday, 12/09/2024, from 12:00 PM to 01:00 PM. Eight board members were present, achieving a quorum of 73%. During the meeting, the Board approved the procedures for implementing decisions taken at the General Assembly Meeting No. 43, in accordance with relevant regulations and laws, and discussed operational matters.
Resolution No. 479 of 2024 details the temporary suspension of trading for Fujairah Cement Industries (FCI) shares on the Abu Dhabi Securities Exchange (ADX). The suspension will occur from 11:00 AM on September 12, 2024, coinciding with FCI's Annual General Meeting (AGM), and will last until ADX receives the AGM results. The resolution mandates all ADX department heads to implement the suspension within their respective areas and requires the resolution to be circulated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was approved by the authorized person and issued on September 5, 2024.
Subject: Postponement of the General Assembly Meeting on 05/09/2024 Dear Disclosure & Compliance Section and Exchange Operations Division at Abu Dhabi Securities Exchange, Greetings, We wish to inform you that the quorum for the General Assembly Meeting scheduled for 05/09/2024 was not met. Consequently, the second General Assembly Meeting will be held on Thursday, 12/09/2024, at the same venue and time. Best Regards, Saeed Ahmed Ghareib Alseridi General Manager Cc: Securities and Commodities Authority (SCA)
The General Assembly Meeting scheduled for 05/09/2024 has been postponed due to the lack of a quorum. The second meeting will now take place on Thursday, 12/09/2024, at the same venue and time. This notice was issued by Saeed Ahmed Ghareib Alseridi, the General Manager, and a copy has been sent to the Securities and Commodities Authority (SCA).
The Board of Directors meeting initially scheduled for September 5, 2024, has been postponed to September 12, 2024, at 12:00 PM. This information was communicated by Saeed Ahmed Ghareib Alseridi, the General Manager, with a copy sent to the Securities and Commodities Authority.

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ADX News

ADX News

News Update From Fujairah Cement Industries

Disclosures: Fujairah Cement Industries Board Meeting Results held on 09/01/2024 at 11:00

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ADX News

ADX News

News Update From Fujairah Cement Industries

ADX Disclosures: Temporary suspension of trading on the shares of Fujairah Cement Industries on 09 Jan 2024

Resolution No. (259) of 2024 announces the temporary suspension of trading on the shares of Fujairah Cement Industries. The suspension is due to a board of directors meeting scheduled for 11:00 on 9th January 2024, which coincides with the trading session at ADX. Trading in FCI shares will be suspended from 09:30 on 9th January 2024 until ADX receives the meeting results. All heads of departments in ADX are to execute this resolution in their respective fields. This resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 4th January 2024.

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ADX News

ADX News

News Update From Fujairah Cement Industries

Disclosures: Fujairah Cement Industries Announcement of Board Meeting to be held on 09/01/2024 at 11:00

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ADX News

ADX News

News Update From Fujairah Cement Industries

Disclosures: Fujairah Cement Industries- Material Information Disclosure

The Abu Dhabi Securities Exchange has announced a temporary suspension of cement and clinker sales for Fujairah Cement Industries (PJSC) for a period of 45 to 60 days, starting from 01/01/2024. This suspension is due to a major refurbishment activity. The company anticipates a revenue loss during this period, which will impact the financial position and results of the company's business and operations. The financial impact will be visible in Q1 of 2024. The announcement was made by the company's Chairman, Mohamed Bin Hamad Bin Saif Al Sharqi.

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ADX News

ADX News

News Update From Fujairah Cement Industries

Disclosures: Fujairah Cement Industries - RELOCATION OF INVESTOR RELATIONS DEPARTMENT

The Investor Relations Department of Abu Dhabi Securities Exchange will be relocating from their head office in Fujairah to a factory facility in Dibba-Fujairah, effective from 27/11/2023. For any queries related to the department, contact Ashraf Elsayed, the Investor Relations Manager, at the provided mobile number and email addresses. The notice is signed by the Chairman, Mohamed Bin Hamad Bin Saif Alsharqi.

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ADX News

ADX News

News Update From Fujairah Cement Industries

ADX Disclosures: FCI Resumption Notice

The text presents an independent auditor's review report and condensed consolidated interim financial statements for Fujairah Cement Industries PJSC and its subsidiary. The report covers a nine-month period ending on September 30, 2023, and it is noted that the information has not been audited.

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ADX News

ADX News

News Update From Fujairah Cement Industries

Disclosures: Fujairah Cement Industries Financial Results for the Period Ended September 30,2023

The text is an independent auditor's review report and condensed consolidated interim financial statements for Fujairah Cement Industries PJSC and its subsidiary. The report covers the nine-month period that ended on September 30, 2023, and it is unaudited. The companies are based in Fujairah, United Arab Emirates.

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ADX News

ADX News

News Update From Fujairah Cement Industries

Disclosures: Fujairah Cement Industries Management Discussion and Analysis Report for the Period Ended September 30,2023

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ADX News

ADX News

News Update From Fujairah Cement Industries

Disclosures: Fujairah Cement Industries Board Meeting Results held on 13/11/2023 at 11:00

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ADX News

ADX News

News Update From Fujairah Cement Industries

ADX Disclosures: Temporary suspension of trading on the shares of Fujairah Cement Industries on 13 Nov 2023

Resolution No. 229 of 2023 temporarily suspends trading on the shares of Fujairah Cement Industries. The decision is due to the Board of Directors Meeting scheduled for 11:00 on 13-Nov-2023, which coincides with the trading session at ADX. Trading in FCI shares will be suspended from 09:30 on 13-Nov-2023 until ADX receives the meeting results. Heads of departments at ADX are required to execute this resolution in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was approved by an authorized person and issued on 02/11/2023.

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