HILY HOLDING PJSC

On April 25, 2024, HILY Holding PJSC held a General Assembly Meeting from 13:00 PM to 13:26 PM. The meeting took place at the company's head office and was also accessible electronically. The meeting was chaired by Dr. Mohamed Ali Khamis Al Hosani, a member of the Board of Directors. The quorum of total attendance was 85.13%, with the same percentage attending through electronic voting. The authenticity percentage was 0.173%, while the proxy percentage was 84.955%.

On 25/04/2024, HILY HOLDING PJSC held a General Assembly Meeting from 13:00 PM to 13:26 PM at the company's head office and electronically. The meeting was chaired by Dr. Mohamed Ali Khamis Al Hosani, a member of the Board of Directors. The quorum of total attendance was 85.13%, with the same percentage attending through electronic voting. The authenticity percentage was 0.173%, and the proxy percentage was 84.955%.

Hily Holding PJSC held a board meeting via video conference on 25/04/2024, with a quorum of 71.4%. The meeting, which began at 2:00 PM and ended at 2:30 PM, saw the approval of the minutes of the previous meeting. Mr. Ahmed Ali Khalfan Al Dhaheri was elected as the Chairman of the Board, while Mr. Mohamed Saeed Al Qubaisi was elected as the Vice Chairman. The formation of Board committees was also confirmed during the meeting.

Hily Holding PJSC has scheduled a board meeting on Tuesday, 25/04/2024, at 2:00 PM. The agenda includes approving the minutes of the previous meeting, electing the Chairman and Vice Chairman of the Board, and forming the Board Committees. The disclosure was authorized by the Board Secretary, Taysir Mokashfi, on 18/04/2024.

Resolution No. 359 of 2024 temporarily suspends trading of HILY HOLDING PJSC shares on ADX due to the company's AGM being held at the same time as the trading session. The suspension will start at 09:00 on 25-Apr-2024 and will continue until ADX receives the AGM results. All department heads at ADX are required to implement 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, approved by the authorized person, was issued on 03/04/2024.

The text provides contact information for Hily Holding (P.J.S.C), which is located at Mena Zayed, Plot 432, PO Box 2378, Abu Dhabi, United Arab Emirates. The company has been in operation since 1979 under the motto "Stronger Together". The text also mentions a Governance Report of 2023.

Hily Holding PJSC held a board meeting on 19/03/2024 via video conference. All five board members were present and the minutes from the previous meeting were approved. The financial statement for the period ending 31/12/2023 was discussed and approved, with a net profit of 6.188 million AED compared to 76.915 million AED in 2022. The board decided to call for a General Assembly Meeting on 24/04/2024, subject to SCA approval, with proposals to not distribute dividends for 2023 and to discuss board remuneration for the same year. The Corporate Governance Report and the audit committee report for 2023 were both approved. Other operational matters were discussed and decisions were taken.

Resolution No. 327 of 2024 temporarily suspends trading on the shares of HILY HOLDING PJSC. The suspension is due to coincide with the Board of Directors meeting scheduled for 13:00 on 19-Mar-2024. Trading of FOODCO shares will be suspended from 09:00 on 19-Mar-2024 until the results of the meeting are received by ADX. All heads of departments in 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 issued on 14/03/2024 and has been approved by the authorized person.