Gulf Cement Co.
Ticker/ISIN
GCEM
AEG000101010
Market/Country
Abu Dhabi Stock Exchange
United Arab Emirates
Latest Stock Price
0.40 AED
2024-02-21
Year to date
-0.13 %
3 months
0.00 %
6 months
0.00 %
1 year
0.00 %
3 years
0.00 %
5 years
0.00 %
Gulf Cement Company was established in 1977 as a Public Shareholder Company in the United Arab Emirates, with an authorized and paid capital AED 821 096 820. The company's factory located in Ras Al Khaimah – Khore Khwair area and the advantage of bio-situated near the quarries of main and essential raw materials (limestone) as well as its proximity to the Saqr Port, making it easier to import equipments and materials process, and export of products, cement, Clinker and GGBS. The Gulf Cement Company considered as one of major cement producers in the United Arab Emirates, the actual production began in 1982. Since incorporation, the Company conducted a lot of improvements and expansions to increase production capacity and efficiency, where production capacity reached 3.6 million tons of Clinker and 2.5 million tons of Cement per year.
Latest Pressrelease Summaries
Resolution No. (458) of 2024 temporarily suspends trading of Gulf Cement Co. (GCEM) shares on the Abu Dhabi Securities Exchange (ADX) from 14:00 on 12-Aug-2024 until ADX receives the results of the company's Board of Directors meeting, which coincides with the trading session. All relevant ADX departments are instructed to implement this resolution. The resolution will 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 06/08/2024.
Resolution No. 396 of 2024 announces the temporary suspension of trading on the shares of Gulf Cement Co. on the ADX (Abu Dhabi Securities Exchange). The suspension is due to coincide with a Board of Directors meeting scheduled for 14:00 on 15-May-2024. Trading will be suspended from 09:00 on the same day until the ADX receives the meeting results. All department heads at ADX are instructed to execute this resolution in their respective fields. The resolution will be circulated to the SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 08/05/2024.
Resolution No. 369 of 2024 temporarily suspends trading of Gulf Cement Co. shares on the ADX due to the company's AGM scheduled for 13:00 on 18-Apr-2024, which coincides with the trading session. The suspension will start from 09:00 on the same day until the AGM results are received by ADX. All department heads in ADX are tasked with implementing this resolution in their respective fields. The resolution will be distributed to SCA, the concerned company, all ADX departments, and all brokers accredited by ADX. The resolution was approved by the authorized person and issued on 18/04/2024.
Resolution No. 279 of 2024 concerns the temporary suspension of trading on the shares of Gulf Cement Co. This action is taken in accordance with Article No. 16 of the Regulations concerning the listing of securities on the ADX. The decision was made because the Board of Directors of Gulf Cement Co. will be holding a meeting on 13-Feb-2024 at 14:00, which coincides with the trading session at ADX. As a result, trading in GCEM shares will be suspended from 09:00 on 13-Feb-2024 until ADX receives the meeting results. All heads of departments in ADX are 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 the authorized person and issued on 07/02/2024.
Threads
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ADX Disclosures: GCEM Resumption Notice
Disclosures: Gulf Cement Co. Financial Results for the Period Ended June 30,2024
Disclosures: Gulf Cement Co. Management Discussion and Analysis Report for the Period Ended June 30,2024
Disclosures: Gulf Cement Co. Board Meeting Results held on 12/08/2024 at 14:00
ADX Disclosures: Temporary suspension of trading on the shares of Gulf Cement Co. on 12 Aug 2024
Resolution No. (458) of 2024 temporarily suspends trading of Gulf Cement Co. (GCEM) shares on the Abu Dhabi Securities Exchange (ADX) from 14:00 on 12-Aug-2024 until ADX receives the results of the company's Board of Directors meeting, which coincides with the trading session. All relevant ADX departments are instructed to implement this resolution. The resolution will 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 06/08/2024.
Disclosures: Gulf Cement Co. Announcement of Board Meeting to be held on 12/08/2024 at 14:00
Disclosures: Gulf Cement Co. Article of Association
Disclosures: Gulf Cement Co. Article of Association Amendment
Disclosures: Gulf Cement Co. Article of Association Amendment
Disclosures: Gulf Cement Co. Announcements
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