RAK Ceramics PJSC

RAK Ceramics PJSC has released its earnings presentation for the second quarter and the first half of 2024 as of August 2024.

In August 2024, the platform released its Q2 2024 earnings report.

The text announces the release of Q1 2024 earnings in May 2024. This is relevant for those interested in finance and investing.

Resolution No. (309) of 2024 dictates the temporary suspension of trading on the shares of RAK Ceramics PJSC. This is due to the company's AGM being held at 11:00 on 26-Mar-2024, a time that coincides with the trading session at ADX. As such, trading in RAKCEC shares will be suspended from 09:00 on 26-Mar-2024 until ADX receives the AGM results. All heads of departments in ADX are tasked with executing 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. It has been approved by the authorized person and was issued on 01/03/2024.

The Board of Directors of RAK Ceramics PJSC has invited shareholders to attend the Annual General Meeting on 26 March 2024, at the Waldorf Astoria Hotel in RAK, Al Jazerrah Al Hamra or online. The agenda includes approval of the company's financial position and the auditor's report for 2023, approval of the balance sheet and profit and loss account for 2023, approval of the interim cash dividend and the recommended dividend for the second half of 2023, approval of transfers to retained earnings, approval of board remuneration, discharging or removing board members and the auditor, appointing auditors for 2024, and electing board members. Shareholders attending virtually must register electronically to vote. Shareholders can delegate a proxy to attend, with certain conditions.

R.A.K. Ceramics P.J.S.C has announced the opening of nominations for its Board of Directors membership, from 01/03/2024 to 10/03/2024. Seven board members will be elected. Applications for nomination can be submitted to the company's head office in Ras Al Khaimah. Applicants must meet conditions outlined in the Federal Law No. (32) of 2021 and the Chairman of Authority's Board of Directors' Decision no. (3/Chairman) of 2020. Candidates cannot transfer their nomination after the nomination period ends. The list of candidates will be published on the company's website and at the head office on 22/03/2024, and will be sent to the Securities and Commodities Authority.

The text is about RAK Ceramics PJSC's earnings presentation for the fourth quarter and full year of 2023, which was held in February 2024.

The text announces the release of the fourth quarter (Q4) and full year (FY) 2023 earnings.