Press releases, Reports & Disclosures for The National Investor PRJSC

The National Investor PrJSC (TNI) has issued a warning to its customers about scammers using the company's name, employee names, and logo to advertise fake investment opportunities and tenders online. The fraudsters are asking for personal, business, and financial information, including credit card and bank account details, supposedly for tender fees or investment in the company. TNI emphasizes that it never sends requests for such information or payments and advises customers to treat any such requests with caution and not to provide any sensitive information.

On 17th January 2024, the Board of Directors of The National Investor PrJSC held a remote meeting. They discussed and approved the budget for the fiscal year 2024, and discussed the latest update on a non-binding offer, recommending to continue negotiations with the interested strategic investor. The Board also discussed other ordinary business agenda items and made necessary resolutions. The meeting was communicated to the Disclosures & Compliance Section of the Abu Dhabi Securities Exchange and the Securities and Commodities Authority's Disclosure Department.

On 27th October 2023, the Board of Directors of The National Investor PrJSC held a remote meeting to discuss ordinary business agenda items and make necessary resolutions. They also discussed non-binding proposals received about a potential acquisition of some tangible and intangible assets of the company or a stake in the company’s share capital. The Board has instructed the management to continue the due diligence procedures and decided to hold another meeting in the first quarter of 2024 to finalize the discussion and make a decision regarding the assets to be exited.

The Board of Directors of The National Investor PrJSC held a remote meeting on October 27, 2023, where they discussed ordinary business agenda items and made necessary resolutions. They also discussed non-binding proposals for a potential acquisition of some tangible and intangible assets of the company or a stake in the company's share capital. The Board has requested the management to continue due diligence procedures and decided to hold another meeting at the beginning of the first quarter of 2024 to finalize the decision regarding the assets to be exited and to take necessary measures.