Press releases, Reports & Disclosures for HILY HOLDING PJSC

Resolution No. (413) of 2024 has temporarily suspended trading on the shares of HILY HOLDING PJSC. This decision comes as a result of the company's failure to submit their Financial Statement. The suspension starts from 14-May-2024 and will continue until further notice. This resolution is to be executed by all heads of departments in ADX. It will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution has been approved by the authorized person and was issued on 14/05/2024.

On 13/05/2024, Hily Holding PJSC held a board meeting via video conference. The meeting, which ran from 3:00 PM to 4:00 PM, had all seven board members present. The minutes from the previous meeting were approved. The financial statement for the period ending 31/03/2024 was discussed and approved, showing a net profit of AED 23,188 million, a significant increase from AED 15,675 million in the same period of 2023. Other operational matters were also discussed and decisions were made accordingly.

The listed company, Hily Holding PJSC, has scheduled a board meeting for Monday, 13/05/2024 at 3:00 PM. The agenda includes approval of the minutes from the previous meeting, discussion and approval of the financial statement for the period ending 31/03/2024, and other operational matters. The disclosure was authorized by Board Secretary, Taysir Mokashfi, on 07/05/2024.

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.