HILY HOLDING PJSC

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.

The Hily Holding PJSC Board Meeting is scheduled for 19th March 2024 at 1:00 PM. The agenda includes approval of the previous meeting's minutes, review and approval of the 2023 financial statement, setting the AGM date and discussing the Board of directors' dividends proposal for 2023. The Corporate Governance Report and the audit committee report for 2023 will also be reviewed. Other operational matters will be addressed too. The disclosure is signed by the Board Secretary, Taysir Mokashfi, dated 13th March 2024.

The preliminary results for Hily Holding PJSC for the year ending 31/12/2023 have been released. Hily Holding PJSC, established in 1979, has a paid-up, subscribed, and authorized capital of AED 120,000,000. The company is chaired by Ahmed Bin Ali Al Dhahry and audited by KPMG. The company's mailing address is P.O Box 2378, Abu Dhabi, UAE, and can be contacted via telephone at 02-6731000, fax at 02-6732100, or email at tayseer@hilyholding.com or investment@hilyholding.com. The company's website is www.hilyholding.com.

Hily Holding PJSC has scheduled a board meeting for Thursday, 09/11/2023 at 14:00 PM. The agenda includes approval of the minutes from the previous meeting, discussion and approval of the financial statement for the period ending 30/09/2023, and other operational matters. The notice was signed by the Board Secretary, Taysir Mokashfi, on 03/11/2023.

Resolution No. (233) of 2023 concerns the temporary suspension of trading on the shares of HILY HOLDING PJSC. This decision is based on Article No. (16) of the Regulations concerning the listing of securities on ADX. The suspension is due to the Board of Directors' meeting of HILY HOLDING PJSC, scheduled at 14:00 on 9-Nov-2023, which coincides with the trading session at ADX. Therefore, trading in FOODCO shares will be suspended from 09:30 on 9-Nov-2023 until ADX receives the meeting results. The resolution instructs all heads of departments in ADX to execute it in their respective fields and to circulate it to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was approved by the authorised person and issued on 03/11/2023.