International Holding Company PJSC

Logotype for International Holding Company PJSC
Ticker/ISIN
ASMAK
AEI000201014
Market/Country
Abu Dhabi Stock Exchange
United Arab Emirates

Latest Pressrelease Summaries from International Holding Company PJSC

International Holding Company PJSC (IHC) has issued a disclaimer to alert the public about scams using the company's name, employee names, and logo to promote fraudulent investment opportunities and tenders. These scams request personal, business, and financial information, including credit card and bank details, for payments or investments. IHC emphasizes that it never sends such requests through email, mail, or any other means. The company advises caution and urges individuals not to provide sensitive information if they receive such requests. To verify legitimacy, emails should originate from the "@ihcuae.com" domain. IHC advises staying informed through their official website or the ADX platform to avoid scams.
International Holding Company PJSC (IHC) has issued a notice warning the public about scams using the company's name, employee names, and logo to promote fraudulent investment opportunities and tenders online. These scams request personal, business, and financial information, including credit card and bank details, purportedly for tender fees or investments. IHC emphasizes that it will never request such information or payments via email, mail, or any other means. The company advises caution and verification of any communication claiming to be from IHC, ensuring it originates from the official "@ihcuae.com" domain. To avoid scams, individuals are encouraged to stay informed through IHC's official website or the ADX for the latest news and disclosures.
International Holding Company (IHC), a diversified conglomerate based in Abu Dhabi, announced strategic recommendations from its AI-powered tool, Aiden Insight, following a Q3 2024 board meeting. Aiden Insight has been instrumental in analyzing data and proposing strategies to enhance IHC’s growth and governance. Key recommendations include prioritizing receivables management to maintain financial momentum, enhancing corporate governance to ensure transparency and compliance, and accelerating AI deployment to improve efficiency and reduce costs. IHC reported significant financial growth in Q3, with a 49.4% increase in revenue and an 18.3% rise in profit-after-tax for the first nine months of 2024.
International Holding Company P.J.S.C (IHC) has initiated a share buyback program valued at up to AED 5 billion, approved by its Board of Directors on May 6, 2024, and by the general assembly on June 20, 2024. The program will run from June 20, 2024, to June 19, 2025, with the possibility of extension subject to approval by the Abu Dhabi Securities Exchange (ADX). The buyback will be managed by International Securities LLC, the sole authorized broker, and will be executed in tranches based on market prices at the time of purchase. The shares bought back will be treated as treasury shares and may be sold back within two years or canceled, reducing the company's share capital. The program complies with Article 221 of the Federal Decree Law No. 32 of 2021 on Commercial Companies and ADX Operational Rules. Shareholders can sell their shares during the program through standard market procedures, and all transactions will be disclosed per regulatory requirements.
International Holding Company PJSC (IHC) has issued a notice alerting the public about scams using the company's name, employee names, and logo to advertise fraudulent investment opportunities and tenders. These scams request personal, business, and financial information, as well as credit card or bank details. IHC emphasizes that it does not request such information or payments via email, mail, or any other means. The company advises caution if such requests are received and recommends verifying the legitimacy of communications by checking the sender's email address, which should always come from an "@ihcuae.com" domain. To stay informed and protect against scams, IHC encourages visiting their official website or checking news and disclosures on the ADX website.
The International Holding Company (IHC) has announced its plan to initiate a share buyback program, starting with a first tranche valued at AED 1.8 billion. This represents 36% of the total buyback program. The buyback orders for this tranche will begin on Monday, November 18, 2024, following the standard trading rules of the Abu Dhabi Securities Exchange (ADX). The company will regularly disclose completed purchases on both the ADX and its own website.
International Holding Company (IHC) has announced the launch of a AED 5 billion Share Buyback Program, starting with an initial purchase of AED 1.8 billion, which accounts for 36% of the total program. The first tranche will commence on November 18, 2024. This initiative aims to enhance shareholder value and optimize capital allocation, demonstrating IHC's confidence in its growth potential. Approved in June 2024, the program will last one year, with potential extensions subject to regulatory approval. It will be executed in tranches, either monthly or quarterly, by International Securities LLC. CEO Syed Basar Shueb highlighted the program's role in reinforcing shareholder value and maintaining an efficient capital structure, reflecting the company's financial resilience and growth outlook.
International Holding Company PJSC (IHC) has issued a notice to inform the public about the misuse of its name, employee names, and logo by scammers promoting fraudulent investment opportunities and tenders online. These scammers are requesting personal, business, and financial information, including credit card and bank details, under the guise of paying tender fees or investing in the company. IHC emphasizes that it never requests personal, business, or financial information through email, mail, or any other means, nor does it ask for payments or investments in such a manner. The company advises verifying the legitimacy of communications by checking that emails come from the official "@ihcuae.com" domain. IHC urges individuals to stay informed about potential scams by visiting its official website or checking news and disclosures on the ADX platform.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From International Holding Company PJSC

Disclosures: Disclaimer from International Holding Company PJSC - Phishing Mails

International Holding Company PJSC (IHC) has issued a notice to inform the public about the protection of personal and financial information. The company has become aware that its name, employees' names, and logo are being misused by scammers to advertise fraudulent investment opportunities and tenders online. These scammers are requesting personal, business, and financial information, including credit card and bank details, to pay tender fees or invest in the company. IHC emphasizes that it will never send tender requests or communications asking for personal, business, or financial information via email, mail, or any other means, nor will it ask for payments or investments through such methods. If you receive such a request claiming to be from IHC, treat it with caution and do not provide any sensitive information. Before making any payments to unknown sources, verify the legitimacy of emails or domains claiming to be from IHC by checking the sender’s email address. Official communications will always come from an “@ihcuae.com” domain. IHC advises the public to stay updated with the latest news by visiting their official website (ihcuae.com) or viewing regular news and disclosures on the ADX website (adx.ae).

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From International Holding Company PJSC

Disclosures: Disclaimer from International Holding Company PJSC - Phishing Mails

International Holding Company PJSC (IHC) has issued a notice to inform the public about the protection of personal and financial information. The company warns that scammers are using IHC’s name, employee names, and logo to advertise fraudulent investment opportunities and tenders online, requesting personal, business, and financial details, including credit card and bank information, to pay tender fees or invest in the company. IHC emphasizes that it will never request personal, business, or financial information, or ask for payments or investments via email, mail, or any other means. If you receive such a request, treat it with caution and do not provide any sensitive information. Before making any payments to unknown sources, verify the legitimacy of the sender’s email address, ensuring it comes from an “@ihcuae.com” domain. IHC advises staying updated with their latest news through their official website (ihcuae.com) or the ADX website (adx.ae) to protect against scams.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From International Holding Company PJSC

Disclosures: International Holding Company PJSC - Finstreet, a Rorix Holdings Company, to Launch First Regulated Digital Venue in ADGM for trading both Private and Public Securities

Finstreet, a subsidiary of Rorix Holdings and part of the IHC Group, is set to launch the first regulated digital trading venue in Abu Dhabi Global Market (ADGM) for both private and public securities. The company aims to enhance liquidity for various financial assets through a comprehensive digital ecosystem tailored for professional investors. Finstreet's subsidiaries have received Financial Services Permissions from ADGM's FSRA, subject to final regulatory approvals, to operate a Multi-Lateral Trading Facility (MTF), Digital Settlement Facility (DSF), Central Securities Depository (CSD), Private Financing Platform (PFP), Collective Investment Fund (CIF), and other financial services. Finstreet Global Markets Ltd will offer secondary market trading for securities listed on other exchanges. Initially developed at the University of Oxford’s SBS Finance Lab, Finstreet is supported by a top-tier executive team from global financial institutions. The company plans to expand into commodities and other assets in alignment with the UAE's CEPA strategy. The platform integrates traditional and blockchain technologies to cover the entire lifecycle of financial assets, from origination to custody.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From International Holding Company PJSC

Disclosures: Disclaimer from International Holding Company PJSC - Phishing Mails

International Holding Company PJSC (IHC) has issued a notice to inform the public about the protection of personal and financial information. The company has become aware that scammers are using its name, employee names, and logo to promote fraudulent investment opportunities and tenders online, requesting personal, business, and financial information, as well as credit card or bank details, under false pretenses. IHC emphasizes that it will never send tender requests or communications asking for personal, business, or financial information, nor will it request payments or investments via email, mail, or any other means. If you receive such a request, treat it with caution and do not provide any sensitive information. To ensure the legitimacy of communications claiming to be from IHC, always verify the sender’s email address. Official emails will come from the “@ihcuae.com” domain. IHC advises the public to stay updated with their latest news through their official website (ihcuae.com) or through regular news and disclosures on the ADX website (adx.ae).

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From International Holding Company PJSC

Disclosures: Disclaimer from International Holding Company PJSC - Phishing Mails

International Holding Company PJSC (IHC) has issued a notice regarding the protection of personal and financial information. The company warns that scammers are using IHC's name, employee names, and logo to promote fraudulent investment opportunities and tenders online, asking for personal, business, credit card, and bank details. IHC emphasizes that it never requests personal, business, or financial information via email, mail, or any other means, nor does it ask for payments or investments in such a manner. Recipients of such requests should treat them with caution and not provide any sensitive information. To verify the legitimacy of communications claiming to be from IHC, individuals should check that the sender's email address comes from the "@ihcuae.com" domain. For protection against scams, IHC advises staying updated through their official website and regular news disclosures on ADX.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From International Holding Company PJSC

Disclosures: Disclaimer from International Holding Company PJSC - Phishing Mails

International Holding Company PJSC (IHC) has issued a notice regarding the protection of personal and financial information. The company has identified that scammers are using IHC's name, employee names, and logo to promote fraudulent investment opportunities and tenders online, asking for personal, business, and financial details. IHC emphasizes that it never requests such information via email, mail, or any other means, nor does it ask for payments or investments through these channels. If you receive such requests, treat them with caution and do not provide any sensitive information. Always verify the legitimacy of communications claiming to be from IHC by checking the sender’s email address, which should come from the “@ihcuae.com” domain. For the latest news and disclosures, visit IHC's official website or the Abu Dhabi Securities Exchange (ADX) website.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From International Holding Company PJSC

Disclosures: International Holding Company PJSC Announcements

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From International Holding Company PJSC

Disclosures: Disclaimer from International Holding Company PJSC - Phishing Mails

International Holding Company PJSC (IHC) has issued a notice regarding the protection of personal and financial information. The company warns the public about scammers using IHC's name, employee names, and logo to promote fraudulent investment opportunities and tenders online, asking for personal, business, and financial details, including credit card and bank information, to pay tender fees or invest in the company. IHC emphasizes that it will never request personal, business, or financial information or ask for payments or investments via email, mail, or any other means. If such a request is received, it should be treated with caution, and no sensitive information should be provided. Before making any payments to unknown sources, IHC advises verifying the legitimacy of emails or domains claiming to be from the company by checking the sender's email address, which should always come from the "@ihcuae.com" domain. IHC does not communicate with the public to request personal information or payments related to investment opportunities or tenders. To stay protected from scams, individuals are encouraged to visit IHC's official website or view regular news and disclosures on the ADX website.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From International Holding Company PJSC

Disclosures: Disclaimer from International Holding Company PJSC - Phishing Mails

International Holding Company PJSC (IHC) has issued a warning regarding the protection of personal and financial information. The company has identified that scammers are using IHC's name, employee names, and logo to promote fraudulent investment opportunities and tenders online. These scammers request personal, business, and financial information, including credit card and bank details, to pay tender fees or invest in the company. IHC emphasizes that it never sends tender requests or communications asking for personal, business, or financial information via email, mail, or any other means, nor does it request payments or investments in such a manner. If you receive such a request claiming to be from IHC, treat it with caution and do not provide any sensitive information. Before making any payments to unknown sources, verify the legitimacy of emails or domains claiming to be from IHC by checking the sender’s email address. Official communications will always come from an "@ihcuae.com" domain. To protect yourself from scams, stay updated with IHC’s latest news by visiting their official website (ihcuae.com) or viewing regular news and disclosures on ADX (adx.ae).

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From International Holding Company PJSC

Disclosures: International Holding Company PJSC Financial Results for the Period Ended June 30,2024

The document is a review report and interim financial information for International Holding Company PJSC, covering the six-month period ending June 30, 2024.

1. Attached Document