UNIKAI FOODS P.J.S.C.

Logotype for UNIKAI FOODS P.J.S.C.
Ticker/ISIN
UNIKAI
AEU000801016
Market/Country
Dubai Financial Market
United Arab Emirates

About UNIKAI FOODS P.J.S.C.

Country of Origin: United Arab Emirates (U.A.E)

UNIKAI FOODS COMPANY (PSC) (“the Company”) is a Public Shareholding Company, incorporated on 11 April 1977 by a Decree from His Highness, The Ruler of Dubai. On 8 June 1994, the Company amended its status to a public shareholding company to comply with the provisions of the UAE Federal Law No. 8 of 1984 (as amended). The Company holds 100% equity in Unikai and Company LLC (“the Subsidiary”), registered as a limited liability Company in the Sultanate of Oman under Oman Commercial Register No. 2/74. The Company and its subsidiary are collectively referred to as (“the Group”).

The Group is engaged in the manufacture of dairy, juice and ice cream products and import of various kinds of food products for distribution throughout the Gulf. The trading activities of the Group are carried on in the name of “Unikai International”.

Latest Pressrelease Summaries from UNIKAI FOODS P.J.S.C.

The Board of Directors of Unikai Foods PJSC is inviting shareholders to attend the Annual General Assembly Meeting, to be held both virtually and physically at the company's premises in Dubai on Tuesday 2nd April 2024. The meeting will review and approve the company's activities and financial position for the year ending 31/12/2023, the company's auditor's report, and the financial statements. The proposal to distribute 20% bonus shares as dividends for the fiscal year 2023 will be considered. The remuneration of the Board of Directors, amounting to AED 1,400,000, will be reviewed and approved. The meeting will also consider discharging the Board and auditors of liabilities for 2023, or filing liability claims against them. The appointment of auditors for 2024 and their fees will be approved. The appointment of Dr. Hashem Salem AlDash as a board member, replacing Mr. Osama Seddiqi, will be ratified. An update on the sale process of shareholder's stake in the company will be provided. The estimated transactions with related parties for 2024 will also be reviewed and approved.

Threads

Page 5
DFM News

DFM News

News Update From UNIKAI FOODS P.J.S.C.

Disclosure: Resolutions of General Assembly

1. Attached Document

Page 5