Latest Threads on News from companies
Threads on regulatory news from companies
The Dubai Financial Market (DFM) announced an adjustment to its Equity Futures Contracts for SALIK due to a cash dividend payment of AED 0.102781 per share approved by SALIK shareholders. Effective August 22, 2025, the adjustment affects three contract series: SALIKU25 (September 2025), SALIKV25 (October 2025), and SALIKX25 (November 2025). The price adjustment involves an adjustment ratio of 0.984818, resulting in new prices of 6.690, 6.747, and 6.738 respectively. The adjusted price will serve as the reference price for trading on August 22, 2025. Further details can be found on the DFM website. The information is subject to change and the DFM Regulated Derivative Contract Trading Regulation takes precedence in case of discrepancies.
Amanat Holdings PJSC has completed the sale of its education real estate asset for AED 453 million, generating a net cash return of AED 294 million. The asset, which includes the real estate of North London Collegiate School, was originally acquired in June 2018 for AED 360 million, with an additional AED 33 million invested in capital expansion. This sale reflects Amanat's strategy of investing in high-potential assets, growing them, and monetizing them at the right time to benefit shareholders and reinvest in attractive opportunities. The transaction delivered a cash-on-cash multiple of 1.7x and an internal rate of return of 10%. Amanat's Chairman, Dr. Shamsheer Vayalil, emphasized the company's focus on unlocking value and generating superior returns for shareholders. CEO John Ireland highlighted the sale as evidence of Amanat's successful investment model and its positive impact on the company's balance sheet and strategic flexibility.
The Board of Directors of the National Central Cooling Company PJSC (Tabreed) invites shareholders to attend the general assembly meeting on Monday, September 15, 2025, at 11:00 am UAE time. Shareholders can attend in person at the company's headquarters in Masdar City, Abu Dhabi, or virtually through an electronic link, which will be sent via SMS or email after registration. The meeting will cover agenda items including authorizing the chairman to appoint a secretary and a vote collector, and a special resolution to amend Article 30 of the Company's Articles of Association. This amendment allows for annual dividends to be distributed based on the annual general assembly's resolution upon the Board of Directors' recommendation. The company may also distribute quarterly or semi-annual dividends from operating or accumulated profits through resolutions by the general assembly or the Board of Directors, with the Board authorized to implement these decisions.
The Dubai Financial Market has issued the expiry settlement prices for equity futures contracts expiring in August 2025 as of August 21, 2025. The settlement prices for various contracts are listed with their respective series codes, prices in AED, and contract IDs. The announcement can be accessed on the DFM website. It includes a disclaimer noting that the information is subject to change and that the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of any inconsistencies.
A new contract series for Oman Crude Oil Futures, specifically the October 2026 series, will be available for trading starting on August 25, 2025. The contract, identified with the code OMOILV26, will be listed on the Dubai Financial Market and will be delisted on August 24, 2026. Further details can be found on the Dubai Financial Market's website. The information provided is subject to change and should not replace the official Dubai Financial Market Regulated Derivative Contract Trading Regulation, which takes precedence in case of any inconsistencies.