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Borouge PLC has appointed QMM, a licensed financial institution and market maker, as a liquidity provider for its shares listed on the Abu Dhabi Securities Exchange (ADX). Under a one-year agreement, QMM will independently trade the company's shares and provide liquidity by offering simultaneous buy and sell orders. This move aims to enhance liquidity and trading efficiency for the company's shareholders, in accordance with ADX and Securities and Commodities Authority regulations. The announcement was made by Hazeem Sultan Al Suwaidi, the Chief Executive Officer of Borouge PLC, with a copy sent to the Securities and Commodities Authority (SCA).
Resolution No. 477 of 2024 temporarily suspends the trading of AGTHIA Group shares on the Abu Dhabi Securities Exchange (ADX) from 11:00 on September 12, 2024, until the results of the AGTHIA Group Annual General Meeting (AGM) are received by ADX. This decision is in accordance with Article 16 of the regulations concerning the listing of securities on ADX. All relevant departments within ADX are instructed to implement this resolution, and it will be communicated to the Securities and Commodities Authority (SCA), AGTHIA Group, all ADX departments, and accredited brokers. The resolution was approved by the authorized person and issued on August 20, 2024.