Finance House Annual Assembly Meeting Result held on 17/03/2026 at 11:00

ADXOtherMarch 17, 2026View on exchange

AI Summary

Shareholders approved the board's recommendation to not distribute cash dividends for the fiscal year ended December 31, 2025, in order to preserve cash for upcoming strategic initiatives.
A board remuneration of AED 1,097,910 was approved for the 2025 fiscal year, calculated as 10% of net profits after deducting depreciations and reserves.

Seven individuals were elected to the Board of Directors for a three-year term, including Mr. Abdulmajeed Ismail Ali Al Fahim and Ms. Alia Abdulla Mohamed Almazarouei.

Grant Thornton was re-appointed as the company's independent auditors for the 2026 fiscal year with a total fee of AED 525,000 plus VAT.

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Finance House Annual Assembly Meeting Result held on 17/03/2026 at 11:00

FH