TWO POINT ZERO GROUP - P.J.S.C Corporate Governance Report for the year December 31,2025 | premargin
TWO POINT ZERO GROUP - P.J.S.C Corporate Governance Report for the year December 31,2025
·ADX·Financial Reports | Corporate Governance Report·March 2, 2026·View on exchange
AI Summary
The company officially rebranded from Multiply Group PJSC to Two Point Zero Group PJSC following a strategic merger with Ghitha Holding PJSC and 2 Point Zero Group.
Issued share capital was increased from AED 2,800,000,000 to AED 8,640,906,574 through the issuance of 23,363,626,297 new shares to facilitate major acquisitions.
The Board of Directors was expanded from five to nine members, with H.H. Sheikh Zayed bin Hamdan bin Zayed Al Nahyan appointed as Chairman of the board elected in December 2025.
Significant 2025 transactions included the AED 5.6 billion acquisition of a 67.91% stake in Castellano Investments (parent of Tendam) and the AED 3.8 billion sale of the district cooling subsidiary, PAL Cooling Holding.