Abu Dhabi National Co. for Building Materials Corporate Governance Report for the year December 31,2025 | premargin
Abu Dhabi National Co. for Building Materials Corporate Governance Report for the year December 31,2025
·ADX·Financial Reports | Corporate Governance Report·March 3, 2026·View on exchange
AI Summary
BILDCO entered a strategic partnership with Abu Dhabi Integrated Holding Company for Future Investment, which included an AED 1.2 billion in-kind contribution of industrial and logistics assets to address financial challenges.
The company transitioned to an integrated industrial developer model focusing on green building materials and 3D concrete printing, targeting revenue growth exceeding 30% by 2026 and AED 200 million in net profit by 2028.
The General Assembly approved special resolutions on April 25, 2025, for capital expenditures on new factory equipment and a share buyback program of up to 5% of its share capital.
Governance updates included the election of two female representatives to the Board of Directors for the 2025–2028 term and the implementation of a modernized compliance framework.
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