Abu Dhabi National Building Materials Company (Bildco) will hold its Annual General Meeting on March 13, 2026, to approve the 2025 financial results and the Board's proposal to not distribute cash dividends or bonus shares.
Shareholders will consider a special resolution to purchase up to 5% of the company's shares as treasury shares and the sale of dilapidated machinery from Bildco Reinforcing Steel Services to fund factory development.
The agenda includes a proposal to appoint Chairman H.E. Rasheed Ali Rasheed Al Omaira as Group CEO and amend the Articles of Association to allow the combination of the Chairman and Company Manager positions.
The company seeks to expand its business objectives to include investments in real estate development, agricultural projects, and industrial infrastructure such as data centers and logistical warehouses.
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