Anan Investment Holding will hold its Annual General Assembly Meeting virtually on April 28, 2026, at 4:00 PM.
The board has proposed a capital increase of up to AED 350 million through a Rights Issue for existing shareholders at a nominal value of AED 1 per share.
Shareholders will consider a special resolution to issue up to AED 1.25 billion in Sharia-compliant mandatory convertible bonds or sukuk to restructure existing debt via a private placement.
The agenda includes a board proposal to not distribute cash dividends or bonus shares for the fiscal year ended December 31, 2025.