Aram Group

Ticker/ISIN

AES000601014

Market/Country

Abu Dhabi Stock Exchange

United Arab Emirates

About Aram Group

Sharjah Group Company is a public shareholding company established in the Emirate of Sharjah, United Arab Emirates under an Emiri decree issued on November 16, 1976. The company is working in the real estate sector by owning properties to lease or develop and invest in securities.

Latest Pressrelease Summaries from Aram Group

The text refers to the independent auditor's review report and the condensed consolidated interim financial statements of ARAM Group Company P.J.S.C and its subsidiary for the nine-month period ending on September 30, 2024, in Sharjah, United Arab Emirates.

ADX Disclosures: ARAM Resumption Notice

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The document is an independent auditor's review report and condensed consolidated interim financial statements for ARAM Group Company P.J.S.C and its subsidiary, covering the nine-month period ending on September 30, 2024. The company is based in Sharjah, United Arab Emirates.

Disclosures: Aram Group Financial Results for the Period Ended September 30,2024

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The document is a disclosure from the Abu Dhabi Securities Exchange regarding the appointment of a new board member for ARAM Group Company PJSC. The newly appointed member is Mr. Jassem Mubarak Masoud Jassem Aldhaheri, who is an independent member. The board of directors made the appointment on November 13, 2024, with the membership starting on the same date. The new member will complete the predecessor's term. The appointment is not final and will be presented at the first general assembly meeting for approval unless the company's articles of association state otherwise. The document is signed by Ali Musmar, the Chief Executive Officer, and includes a brief overview of the appointed member, with a copy sent to the Securities and Commodities Authority in Abu Dhabi, UAE.

Disclosures: Aram Group Appointment of a New Board Member

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On November 13, 2024, a Board of Directors meeting for ARAM Group Company PJSC was held. The board approved the audited financial statements for the third quarter of 2024, appointed Mr. Jassem Mubarak Masoud Aldhaheri to a vacant position pending confirmation by the General Assembly, and elected Mr. Mansoor Abduljabbar Ahmed Alsayegh as Vice Chairman of the Board. They also discussed expansion plans and other administrative and operational matters. The meeting concluded at 11:40 AM.

Disclosures: Aram Group Board Meeting Results held on 13/11/2024 at 11:00

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Resolution No. 508 of 2024 involves the temporary suspension of trading for Aram Group shares. This decision is in accordance with Article No. 16 of the ADX Securities Listing Regulations. The suspension will occur because the Aram Group Board of Directors meeting is scheduled for 11:00 on November 13, 2024, which coincides with the trading session. Trading will be halted from 11:00 on that day until the results of the meeting are received by ADX. The resolution mandates that all department heads at ADX execute it within their respective areas. It will be distributed to the SCA, the concerned company, all ADX departments, and all ADX-accredited brokers. The resolution has been approved by the authorized person and was issued on November 7, 2024.

ADX Disclosures: Temporary suspension of trading on the shares of ARAM GROUP PJSG on 13 Nov 2024

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The Board of Directors of ARAM Group Company PJSC will hold a meeting on Wednesday, November 13th, 2024, at 11:00 AM. The agenda includes discussing and approving the financial statements for the third quarter of 2024, appointing a new board member to a vacant position, electing the Vice Chairman of the Board, approving the acquisition of Dar Al Marefah, its subsidiaries, and Mayoor Indian Private School (pending necessary approvals from the Securities and Commodities Authority), and discussing other administrative and operational matters. The notice is issued by Ali Musmar, the Chief Executive Officer, with a copy sent to the Securities and Commodities Authority in Abu Dhabi, UAE.

Disclosures: Aram Group Announcement of Board Meeting to be held on 13/11/2024 at 11:00

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Resolution No. (468) of 2024 temporarily suspends trading of Aram Group shares on the Abu Dhabi Securities Exchange (ADX) due to a Board of Directors meeting scheduled for 11:00 on August 13, 2024. Trading will be suspended from 11:00 on that date until ADX receives the meeting results. The resolution mandates that all ADX department heads execute this decision within their respective fields and that it be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. This resolution was approved by the authorized person and issued on August 9, 2024.

ADX Disclosures: Temporary suspension of trading on the shares of ARAM GROUP PJSG on 13 Aug 2024

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The ARAM Group Company has released its Management Discussion and Analysis (MD&A) report for the first quarter of 2024, ending on 31st March. The report provides detailed insights into the company's financial performance, strategic decisions, and future outlook.

Disclosures: Aram Group Management Discussion and Analysis Report for the Period Ended March 31,2024

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