Taaleem Holdings PJSC
About Taaleem Holdings PJSC
The Company was converted to a public joint stock company and it shares were listed on DFM on 29 November 2022.
Company's Activities are detailed in AOA and Listing Prospectus.
Latest Pressrelease Summaries from Taaleem Holdings PJSC
Threads
On March 25, 2024, a letter was sent to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, from Alan Williamson, the CEO of Taaleem Holdings PJSC. The letter informed Mr. Ali about a scheduled Board of Directors meeting for Taaleem Holdings PJSC. The meeting is set for March 28, 2024, at 3:00 pm, at the company's office premises and will also be accessible remotely. The agenda includes reviewing and approving the Interim Condensed Consolidated Financial Statements for the three-month period ended on February 29, 2024, discussing routine business matters, following up on the company's activities, and addressing any other topics approved by the Chairman. A copy of the letter was also sent to the Securities and Commodities Authority.
The board meeting of Taaleem Holdings PJSC took place on February 29, 2024. The meeting, which started at 3:00 pm and ended at 5:00 pm, was attended by eight board members, achieving an 89% quorum. The meeting focused on discussing routine business issues and following up on the company's activities. The authorized signatory for the meeting was the CEO, Alan Williamson.
The CEO of Taaleem Holdings PJSC, Alan Williamson, has sent a letter to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market. The letter informs Mr. Ali about a scheduled Board of Directors meeting on Thursday, 29th of February 2024 at 3:00 pm. The meeting will be held at the company's office premises and will also be accessible via remote attendance. The agenda for the meeting includes discussing routine business issues, following up on the company's activities, and addressing any other matters with the Chairman's permission. The Securities and Commodities Authority have also been CC'd in the letter.
A board meeting was held by Taaleem Holdings PJSC on 11 January 2024. The meeting started at 3:00 pm and ended at 5:00 pm with all nine board members present, achieving a 100% quorum. The board resolved to approve the Interim Condensed Consolidated Financial Statements for the three-month period ended 30 November 2023 and authorized their publication. The authorized signatory for the meeting was Khalid Al Tayer, the Chairman of the Board of Directors.
The text represents the unaudited interim condensed consolidated financial statements of Taaleem Holdings P.J.S.C. and its subsidiaries for the three-month period ending on 30th November 2023.
In Q1 2023/24, Taaleem Holdings PJSC, a leading K-12 premium education provider in the UAE, posted a record revenue of AED 258.7 million, marking an 11.5% YoY increase. The company's net profit (before tax) increased by 60.5% YoY to AED 81.6 million, driven by enrolment growth, additional schools, interest gains on cash reserves, and a low debt position. Student enrolment rose by 26.6% YoY to 35,715. EBITDA also grew by 28.2% YoY to AED 100.4 million. Taaleem added five new government partnership schools to its portfolio during the quarter. The company's Chairman, Khalid Al Tayer, expressed pride in the progress made in realizing their strategic vision.
Taaleem Holdings PJSC, a leading K-12 premium school operator in the UAE, will present its Q1 2023/24 financial results on January 11, 2024. The company has invited its shareholders to join a Microsoft Teams session on January 16, 2024, to discuss the financial results, recent achievements, and developments for the period ending November 30, 2023. Taaleem, the first private education company listed on the Dubai Financial Market, plans to use the AED 750 million raised in its IPO to expand its K-12 premium education schools.
The CEO of Taaleem Holdings PJSC, Alan Williamson, has written a letter to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market, dated 8th January 2024. The letter informs him of a scheduled Board of Directors meeting on Thursday, 11th January 2024 at 3:00 pm. The meeting will take place at the company's office and remotely. The agenda includes approval and publication of interim condensed consolidated financial statements for the three-month period ending 30th November 2023, discussion of routine business issues, and a follow-up on the company's activities. Any other matters will be considered with the chairman's permission. A copy of the letter is also sent to the Securities and Commodities Authority.
The letter, dated 31st October 2023, was sent to the CEO of the Dubai Financial Market and the CEO of the Securities and Commodities Authority in Abu Dhabi. It was regarding the results of the Annual General Assembly of Taaleem Holdings PJSC. The assembly took place physically at the Conference Hall on the 13th floor of the Dubai Chambers of Commerce and electronically. The assembly approved the Board of Directors' report on the company's activities and financial position for the fiscal year ending 31st August 2023. The auditor's report for the same fiscal year was also approved.