|
|
|
|
| ||
ALDAR - Aldar Properties
Home | New Investors | company results | Companies | UAE Brokers | Stock Forum | Latest posts | UAE news
| Forum Topics | |
| Recent News | |
| Comments | |
| Financial Reports | |
| Contact and Links |
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ALDAR opinion, news, reports, researchTop
|
||||||||||||||||||||||||||||||||||||||||||||
ALDAR latest news (links open in new window)Top
|
ALDAR opinion, news, reports, researchTop
Aldar financial statements & accountsTop
Links are to the relevant PDF report on the ESCA website and are provided as a convenience by ShareWadi.com. We are not responsible for the content or availability of any external sites or pages. If accounts are not available from ESCA, try the ADX or DFM website. |
ALDAR latest news (links open in new window)Top
|
Aldar comments & notesTop
Aldar Properties share capital and shares outstanding
- Note that not all share capital changes due to Aldar's convertible sukuk have been listed here but the most recent figure should be up to date. Total share capital expected to be 3.325 billion eventually (an additional 1.6 billion to be added to 1.725 billion prior to start of conversion). See Aldar share conversion topic for more details.
| Date | Share Capital (AED) |
Shares Outstanding |
Dividends | Notes | |
|---|---|---|---|---|---|
| Cash | Share | ||||
| 09 November 2008 | 2,577,894,735 | 2.577 billion | +3,225,805 convertible sukuk | ||
| 23 October 2008 | 2,574,668,930 | 2.575 billion | +645,171 convertible sukuk | ||
| 11 September 2008 | 2,574,023,769 | 2.574 billion | +16,659,997 convertible sukuk | ||
| 27 August 2008 | 2,557,363,772 | 2.557 billion | +2,703,219 convertible sukuk | ||
| 19 August 2008 | 2,554,660,553 | 2.555 billion | +9,683,876 convertible sukuk | ||
| 07 August 2008 | 2,544,976,677 | 2.545 billion | +1,677,418 convertible sukuk | ||
| 14 July 2008 | 2,525,079,908 | 2.525 billion | +1,700,000 convertible sukuk | ||
| 13 July 2008 | 2,523,379,908 | 2.523 billion | +5,494,095 convertible sukuk | ||
| 10 July 2008 | 2,517,885,813 | 2.518 billion | +10,999,448 convertible sukuk | ||
| 22 June 2008 | 2,478,023,143 | 2.478 billion | +1,800,000 convertible sukuk | ||
| 18 June 2008 | 2,476,223,143 | 2.476 billion | +800,000 convertible sukuk | ||
| 17 June 2008 | 2,475,423,143 | 2.475 billion | +3,180,645 convertible sukuk | ||
| 11 June 2008 | 2,472,242,498 | 2.472 billion | +23,141,935 convertible sukuk | ||
| 06 June 2008 | 2,449,100,563 | 2.449 billion | +1,600,000 convertible sukuk | ||
| 04 June 2008 | 2,446,100,563 | 2.446 billion | +1,600,000 convertible sukuk | ||
| 03 June 2008 | 2,444,500,563 | 2.445 billion | +52,672,429 convertible sukuk | ||
| 06 May 2008 | 2,406,996,053 | 2.407 billion | +15,167,739 convertible sukuk | ||
| 05 May 2008 | 2,391,828,314 | 2,392 billion | +14,353,545 shares added | ||
| 23 April 2008 | 2,377,474,769 | 2.377 billion | +23,514,192 shares issued | ||
| 31 December 2007 | 2,223,097,000 | 2.223 billion | +498,097,000 shares converted | ||
| 07 November 2007 | 1,923,193,531 | 1.923 billion | +175,967,727 shares added | ||
| 28 October 2007 | +22,225,804 convertible sukuk | ||||
| 30 September 2007 | 1,725,000,000 | 1.725 billion | |||
| 31 March 2007 | 1,725,000,000 | 1.725 billion | |||
| 31 December 2006 | 1,725,000,000 | 1.725 billion | |||
| 31 March 2006 | 1,725,000,000 | 1.725 billion | 15% | bonus shares added | |
| 31 January 2005 | 1,500,000,000 | 1.5 billion | |||
12 October 2008 - new Aldar CEO
- The new Aldar CEO is John Bullough, previously Chief Operating Officer (COO) of Aldar. The outgoing CEO, Ronald Barrott, becomes advisor to the Chairman of Aldar and keeps his seat on the Board.
27 April 2008 - Aldar projects (from 08Q1 financial statements note 5)
All figures in millions of dirhams (AED '000,000)
| Aldar projects under development | 31 Dec 08 | 31 Dec 07 |
|---|---|---|
| Yas Island | 3,001 |
1,805 |
| Al Raha Beach | 1,568 |
1,179 |
| Central Market | 1,110 |
852 |
| Injazat Data Center | 266 |
187 |
| Coconut Island | 97.1 |
67.7 |
| Al Falah development | 69.7 |
48.5 |
| Al Mamoura building | 38.2 |
247 |
| Abu Dhabi Cleveland Clinic | 53.4 |
14.5 |
| Noor Al Ain | 50.5 |
44.6 |
| Baniyas Towers | 39.4 |
9.60 |
| Al Ain Labour Village | 22.3 |
5.79 |
| Other developments | 85.0 |
63.0 |
| Total | 6,401 |
4,523 |
| Other Aldar Projects | ||
| Abraaj Towers | ||
| Al Gurm Villas | ||
| Al Jimi Mall, Al Ain | ||
| Al Raha Gardens | ||
| Al Reem Island mult-unit building | ||
| Ferrari theme park (Yas Island) | ||
| Khazakhstan | ||
| Malaysia with South Johor Investment | ||
| Motor World | ||
| Ruwais Shopping Mall | ||
| Warner Bros them park (Yas Island) |
12 December 2006 update from EGM 11 Dec 2006
- Al Dar Properties Extraordinary General Meeting voted to increase foreign ownership allowance from 0% to 40%
- Issue a Sukuk and/or convertible debenture of the value of 12.8 bn dhs.
29 September 2006 update
Announces intention to acquire international real estate within the next 12 months to spread its risk. The danger is that they buy property investments at peak prices, especially if they follow in the footsteps of EMAAR and buy in the UK or US. Cheap real estate is hard to find at present.
The CEO, Ronald Barrott, also was reported to have said they are not looking at a rights issue now but if conditions were right they may consider it. During 2005, more than one UAE company made even more definitive statements about not considering rights issues, only to have a rights issue within six months or so of such a statement. It won't surprise us to see one from ALDAR within the next few months then - especially if they want some cash to fund their property purchases.
ALDAR Properties PJSC background information
Sometimes referred to as Al Dar Properties. An Abu Dhabi based property development, investment, and management company. IPO in 2005 raised $400 million (AED 1.5 billion).
Principal Founders are Mubadala Development Company (est 2002, 100% owned by Abu Dhabi Government), Abu Dhabi Investment Company (ADIC), Abu Dhabi National Hotels Company (ADNHC), National Corporation for Tourism and Hotels (NCTH), The National Investor.
Website has some shareholder information with notes and pictures about projects and management team but no financial statements or reports which would be more useful to investors than the music and Flash introduction.
Developments as of 23 February 2007
- Al Gurm Resort (www.algurmresort.com) - a 1.8 million sq m development with 59 luxury homes, and a 5 star resort (161 suites) built in the Abu Dhabi mangrove swamps. Er, mangrove forest that is.
- Al Jimi Mall (location Government Road, Al Ain) - refurbished in 2002. Currently 35,000 sq m GLA (includes 17,000 sq m for Carrefour). Add 10,000 sq m for East Wing expansion underway in 2006, and 7,500 sq m for planned West Wing expansion.
- Al Mamoura building - 63,000 sq m, 12 floors, office building in Al Muroor, Abu Dhabi. Prelet so far to Abu Dhabi Environment Agency, Mubadala Development Company, UAE Offsets Group.
- Al Raha Beach (www.alrahabeach.ae) - mixed use development in Abu Dhabi expected to house 120,000 residents. Size about 5.2 million sq m.
- Al Raha Gardens (www.alrahagardens.com) - 665,000 sq m community in the Al Raha Beach Development. Houses, schools, polo club, restaurants, retail outlets. For UAE nationals. Al Raha Garden Villas scheduled for completion August 2006 (construction began September 2005).
- Central Market (located at intersection of Airport Road, Khalifa and Hamdan streets) - 5 hectare mixed use development in the center of Abu Dhabi city including an Arabian Souq. If it's anything like the Souk Madinat in Dubai (opened end of 2004), it should be a roaring success. Phase one completion scheduled for 2008. Complete development by 2010. Construction started 2006.
- The Imperial College London Diabetes Centre - development of a facility for diabetes treatment and research, resulting from a partnership between Imperial College London and Mubadala Development Company. Completion scheduled for mid 2006. Location next to Zayed Military Hospital Building in Abu Dhabi.
Contact details and investor informationTop
- Aldar, PO Box 51133, Abu Dhabi, UAE. Tel +971-2-6964444.
- www.aldar.com - ALDAR website home page.
- info@aldar.com - Aldar email.
ALDAR - related external links (open in new window)Top
- www.sca.ae - ESCA profile. Includes share ownership details, board of director names, meeting dates, financial statements and annual report.
- www.adx.ae - ADX financial disclosures, news and information.
Disclaimer: ShareWadi.com and DubaiShareTalk.com provide UAE stockmarket related information, but do not offer investment advisory services, or brokerage services. Investing in shares is risky, you can lose some or all of your money and/or other assets. Anything you read on this site should be regarded as the opinion of the author only and is not to be taken as advice to buy, sell, or hold shares and/or other investments. Do not make investment decisions without due diligence and/or professional advice. In particular, do not assume anything you read on this site is correct or accurate. You should make your own investigations to determine if information is accurate and ultimately, you should accept that you and you alone are responsible for any investing decisions you make.
Copyright © ShareWadi.com 2005-2008. Any company names or product names used on this site, discussion forum, and/or communications from anyone associated with this website are the trademarks or registered trademarks of their respective holders.
This page last updated 26-Nov-2009.
Company information last updated 09 Nov 2008. E & OE.