MIDEAST STOCKS-Orascom Construction makes brief rally on Q2 Reuters Africa DU: Quote) dropped 2 percent and developer Deyaar (DEYR.DU: Quote) fell 2.3 percent to a record low. Volumes are pathetic and the only positive is that ... and more » More ...
Business and legal trials confront Deyaar National In its second-quarter financial statements, Deyaar said its total exposure to Sky Gardens was Dh372.1 million and that it was 'confidentā it could recover ... More ...
Deyaar makes claim against executives National Deyaar Development claims two of its senior officers pushed through a Dh618.9 million (US$168.5m) property deal with another company where they also held ... and more » More ...
Deyaar , ADCB, First Investment, National Industries: Gulf Equity Preview Bloomberg Deyaar Development PJSC ( DEYAAR UH): The property company part-owned by Dubai Islamic Bank PJSC may abandon a project it acquired for 372 million dirhams ... More ...
Deyaar plans to drop Flamingo Creek project National Deyaar Development, the publicly traded property developer, is planning to abandon a Dh372 million (US$101.3m) project because it believes the master ... and more » More ...
Dubai shares swing back National Deyaar Development rose 0.6 per cent to 31 fils a share. The Abu Dhabi Securities Exchange General Index moved up 0.3 per cent to 2493.76. ... and more » More ...
MIDEAST STOCKS-Dubai at 6-week low as property stocks hit Reuters Africa DU: Quote) fell to a 10-year low, while Deyaar (DEYR.DU: Quote) lost 1.3 percent. Both firms posted a quarterly loss on Thursday. ... and more » More ...
Islamic bank's income declines National It also owns 40 per cent of Deyaar , the Dubai property developer that recently posted Dh243m of losses for the second quarter. ... and more » More ...
Deyaar board wipes slate, leading to loss National Case in point: Deyaar Development. The company's balance sheet continued to be stretched in the second quarter as it posted a net loss of Dh243 million ... and more » More ...
MIDEAST STOCKS-Dubai, Abu Dhabi extend losses as property weighs Reuters Africa DU: Quote) and Deyaar (DEYR.DU: Quote) posted a net loss for the second quarter after market close, highlighting the struggle of regional firms to rebound. ... and more » More ...
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.
MIDEAST STOCKS-Orascom Construction makes brief rally on Q2 Reuters Africa DU: Quote) dropped 2 percent and developer Deyaar (DEYR.DU: Quote) fell 2.3 percent to a record low. Volumes are pathetic and the only positive is that ... and more » More ...
Business and legal trials confront Deyaar National In its second-quarter financial statements, Deyaar said its total exposure to Sky Gardens was Dh372.1 million and that it was 'confidentā it could recover ... More ...
Deyaar makes claim against executives National Deyaar Development claims two of its senior officers pushed through a Dh618.9 million (US$168.5m) property deal with another company where they also held ... and more » More ...
Deyaar , ADCB, First Investment, National Industries: Gulf Equity Preview Bloomberg Deyaar Development PJSC ( DEYAAR UH): The property company part-owned by Dubai Islamic Bank PJSC may abandon a project it acquired for 372 million dirhams ... More ...
Deyaar plans to drop Flamingo Creek project National Deyaar Development, the publicly traded property developer, is planning to abandon a Dh372 million (US$101.3m) project because it believes the master ... and more » More ...
Dubai shares swing back National Deyaar Development rose 0.6 per cent to 31 fils a share. The Abu Dhabi Securities Exchange General Index moved up 0.3 per cent to 2493.76. ... and more » More ...
MIDEAST STOCKS-Dubai at 6-week low as property stocks hit Reuters Africa DU: Quote) fell to a 10-year low, while Deyaar (DEYR.DU: Quote) lost 1.3 percent. Both firms posted a quarterly loss on Thursday. ... and more » More ...
Islamic bank's income declines National It also owns 40 per cent of Deyaar , the Dubai property developer that recently posted Dh243m of losses for the second quarter. ... and more » More ...
Deyaar board wipes slate, leading to loss National Case in point: Deyaar Development. The company's balance sheet continued to be stretched in the second quarter as it posted a net loss of Dh243 million ... and more » More ...
MIDEAST STOCKS-Dubai, Abu Dhabi extend losses as property weighs Reuters Africa DU: Quote) and Deyaar (DEYR.DU: Quote) posted a net loss for the second quarter after market close, highlighting the struggle of regional firms to rebound. ... and more » More ...
Deyaar Development share capital, shares outstanding, AGM and dividend dates
22 March 2009 - Deyaar AGM, approved no dividends for 2008 FY?
31 December 2008 - AED 5.778 billion (5,778,000,000 shares outstanding,
par value 1 dh per share)
31 December 2007 - AED 5.778 billion (5,778,000,000 shares outstanding,
par value 1 dh per share)
2007 - 56% share dividend proposed for FY 2006
31 December 2006 - AED 1 billion (10 million shares par value 100 dhs each)
31 December 2005 - AED 500 million (500,000 shares par value 1000 dhs
each)
19 April 2005 - shareholders voted to increase share capital from AED
200 million to AED 500 million (300,000 additional shares par value 1000
dhs).
31 December 2004 - AED 20 million (20,000 shares par value 1,000 dhs each)
24 October 2002 - EGM resolution to increase share capital from AED 20
million to AED 200 million (an additional 180,000 shares of par value 1000
dhs added).
02 July 2009 - new Deyaar chairman
Abdulla Al Hamli is appointed as the new chairman of Deyaar Development. He is also CEO of Dubai Islamic Bank.
21 June 2009 - Deyaar chairman resigns
Naser Al Sheikh resigns from the post of Deyaar chairman.
17 August 2008 - new Deyaar CEO
Markus Giebel is appointed CEO of Deyaar, replacing Zack Shahin who was arrested in February 2008 on allegations of fraud. Adnan Tareen was acting CEO in the intervening period.
29 March 2008
HE Nasser Bin Hassan Al-Shaikh replaced HE Dr Mohammed Khalfan Bin Kharbash as chairman of Deyaar.
The vice chairman, HE Sultan Saeed Al-Mansoori, also resigned, and was replaced by HE Khalid Mohammad Ali Al-Kamda.
23 August 2007
Foreign ownership is limited to GCC nationals according to
the prospectus.
Chairman is also UAE Minister of Finance and Industry, and chairman of
Dubai Islamic Bank (DIB).
Deyaar's dividend policy is to pay out 25% of earnings for the year, subject
to various "get-out" caveats (information from the Deyaar prospectus).
Deyaar announced today that it would list on the Dubai
Financial Market (DFM) on Wednesday 05 September 2007. If Deyaar shares
float at anything less than 1.50 dhs, they could be seen as at an attractive
price. Between 1.50 and 2.00 dhs is reasonable and may still be
worth buying depending on market conditions, over 2 dhs per share they
don't look like such good value based on growth and profit forecasts currently
available.
EPS forecasts from Shuaa Capital (SHUAA) are AED 0.09 for 2007, rising
to AED 0.21 for 2011.
Deyaar Development PJSC links for further reading
Deyaar listing - discussion and survey of possible float price
DEYAAR - 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.dfm.ae - DFM information, financial disclosures and news.
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