Eships aims to double its fleet National The two Abu Dhabi shareholders last year bought out the shares of the Muscat-based Oman and Emirates Investment Holding, which decided to leave the shipping ... More ...
ArabianBusiness.com Dubai index slumps to fresh six-week low ArabianBusiness.com Selling was mostly directed at small cap names such as Al Anwar Holding and Oman & Emirates Investment Holding Co, which fell 6.4 and 6.1 percent ... and more » More ...
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Eships aims to double its fleet National The two Abu Dhabi shareholders last year bought out the shares of the Muscat-based Oman and Emirates Investment Holding, which decided to leave the shipping ... More ...
ArabianBusiness.com Dubai index slumps to fresh six-week low ArabianBusiness.com Selling was mostly directed at small cap names such as Al Anwar Holding and Oman & Emirates Investment Holding Co, which fell 6.4 and 6.1 percent ... and more » More ...
Oman & Emirates Investment Holding Company share capital, shares outstanding,
AGMs, EGMs, dividends and record dates
30 June 2008 - Share Capital assumed to be 12,187,500 with addition of 30% share dividend (AGM minutes not supplied by OEIHC to confirm).
27 April 2008 - AGM (postponed from 31 March 2008?) 30% stock & 20% cash
dividend? Not confirmed, confusing disclosures supplied by OEIHC
31 March 2008 - Dividend record date? Additional shares do not appear
to be included in OEIHC financial summary released 06 May 2008.
09 March 2008 - 30% bonus shares and 20% cash dividend proposed in OEIHC
Chairman's report
25 February 2008 - 10:1 share split & share dividend appears to take effect
in market (ADSM listed shares closed at AED 43.65 on 20 Feb, and closed
at 3.65 on 25 Feb 2008, not traded on 21 & 24 Feb 2008). Share capital
of RO 9.375 million, shares outstanding 93.75 million
12 February 2008 - 10:1 share split, par value from RO 1 to 100 Baizas
(1 Omani Riyal = 1000 Baizas) according to 2007 FY annual report from
OEIHC
31 December 2007 - RO 7.5 million
12 February 2007 - date of Royal Decree 16 / 2008, resulting in increase
to Authorised Share Capital increased to RO 20 million in February 2008
(information from Chairman's report dated 09 March 2008, unknown why a
one year gap between date of decree and effect of decree).
31 December 2006 - RO 7.5 million
29 April 2006 - AGM approved 25% share dividend (not credited to shareholders
until February 2008 - appears to be due to delay in increase of authorised
share capital)
31 December 2005 - RO 7.5 million share capital (7.5 million shares)
08 December 2007
Oman Emirates Investment Holding Company is an investment company with several
subsidiaries and stakes in other companies. It has investments mostly based
in Oman but also some in the UAE.
OEIHC Group and Parent
The OEIHC Group includes the OEIHC Parent company and the
OEIHC subsidiaries as far as we can see from the financial accounts, which
include Income Statements and Balance Sheets etc for both the Group and the
Parent.
OEIHC listings
There are two listings for OEIHC on the Muscat Securities
Market (MSM) with symbols OEIO and OEIE.
OEIO appears to be for Omani nationals
only and OEIE for UAE nationals.
Therefore, OEIE must be the dual listing for Oman & Emirates
Investment on MSM and ADSM.
OEIHC shares are infrequently traded on the ADSM
and are about as active on the MSM.
The OEIO share price is substantially
higher than the OEIE share price. It is not clear why. The OEIE share
price quoted on the MSM corresponds roughly to the share prices on the ADSM.
See www.msm.gov.om for
OEIO information on the MSM website, or www.msm.gov.om for
OEIE information - which is just price data, not much
else. The OEIO listing has all the company information etc.
ESCA website says foreign ownership is permitted but a percentage figure
is not given. ADSM website says no foreign ownership is permitted, 100% for
Nationals.
Other notes
MSM website has chairman's name as Mr Khalil Mohamed Sharif.
CEO's name (Awad Bamakhalef) from press release when OEIHC first listed
on the ADSM. The MSM
website lists Awad Mohammed Bamkhalif as Executive President.
Chairman's name also written as Khalil Foulathi.
Oman Emirates Holding website says "coming soon" and has email address
info@omanemirates.com, and tel
+968-24489458.
Contact details for the OEIHC office
in Abu Dhabi are:
Tel: +971-2-6266443
Fax: +971-2-6266171
PO Box 30636, Abu Dhabi,
UAE
OEIHC subsidiaries (fully or partly owned - from 2007 Q3 financial statements)
United Brokerage Company LLC, UAE
Majan Special Opportunities Joint Investment Account, Oman
OEIHC - 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.
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