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Tuesday 22nd March, 2005ALDAR Properties PJSC aims to officially list its shares on the Abu Dhabi Securities Market in the first week of April
Summary: ALDAR Properties PJSC announced today that it is aiming to have the company's shares listed on the Abu Dhabi Securities Market (ADSM) on Tuesday, April 5, 2005.
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Saturday 5th March, 2005
UAE Ministry of Economy and Planning declares that ALDAR Properties PJSC is incorporated
Summary: ALDAR Properties Public Joint Stock Company (PJSC) announced today, that the UAE Ministry of Economy and Planning declared that the company has been incorporated according to Ministerial Resolution No. (59) of 2005, signed on February 23, 2005. The Ministry announced the incorporation of ALDAR Properties PJSC with a share capital of AED 1,500,000,000 and a nominal value of AED 1 per share, paid in full.
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Tuesday 1st March, 2005
ALDAR shareholders invited to register their shares with National Bank of Abu Dhabi before March 19, 2005
Summary: ALDAR Properties PJSC announced today that the shareholders' register will be open from Saturday March 5 until Saturday March 19, 2005 for all those shareholders who purchased shares in the company from successful subscribers of the IPO.
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Tuesday 22nd February, 2005
ALDAR Properties will build new AED 1.3 billion Abu Dhabi Central Market from March 2, 2005
Summary: ALDAR Properties PJSC, Abu Dhabi's newly established property development and real estate company, today announced that five of the world's leading architectural companies have been invited to submit designs for the new Central Market in Abu Dhabi. The Central Market redevelopment is a prestigious and fully integrated mixed-use scheme at the heart of Abu Dhabi City. Five of the world's leading architectural firms have accordingly been selected to bid for this prestigious retail, residential, office and hotel development project worth in excess of AED 1.3 billion.
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Monday 14th February, 2005
Britain's Prince Andrew inspects future projects of ALDAR Properties
Summary: HRH Prince Andrew, the Duke of York, paid an official visit this morning to the offices of ALDAR Properties PJSC, Abu Dhabi's newly established property development and real estate company. He was received by ALDAR's Chairman, Ahmed Ali Al Sayegh, and CEO Christopher Sims.
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Tuesday 8th February, 2005
ALDAR Properties announces new city district in Abu Dhabi
Summary: The UAE President and Ruler of Abu Dhabi, H.H. Sheikh Khalifa bin Zayed Al Nahyan, today approved ALDAR Properties PJSC's master plan for a new city district at Al Raha as the new gateway to Abu Dhabi city. Maximizing the water frontage at Al Raha Beach, the new city will provide a lifestyle destination embracing residential, commercial, cultural, entertainment and public amenities.
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Saturday 29th January, 2005
ALDAR Properties PJSC is now legally incorporated
Summary: The Founders Committee of ALDAR Properties announced that the required quorum of shareholders of ALDAR Properties PJSC attended the Inaugural Annual General Meeting on January 29, 2005, and voted during the meeting to incorporate the newly formed company. The Shareholders also approved the first Board of Directors of ALDAR Properties PJSC. Board members met after the Inaugural General Meeting to nominate Ahmed Ali Al Sayegh as Chairman of the Board.
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Sunday 16th January, 2005
Quorum not achieved for the Inaugural General Meeting of ALDAR Properties PJSC
Summary: ALDAR Properties PJSC announced today that no voting quorum had been reached during today's initial meeting of shareholders. Shareholders had been requested to meet at the Abu Dhabi Officers' Club, so as to approve the Founder's Committee Report on the company's establishment operations and expenses, as stated in the auditor's report and the company's statutes. However, an insufficient number of shareholders were present for voting to proceed.
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Sunday 2nd January, 2005
Abu Dhabi Central Market to close on March 1, 2005, for complete redevelopment
Summary: It was announced today that the Central Market in Abu Dhabi will close at midnight on March 1, 2005, for the purpose of redevelopment - and that all shop owners are being invited to register their ownership related documents immediately with ADDAR Real Estate Services LLC. The Central Market will be redeveloped as a showpiece project for Abu Dhabi Emirate. At the heart of the 50,000 sqm redevelopment will be the transformation of the existing Souk into a vibrant new city centre destination.
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