ANNOUNCEMENTS AND DISCLOSURES

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The Ordinary AGM has approved all the items on the agenda for the fiscal year ending December 31,2021.

Date: 29/03/2022

Subject: Ordinary AGM Results disclosure for First Dubai Real Estate Development Co. K.S.C.P

With reference to the above subject and paragraph 27 of article 4-1-1 of chapter4 of book 10 of the executive regulation of law No.7 of 2010 regarding the establishment of the Capital Markets Authority and regulating securities activities, kindly be advised that the ordinary AGM of the company was held on 29/3/2022 and has approved all the agenda items as included in the attached form:


Date:

29/03/2022

Name of listed company

First Dubai Real Estate Development Co.

Material information

  • The Ordinary AGM has approved all the items on the agenda for the fiscal year ending December 31,2021.

 

  • The Ordinary AGM has elected the board of directors for the upcoming three years as follows:

1-      

2-

3-

*The Ordinary General Assembly has approved the appointment of Mr.Nayef Musaed Bazie Al-Yassin – RSM Al-Bazie & Co. as the company’s Auditor for the financial year ending on 31/12/2022 and authorized the Board of Directors to determine their fees.

 

Effect of the material information on the company financial position

There is no impact on the company's financial statements.