ANNOUNCEMENTS AND DISCLOSURES

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The Board of Directors of First Dubai Real Estate Development Co. they discussed and approved the company’s Annual Financial Statements for the year ended 31/12/2020.

Reference to the above subject, and our disclosure on the date of 25/01/2021, kindly find attached the material information disclosure form clarifying the results of the meeting of the BOD ofFirst Dubai Real Estate Development Co. held on Thursday 28/01/2021.

 Form for disclosing material information

 

 

 

28/01/2021

Date:

First Dubai Real Estate Development Co.

Name of listed company

The Board of director of First Dubai Real Estate Development Co. has convened on 28/01/2021 at 1:00 PM where they discussed and approved the company’s Annual Financial Statements for the year ended 31/12/2020.

Material information

 Attached

 

-          Annual Consolidated Financial Statements according to Boursa Kuwait templates.

-          Consolidated Statement of Financial Position.

-          Consolidated Statement of Income.

-          Disclosure form of the impact of events caused by the spread of Corona Virus (Covid-19) on the financial statement.

-          Independent Auditor’s Report on the Annual Financial Statements for the year ended 31/12/2020.

 

Effect of the material information on the company financial position