Source: www.emaar.com
April 28, 2010: Emaar Properties PJSC will hold its 12th Annual General Meeting (AGM) at 5pm on April 29, 2010, at the Constellation Ballroom of The Address Dubai Marina hotel in Dubai Marina.
The assembly will discuss the proposal of the Board of Directors regarding the non-distribution of dividends, and discuss the company’s balance sheet for the fiscal year ending December 31, 2009, as well as its profit and loss account.
Also on the agenda is the approval of the report of the Board of Directors on the activities and financial position of the company for the fiscal year 2009 and the Auditor’s Report for the same period. The assembly will appoint auditors for year 2010 and determine their remuneration.
In 2009, Emaar Properties recorded annual profits from continued operations of AED 2.051 billion (US$ 558.5 million) and annual revenue of AED 8.413 billion (US$ 2.290 billion).
