Latest news with #OrdinaryAnnualGeneralMeeting
Yahoo
23-05-2025
- Business
- Yahoo
Velcan Holdings: Convening Notice of the Ordinary Annual General Meeting to be Held on June 25, 2025
PRESS RELEASE Luxembourg, May 23, 2025 VELCAN HOLDINGS: CONVENING NOTICE OF THE ORDINARY ANNUAL GENERAL MEETING TO BE HELD ON JUNE 25, 2025 VELCAN HOLDINGS announces to the shareholders of the Company that the Ordinary Annual General Meeting will be held on Wednesday, June 25, 2025, at 11 a.m, in the offices of the law firm Tabery & Wauthier, 10 rue Pierre d'Aspelt, L‐1142 Luxembourg, in order to vote mainly on the approval of the 2024 condensed non-audited consolidated financial statements and of the 2024 audited statutory financial statements; All required information and related documents will be available for downloading on the Company's website on May 23, 2025: Convening notice of the Ordinary Annual General Meeting; Board of Directors' report on the resolutions proposed to the General Meeting; Text of the proposed resolutions; Single participation form. The annual management report and the audit report are available online since April 29, 2025. The Board of Directors invites the shareholders to consult the following page: * * * Investors Relations Contact investor@ Holdings is an investment holding company founded in 2005, managing a global portfolio of participations and investments. The company was launched more than 15 years ago by its reference shareholder LHP SA, owned by Velcan Holdings' management team. Velcan Holdings is listed on the unregulated Euro MTF Stock Market in Luxembourg (Ticker VLCN/ISIN FR0010245803). Velcan Holdings never performed any Public Offer as understood under Directive 2003/71/CE of the European Parliament and press release contains prospective information about the potential of the projects in progress and/or of the projects of which the development has begun. This information constitutes objectives attached to projects and shall not be construed as direct or indirect net income forecast of the concerned year. Reader's attention is also drawn on the fact that the performance of these objectives depends on future circumstances and that it could be affected and/or delayed by risks, known or unknown, uncertainties, and various factors of any nature, notably related to economic, commercial or regulatory conjuncture, which occurrence could be likely to have a negative impact on future activity and performances of the Group. This announcement does not constitute a public offering ('offre au public') nor an invitation to the public or to any qualified investor in connection with any offering. This announcement is not an offer of securities in the United States of America or in any other jurisdiction/country. Attachment 2025.05.23 AGO - Press Release
Business Wire
21-05-2025
- Business
- Business Wire
Combined Shareholders' Meeting of SEB S.A., May 20, 2024
ECULLY, France--(BUSINESS WIRE)--Regulatory News: The Combined Shareholders Meeting of SEB S.A. (Paris:SK) took place on May 20, 2025, and was chaired by Thierry de La Tour d'Artaise, Chairman of the Board of Directors, at 28 Avenue George V in Paris. Shareholders representing 88.24% of voting rights in the Ordinary Annual General Meeting (OAGM) and 88.12% of voting rights in the Extraordinary Annual General Meeting (EAGM), i.e., 4,348 shareholders present or represented by proxy in OAGM and 4,353 shareholders present or represented by proxy in EAGM, adopted all of the resolutions. As Chairman of the Board of Directors, Thierry de La Tour d'Artaise chaired this shareholders' meeting, accompanied by Stanislas de Gramont, Chief Executive Officer, Olivier Casanova, Senior Executive Vice-president, Finance, and Philippe Sumeire, General Secretary, Secretary of the Board of Directors. The General Meeting included presentations on the Group's financial performance in 2024, key highlights of the past year, and the first quarter results of 2025. The Chairman and the CEO then emphasized the pillars underlying the Group's strategy, based on solid fundamentals ensuring growth and resilience in a constantly evolving global environment. The new ESG ambition by 2030 was also introduced. Philippe Sumeire subsequently addressed governance, with the Chairman reviewing the work completed in 2024 by the Board of Directors and its Committees. The presentation concluded with an explanation of the information prior to voting on the resolutions, followed by a discussion session with shareholders. The Shareholders' Meeting approved all of the resolutions presented by the Board, including: The distribution of a dividend of €2.80 1 for the fiscal year 2024. The coupon will be detached on June 3, and the dividend will be paid from June 5, 2025; The renewal of the mandate of Mrs. Brigitte Forestier and the appointment of Mr. Eric Rondolat as Director; Approval of the 2024 remuneration components and the 2025 remuneration policy for all corporate officers. Lastly, on the recommendation of the Governance and Remuneration Committee, the Board of Directors, which met at the end of the Shareholders' Meeting, appointed Mr. Eric Rondolat as a member of the Audit and Compliance Committee, and the Strategic and CSR Committee. The composition of the committees is now as follows: Audit and Compliance Committee: Catherine Pourre (Chair), François Mirallié, Adeline Lemaire, Eric Rondolat; Governance and Remuneration Committee: Jean-Pierre Duprieu (Chair), Damarys Braida, Caroline Chevalley, Brigitte Forestier, Catherine Pourre; Strategic and CSR Committee: Thierry de La Tour d'Artaise (Chair), William Gairard, Adeline Lemaire, Thierry Lescure, Catherine Pourre, Eric Rondolat. The replay of the Shareholders' Meeting is available at: The results of the votes will be made available over the coming days on that same section of the website. Next key dates – 2025 You can also find us at World reference in Small Domestic Equipment and professional coffee machines, Groupe SEB operates with a unique portfolio of 40 top brands (including Tefal, Seb, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, Supor), marketed through multi-format retailing. Selling more than 400 million products a year, it deploys a long-term strategy focused on innovation, international development, competitiveness, and client service. Present in over 150 countries, Groupe SEB generated sales of €8.3bn in 2024 and has more than 32,000 employees worldwide. SEB S.A. ■ 1 The dividend will be raised to 3.08 euros per share for shares benefiting from the loyalty bonus.
Bahrain This Week
22-03-2025
- Business
- Bahrain This Week
Seef Properties Approves BD 4.09M Dividends, Elects New Board
Seef Properties B.S.C. (trading code: SEEF) held its Ordinary Annual General Meeting on 19 March 2025 at 1 p.m. at Al Liwan Cinema to review and approve key agenda items. Chaired by Seef Properties Chairman, Mr. Essa Mohamed Najibi, the meeting was attended by the Company's Board Members, Chief Executive Officer Mr. Ahmed Yusuf, other Executive Management team members, and representatives from the Ministry of Industry and Commerce, the Central Bank of Bahrain, Bahrain Bourse, and Bahrain Clear. The meeting reviewed the Company's financial results and major achievements over the past year. The Ordinary Annual General Meeting approved the financial results for the year ended 31 December 2024 and the recommendations of the Board of Directors, which included a 9% cash dividend distribution to shareholders, amounting to BD 4.09 million (9 fils per share), and the allocation of BD 170,000 towards charitable and community initiatives under the Company's Corporate Social Responsibility program. Seef Properties reported a net profit attributable to the shareholders of BD 5.61 million for the year ended 31 December 2024, compared to BD 6.44 million in the previous year, reflecting a 12.94% decline. The basic and diluted earnings per share attributable to the parent company's shareholders stood at 12.26 fils for the financial year ended 31 December 2024, down from 14.00 fils in the previous year. Operating profit for the financial year ended 31 December 2024 reached BD 12.32 million, marking an 11.70% decrease from BD 13.95 million in the previous year. The Ordinary Annual General Meeting saw the election of a new Board of Directors, with nine members elected for a three-year term, and the remaining position appointed by the Social Insurance Organization. Essa Mohammed Najibi, Sattam Sulaiman Al Gosaibi, and Mohammed Ebrahim Al Bastaki were re-elected, Anwar Mohamed Ali Murad, Zayed Ali Rashed Al Amin, Majed Abdulla Al Khan, Ahmed Habib Ahmed Kassim, Sara Khalil Nooruddin, and Ahmed Al Mutawa were elected, while Sahar Rashed Al Mannai was appointed by the Social Insurance Organization. Seef Properties Chairman Mr. Essa Mohammed Najibi stated: 'Looking at the past year, we are proud to have been able to execute several ambitious strategies, particularly our regional expansion into the Saudi market. This milestone marks a significant step forward and enhances our ability to capitalize on the region's emerging opportunities. Seef Properties' achievements in 2024 have strengthened our standing in retail, hospitality, and entertainment. As we move forward, we remain committed to developing projects that drive Bahrain's economic growth in line with Bahrain Vision 2030, while exploring new opportunities to strengthen our industry leadership.' Mr. Najibi added: 'We deeply value the government's continuous support and our strong partnership with the Ministry of Tourism. This underscores the success of such public-private collaborations in the Kingdom, which have not only enhanced Bahrain's position as a premier tourist destination but also highlight Seef Properties' contributions to the national economy and sustainable development.' Seef Properties Chief Executive Officer Mr. Ahmed Yusuf said: 'We continue to consolidate our market presence by expanding across the real estate, retail, hospitality, and entertainment sectors, in line with our commitment to Bahrain's economic growth. By attracting leading global and regional brands, we enhance the appeal of our projects and create premium, diverse shopping experiences. Widening our partnerships and investments portfolio, we aim to deliver exceptional experiences that exceed the expectations of residents, visitors, and businesses alike.' Seef Properties achieved several key milestones in the past year, including a strategic partnership with Majd Investment to develop a mixed-use project in Dammam, marking the Company's first regional venture. The launch of Fraser Suites Al Liwan strengthened its hospitality portfolio, while the introduction of a solar energy project in Bahrain demonstrated the Company's commitment to sustainability, aligning with both Bahrain Vision 2030 and the UN's Sustainable Development Goals (SDGs).
Daily Tribune
20-03-2025
- Business
- Daily Tribune
Seef Properties' AGM approves BD 4.09 million cash dividends, elects new Board of Directors
Seef Properties held its Ordinary Annual General Meeting at Al Liwan Cinema to review and approve key agenda items. Chaired by Seef Properties Chairman, Mr. Essa Mohamed Najibi, the meeting was attended by the Company's Board Members, Chief Executive Officer Mr. Ahmed Yusuf, other Executive Management team members, and representatives from the Ministry of Industry and Commerce, the Central Bank of Bahrain, Bahrain Bourse, and Bahrain Clear. The Ordinary Annual General Meeting approved the financial results for the year ended 31 December 2024 and the recommendations of the Board of Directors, which included a 9% cash dividend distribution to shareholders, amounting to BD 4.09 million (9 fils per share), and the allocation of BD 170,000 towards charitable and community initiatives under the Company's Corporate Social Responsibility programme. Seef Properties reported a net profit attributable to the shareholders of BD 5.61 million for the year ended 31 December 2024, compared to BD 6.44 m in the previous year, reflecting a 12.94% decline. The basic and diluted earnings per share attributable to the parent company's shareholders stood at 12.26 fils for the financial year ended 31 December 2024, down from 14.00 fils in the previous year. Operating profit for the financial year ended 31 December 2024 reached BD 12.32 m, marking an 11.70% decrease from BD 13.95 m in the previous year. The Ordinary Annual General Meeting saw the election of a new Board of Directors, with nine members elected for a three-year term, and the remaining position appointed by the Social Insurance Organization. Essa Mohammed Najibi, Sattam Sulaiman Al Gosaibi, and Mohammed Ebrahim Al Bastaki were re-elected, Anwar Mohamed Ali Murad, Zayed Ali Rashed Al Amin, Majed Abdulla Al Khan, Ahmed Habib Ahmed Kassim, Sara Khalil Nooruddin, and Ahmed Al Mutawa were elected, while Sahar Rashed Al Mannai was appointed by the Social Insurance Organization. Seef Properties Chairman Mr. Essa Mohammed Najibi stated: 'As we move forward, we remain committed to developing projects that drive Bahrain's economic growth in line with Bahrain Vision 2030, while exploring new opportunities to strengthen our industry leadership." Seef Properties Chief Executive Officer Mr. Ahmed Yusuf said: 'We continue to consolidate our market presence by expanding across the real estate, retail, hospitality, and entertainment sectors, in line with our commitment to Bahrain's economic growth. By attracting leading global and regional brands, we enhance the appeal of our projects and create premium, diverse shopping experiences. Widening our partnerships and investments portfolio, we aim to deliver exceptional experiences that exceed the expectations of residents, visitors, and businesses alike.'
Biz Bahrain
20-03-2025
- Business
- Biz Bahrain
Seef Properties' Annual General Meeting approves distribution of BD 4.09 million in cash dividends to shareholders and elects new Board of Directors
Seef Properties B.S.C. (trading code: SEEF) held its Ordinary Annual General Meeting on 19 March 2025 at 1 p.m. at Al Liwan Cinema to review and approve key agenda items. Chaired by Seef Properties Chairman, Mr. Essa Mohamed Najibi, the meeting was attended by the Company's Board Members, Chief Executive Officer Mr. Ahmed Yusuf, other Executive Management team members, and representatives from the Ministry of Industry and Commerce, the Central Bank of Bahrain, Bahrain Bourse, and Bahrain Clear. The meeting reviewed the Company's financial results and major achievements over the past year. The Ordinary Annual General Meeting approved the financial results for the year ended 31 December 2024 and the recommendations of the Board of Directors, which included a 9% cash dividend distribution to shareholders, amounting to BD 4.09 million (9 fils per share), and the allocation of BD 170,000 towards charitable and community initiatives under the Company's Corporate Social Responsibility program. Seef Properties reported a net profit attributable to the shareholders of BD 5.61 million for the year ended 31 December 2024, compared to BD 6.44 million in the previous year, reflecting a 12.94% decline. The basic and diluted earnings per share attributable to the parent company's shareholders stood at 12.26 fils for the financial year ended 31 December 2024, down from 14.00 fils in the previous year. Operating profit for the financial year ended 31 December 2024 reached BD 12.32 million, marking an 11.70% decrease from BD 13.95 million in the previous year. The Ordinary Annual General Meeting saw the election of a new Board of Directors, with nine members elected for a three-year term, and the remaining position appointed by the Social Insurance Organization. Essa Mohammed Najibi, Sattam Sulaiman Al Gosaibi, and Mohammed Ebrahim Al Bastaki were re-elected, Anwar Mohamed Ali Murad, Zayed Ali Rashed Al Amin, Majed Abdulla Al Khan, Ahmed Habib Ahmed Kassim, Sara Khalil Nooruddin, and Ahmed Al Mutawa were elected, while Sahar Rashed Al Mannai was appointed by the Social Insurance Organization. Seef Properties Chairman Mr. Essa Mohammed Najibi stated: 'Looking at the past year, we are proud to have been able to execute several ambitious strategies, particularly our regional expansion into the Saudi market. This milestone marks a significant step forward and enhances our ability to capitalize on the region's emerging opportunities. Seef Properties' achievements in 2024 have strengthened our standing in retail, hospitality, and entertainment. As we move forward, we remain committed to developing projects that drive Bahrain's economic growth in line with Bahrain Vision 2030, while exploring new opportunities to strengthen our industry leadership.' Mr. Najibi added: 'We deeply value the government's continuous support and our strong partnership with the Ministry of Tourism. This underscores the success of such public-private collaborations in the Kingdom, which have not only enhanced Bahrain's position as a premier tourist destination but also highlight Seef Properties' contributions to the national economy and sustainable development.' Seef Properties Chief Executive Officer Mr. Ahmed Yusuf said: 'We continue to consolidate our market presence by expanding across the real estate, retail, hospitality, and entertainment sectors, in line with our commitment to Bahrain's economic growth. By attracting leading global and regional brands, we enhance the appeal of our projects and create premium, diverse shopping experiences. Widening our partnerships and investments portfolio, we aim to deliver exceptional experiences that exceed the expectations of residents, visitors, and businesses alike.' Seef Properties achieved several key milestones in the past year, including a strategic partnership with Majd Investment to develop a mixed-use project in Dammam, marking the Company's first regional venture. The launch of Fraser Suites Al Liwan strengthened its hospitality portfolio, while the introduction of a solar energy project in Bahrain demonstrated the Company's commitment to sustainability, aligning with both Bahrain Vision 2030 and the UN's Sustainable Development Goals (SDGs).
