National Central Cooling Co. (p.s.c.) (tabreed) · DFM:TABREED
National Central Cooling Co. (p.s.c.) (tabreed) — National Central Cooling Company PJSC (Tabreed) — Shareholder Meeting (May 2015)
7 slides from National Central Cooling Co. (p.s.c.) (tabreed)'s shareholder meeting presentation, May 2015
Slide 1: MCB Buyback: Shareholders Presentation
National Central Cooling Company PJSC MCB Buyback: Shareholders Presentation
Slide 2: Introduction
Introduction Since 2011, Tabreed has delivered year-on-year improvements in its financial and operational performance, transforming itself into a successful utility infrastructure business. During this period, the company has recorded annual double-digit profit growth driven by sustainable, recurrin
Slide 3: The Proposal: MCB Buyback
The Proposal: MCB Buyback With its stronger credit profile and the availability of attractive financing, Tabreed has decided to further strengthen its financial position by presenting a proposal for shareholders’ approval for the buyback of 28% of the MCB (which equates to 854 million bonds) at a pu
Slide 4: Corporate Governance
Corporate Governance In pursuing this proposal, Tabreed has ensured the safeguarding of shareholders rights through several important measures: 1) Tabreed has engaged HSBC Bank Middle East Limited (HSBC) to provide a fairness opinion letter to the Board of Directors of Tabreed which states that (bas
Slide 5: Next Steps: Shareholders Vote at OGA
Next Steps: Shareholders Vote at OGA Tabreed will convene an OGA on June 7 at 5:30 PM at the Beach Rotana Hotel in Abu Dhabi to present this proposal to shareholders, who will have the opportunity to discuss it with the company’s senior executive team and board members, and then vote on whether to a
Slide 6: FAQ
FAQ 1) When will the OGA take place? The OGA is scheduled for 7 June at 5:30PM at the Beach Rotana Hotel in Abu Dhabi. In the event a quorum for the first meeting is not achieved, the OGA will be adjourned until 14 June 2015 at the same time and place. 2) What will happen to these MCB after the buyb
Slide 7: Contact Details
Contact Details If you have any inquiries please contact: Shareholders Department: • Tel: +971 2 6455007; Ext: 444 • Email: ir@tabreed.ae 7
National Central Cooling Company PJSC (Tabreed) — Shareholder Meeting (May 2015) on 6ix