بقيمة سوقية تتجاوز 5.5 مليار درهم.. سوق دبي المالي يستقبل شركة Spinneys في ثاني إدراجات عام 2024

Watch بقيمة سوقية تتجاوز 5.5 مليار درهم.. سوق دبي المالي يستقبل شركة Spinneys في ثاني إدراجات عام 2024 - CNBCArabia on Dailymotion

Transcript

00:00 The second step in the 2024 Dubai financial market is the Emirati Spenis trip.

00:08 From the acquisition to the step in the Dubai financial market.

00:12 First, the annual offer to the company.

00:15 The company had offered 25% of the capital with the interest of the offer at 1.38 billion UAE dirhams.

00:26 But the note in the cover of the offer, the requirements for the acquisition of the Spenis share were approximately 71 billion UAH.

00:35 And the coverage ratio was 64 times.

00:39 And thus, it is the highest level of acquisition for non-governmental companies in recent years.

00:46 But what about the net profits of the company?

00:49 We are talking about the final offer price was 1.53 dirhams.

00:56 And the market value with the official acquisition of the company is 5.5 billion UAH.

01:04 Moving on to the rest of the details of this company, especially its net profits.

01:10 We had a growth of approximately 20% to 256 million UAH.

01:18 We are talking about 2023, with a 4.214 million UAH in the year before 2022.

01:29 This was supported by the growth of the interest in the areas where the company operates.

01:35 Especially the Emirati market, where the interest grew by 10% to 2.8 billion UAH.

01:45 While in the Omani market, the interest of Spenis was 5% to 94 million UAH.

01:53 But what about the policy of distribution?

01:56 We are talking about half-year distribution.

01:59 The company is talking about two distributions.

02:01 The first distribution in April and the second in October.

02:04 And 70% of the annual profits are distributed.

02:08 But let's talk about the company's strategy after the acquisition.

02:12 It is talking about opening three new stores in the Emirates.

02:16 But the most important thing is the expansion in the Saudi market.

02:19 Where it is committed to opening its first store in the Saudi Arabian Kingdom.

02:25 So, Spenis is the second step in the Dubai financial market since the beginning of 2024.