CASH DIVIDENDS NOT RECEIVED BY THE SHAREHOLDERS BEFORE MARCH 1, 2015.
With reference to the directives issued by the Securities and Commodities Authority (SCA) regarding cash dividends not received by the shareholders of listed local public joint stock companies and held/kept by companies before March 1, 2015.
RAK Properties P.J.S.C (the Company) requests the shareholders who are entitled to non-received cash dividends for the period before March 1, 2015, Visit Unclaimed Dividends section to ensure that the shareholder’s name is included as entitled to cash dividends.
In case the shareholder is entitled to any cash dividends, the following documents need to be provided for the payment of the said dividends:
1. A letter signed by the shareholder or his/her legal representative addressed to the Company including a request to issue a check or make a bank transfer for the value of the payable cash dividends.
2. The original Emirates ID of the shareholder and a copy of the same or the original passport of the shareholder and a copy of the same.
3. In case there is a general or special power of attorney for the shareholder, please provide the original duly attested power of attorney with a copy of the same, as well as the Emirates ID of the representative and a copy of the same or the original passport of the representative and a copy of the same.
4. Any other documents required by the Company.
Please note that as of February 14, 2021, all dividends that were not received by the eligible shareholders will be transferred to SCA which will be responsible for the payment of the dividends to the eligible shareholders upon claiming the same. SCA will publish a statement on its website and the financial markets websites clarifying its assumption of this role with all relevant details in due course.