DFM International Investor Roadshow draws significant interest from ...Commenting on the outcome of the roadshow, Fahima Al Bastaki, Senior Vice President, Head of Business Development Division, DFM , said: Our roadshow in New York has achieved tremendous turn out as 180 One-on-One meetings took place with representatives of 46 leading funds. This provides a strong indication of its success and international investors enthusiasm to further participate in our market as well as listed companies inclination to interact with those investors, particularly subsequent to the UAEs classification as an Emerging Market. The DFM roadshows gain momentum yearly as we constantly place emphasis on presenting new companies in addition to the regular participants in line with investor demand and in coordination with the co-host. We strongly encourage issuers to actively connect with investors and analysts and over the past years, DFM has been vigorously collaborating with them to promote best practices of Investor Relations. In fact, listed companies dedicated lots of efforts and resources to embrace such practices, which is noticeably recognized by investors.
Senior executives of Dubai-listed companies commended the result of the event stressing its significance at the top of their list of investor events annually due to the high level of attendees from institutions in the USA.
: A strong platform to highlight Dubais strength as a destination for foreign investment
Amit Jain, Group Chief Operating Officer, Emaar Properties , said: The DFM International Investor Roadshow in New York was a strong platform to highlight Dubais strength as a destination for foreign investment, and to underline the financial fundamentals of Emaar in delivering sustained value for our stakeholders. DFM roadshows have traditionally served us in interacting closely with investors, which have benefited us significantly, particularly during the recent Emaar Malls IPO. The opportunity to meet high profile investors and representatives of major global funds will continue to add value for Emaar and other DFM companies further defining Dubai as a global hub for business and finance.
Dubai Investments: an excellent opportunity to draw attention to our capabilities and expertise across diverse sectors
Abdulaziz bin Yagub Al Serkal, General Manager, Dubai Investments PJSC, said: The DFM international investor roadshow in New York was a great platform to network with foreign investors and offered an excellent opportunity to draw attention to our capabilities and expertise across diverse sectors. The roadshow was an effective forum to provide insights about Dubai Investments strategy and future growth plans and highlight the value creation that we have achieved for our shareholders. The event also gave us valuable feedback about how we are perceived by the international investor community. He added: The roadshow reinforced the strong growth potential offered by the DFM -listed companies and the attractive opportunities across various sectors for global institutional investors.
DP World: illustrating the great strides the UAE, Dubai and DP World have made
Mohammed Sharaf, Group Chief Executive Officer, DP World: Being a global business, we place great value on consistent engagement with the international financial community, and we are proud to partner with DFM on this roadshow to illustrate the great strides the UAE, Dubai and DP World have made as we continue to develop the economic foundations for future success, creating a legacy for those that follow.
Emirates NBD: valuable event for both issuers and investors
Shayne Nelson, Group CEO, Emirates NBD said: We are very pleased to be once again associated with this DFM initiative. This roadshow provides an effective forum for Emirates NBD to meet with international investors to provide an update on company performance and discuss the outlook for the UAE banking sector. The DFM International Investor Roadshows in New York and London have become established and well attended events, underlining the value that they generate for both issuers and investors.
DAMAC: a corner stone of our global investor relations activities
Adil Taqi, Group Chief Finance Officer, DAMAC, said: We at DAMAC Properties view our participation in the DFM International Road Shows as a corner stone of our global investor relations activities. Almost two thirds of the institutional share holdings in our company are with regional and international asset managers and we appreciate and support the DFM s efforts in promoting the Dubai listed entities to the international investment community, as well as highlighting the attractiveness and security of the investment environment in Dubai.
About Dubai Financial Market:
Dubai Financial Market ( DFM ) was established as a public institution with its own independent corporate body. DFM operates as a secondary market for the trading of securities issued by public shareholding companies, bonds issued by the Federal Government or any of the local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the market. The DFM commenced operations on March 26, 2000. Following its initial public offering in November 2006, when DFM offered 1.6 billion shares, representing 20 per cent of its paid-up capital of AED 8 billion, DFM became a public joint stock company. Following the IPO, the Government of Dubai retained the remaining 80 per cent of DFM Company through Borse Dubai Limited. www.dfm.ae
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Dubai Financial Market
copy; Press Release 2015
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