Company TECOM Group

Equities

TECOM

AEE01081T004

Real Estate Development & Operations

Delayed Dubai FM 07:40:05 16/05/2024 BST 5-day change 1st Jan Change
2.76 AED +1.10% Intraday chart for TECOM Group -0.36% -0.73%

Business Summary

Tecom Group PJSC is a United Arab Emirates-based entity which is primarily engaged in commercial leasing, venue management, corporate and government services. The Company is organized into four segments which include commercial leasing, industrial leasing, land leasing, services and others. Commercial leasing segment consists of built-to-lease and built-to-suit properties. Industrial leasing segment consists of warehouses and staff accommodation (housing for businesses to use to accommodate their workers). Land leasing segment represent land available within the business districts that already has or is expected to develop the necessary infrastructure (such as connecting roads, water, electricity and sewage) to lease the land. services segment consist of fees from the services, including those generated from venue management services, property management and leasing agreements. Other segments include businesses that individually do not meet the criteria of a reportable segment.

Sales per Business

AED in Million2022Weight2023Weight Delta
Commercial Leasing
51.8 %
1,056 53.5 % 1,124 51.8 % +6.35%
Land Leasing
23.1 %
427 21.6 % 502 23.1 % +17.53%
Industrial Leasing
14.0 %
274 13.9 % 304 14.0 % +11.17%
Services and Others
11.0 %
216 11.0 % 240 11.0 % +10.77%

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
100.0 %
1,973 100.0 % 2,169 100.0 % +9.92%

Managers

Managers TitleAgeSince
Chief Executive Officer - -
Director of Finance/CFO - 31/12/13
Chairman - -
Chief Tech/Sci/R&D Officer - 31/12/12
Director/Board Member - -
Investor Relations Contact - -
Private Equity Investor - 31/03/06
Comptroller/Controller/Auditor - -
General Counsel - -
Corporate Officer/Principal - 31/12/16

Members of the board

Members of the board TitleAgeSince
Chairman - -
Director/Board Member 42 04/07/22
Director/Board Member 41 04/07/22
Director/Board Member 37 04/07/22
Director/Board Member - -
Director/Board Member - 04/07/22
Director/Board Member - 04/07/22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 5,000,000,000 675,000,000 ( 13.50 %) 0 13.50 %

Shareholders

NameEquities%Valuation
Dham LLC
86.50 %
4,325,000,000 86.50 % 3 250 M AED
East Capital Financial Services AB
0.1209 %
6,045,995 0.1209 % 5 M AED
Wellington Management Singapore Pte Ltd.
0.1136 %
5,678,720 0.1136 % 4 M AED
First Abu Dhabi Bank PJSC (Investment Management)
0.007058 %
352,882 0.007058 % 265 173 AED
DFA Australia Ltd.
0.000692 %
34,611 0.000692 % 26 008 AED

Company contact information

TECOM Group PJSC

Commercial Office Building No. 1 Al Qudra Street

73000, Dubai

+

http://www.tecomgroup.ae
address TECOM Group(TECOM)