Amanat plans to move its headquarters and list shares on Abu Dhabi bourse – The National

Amanat plans to move its headquarters and list shares on Abu Dhabi bourse – The National

Amanat plans to move its headquarters and list shares on Abu Dhabi bourse. Amanat Holdings, the Dubai-listed firm that invests in healthcare and education businesses, plans to move its headquarters to Abu Dhabi and list its shares on the Abu Dhabi Securities Exchange.. A special resolution, added by shareholders owning more than 10 per cent of the company, to move from Dubai to Abu Dhabi was approved at its general assembly meeting, the company said in a statement on Wednesday without specifying any reason for the move.. The decision to move the company's headquarters as well as to list on Abu Dhabi bourse is subject to the approval of the relevant authorities, including the Securities and Commodities Authority, the Dubai Financial Market and the Abu Dhabi Securities Exchange.. The company also said its shareholders approved the board of directors' recommendation to distribute a cash dividend of 2.2 fils per share for the year ended December 2019.. The dividend distribution represents a total payout of Dh55 million, marking the fifth consecutive year of dividend distribution by Amanat.. Net income for the 12-month period ending December 31 climbed to Dh60m, the company said earlier this year.. Total income for the reporting period