Essays on Risk and Insurance - Ultimate Construction Company UAE Ltd Case Study

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The paper 'Risk and Insurance - Ultimate Construction Company UAE Ltd" is a good example of a management case study. The name of the company is Ultimate Construction Company UAE Ltd. This is a publicly listed company and which has operations across UAE and across the borders in countries such as Australia and North Africa. The company’ s shareholding structure; The company has over 57,000 shareholders who hold over 580 million shares. However, it is worth noting that 75% of the shares are held by the company’ s ten largest shareholders. The shareholding is composed of individual, institutional, and private and undisclosed holdings investors.

Information relating to the company’ s ten largest shareholders is given below; Name No of shares % of issued share capital Emirates custody Nominees (UAE) Limited 156,506,000 30% National nominees limited 108,352,158 19% UAE Noms limited 78,332,918 13.5% Emirates life-limited 32,000,000 5.5% Abdul Husein 15,000,000 2.6% Kings limited 8,000,000 1.4% Mohamed Abdu 7,000,000 1.2% Mecca limited 7,000,000 1.2% Abu Isaak 3,005,192 0.52 Mohamed Fatah 464,0125 0.08% Activity Ultimate Construction Company UAE Ltd is a leading construction company mainly operating in Australia although it also has operations in Australia and North Africa. The aim of the company is to create the best constructions that inspire and enrich lives wherever it operates by observing the highest standards of safety, innovation as well as sustainability.

The company’ s current projects include civil works such as road construction as well as private property development projects (Vaughan, 2002). The company has been in operation for the last ten years and has been the force behind many iconic places wherever it operates. Market and competition As stated above, Ultimate Construction Company UAE Limited mainly deals with construction projects both civil and private. In other words, the company’ s market for its products includes the governments of the various countries in which it operates as well as private individuals and companies who contract it to undertake various construction projects.  

References

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Vaughan, T2002, Essentials of risk management and insurance, New York, John Willey & Sons.

Jared, B2011, Principles of risk and insurance, London, Rutledge.

Niehaus, G2008, Risk management and insurance, New York, McGraw Hill.

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