Qatar Cinema Announces the Agenda for Its AGM and EGM
to be Held On 12 February 2017
February 05,
2017
The Board of Directors of Qatar Cinema and
Film Distribution called on shareholders to
attend the Annual General Ordinary &
Extraordinary Meeting of the company which
will be held at 4:30 P.M, on Sunday
12/02/2017 in Radisson Blu hotel (Formerly
Ramada) Joana hall. In case of the lack of
quorum, the next meeting will be held on
Wednesday corresponding to 15/02/2017, at
the same time and place of the first meeting
to review the following:
Agenda of The Ordinary General Meeting
1.
To hear the statement of Board of
Directors on the company’s activities and
its financial position for the year ended 31
December 2016 and its business plans.
2.
To
hear and endorse the report of the External
Auditor on the company’s statement for the
year 2016.
3.
To
discuss and endorse the company’s financial
statement and income and loss statements to
be approved and discuss the recommendation
of the Board of Directors to distribute
shareholders a cash dividend at the rate of
10% of the nominal value of share capital,
representing QR 1.00 per share for the year
2016.
4.
To
absolve the members of the Board of
Directors from any liability for the
financial year ended 31 December 2016.
5.
To
discuss and endorse the Company Governance
Report of the 2016.
6.
To appoint the external auditor
for the financial year 2017 and determine
their fees.
Agenda for Extraordinary General Meeting:
Modifying the article No. 25 which
stipulates the following (The management of
the company shall have headed by the Board
of Directors consisting of 9 members, shall
be elected by the Ordinary General Assembly
through vote by secret ballot, the Board
members shall contain executives and
non-executives members as well as
independent members).
The suggested modification for article No.
25 (The management of the company shall be
headed by the Board of Directors consisting
of 7 members, shall be elected by the
Ordinary General Assembly through vote by
secret ballot, the Board members shall
contain executives and non-executives
members as well as independent members).