Mesaieed
Announces the Agenda for Its AGM and EGM on
March 06, 2017
February 08,
2017
Mesaieed Petrochemical Holding
Company announced the agenda for its
Ordinary and Extraordinary General Assembly
Meeting, to be held at 5:00 pm on Monday,
March 6, 2017 in Al-Wajba Ballroom, La
Cigale Hotel. If the quorum is not met, the
meetings will be held at 5:30 pm on
Wednesday, March 15, 2017.
The agenda for the Ordinary
General Assembly Meeting is:
1. Hearing the Chairman’s speech
for the financial year ended December 31,
2016.
2. Hearing and approving the Board of
Directors’ Report on MPHC’s operations and
financial performance for the financial year
ended December 31, 2016, and the future
plans of the Company.
3. Hear and approve the Auditors’ Report on
MPHC’s consolidated financial statements for
the financial year ended December 31, 2016.
4. Approval of MPHC’s financial statements
for the financial year ended December 31,
2016.
5. Approve the 2016 Corporate Governance
Report
6. Approve the Board’s recommendation for a
dividend payment of QR 0.6 per share,
representing 6% of the nominal share value.
7. Absolve the Board of Directors from
responsibility for the year 2016 and approve
their remuneration.
8. Appointment of the external auditors for
the financial year ending December 31, 2017
and approve their fees.
The agenda for the Extraordinary
General Assembly Meeting is:
1. Approval of the proposed
amendments to the Company’s article of
association.