Al Meera Announces Agenda of AGM That Will Be Held on 19 March 2018

March 5, 2018

Al Meera Consumer Goods Company announced that it has invited the Ordinary General Assembly to convene on 19 March 2018, 4:30 pm, at La Cigale Hotel. If the quorum is not completed, the meeting will be rescheduled to Tuesday 27 March 2018, at the same time and venue, to discuss the following agenda:

 

1.      To hear the opening word of His Excellency the Chairman of the Board of Directors.

2.      To hear the report of the Board of Directors on the company's activity and financial position for the fiscal year ended 31/12/2017, discuss and ratify the company’s future plans.

3.      To hear and ratify the auditor's report on the financial statements for the fiscal year ended 31/12/2017.

4.      To discuss and ratify the annual budget of the company and the profit and loss account for the fiscal year ended 31/12/2017.

5.      To discuss and approve the Board of Directors’ proposal to distribute cash dividends at the rate of 85% of the nominal value of the share, equivalent to QR8.5 per share.

6.      To discuss and approve the Eighth Governance Report.

7.      To consider relieving the members of the Board of Directors from liability for the financial year ended 31/12/2017 and determine their remuneration.

8.      To appoint an auditor for the financial year 2018, and determine their fees.