Qatar-Oman Investment Holds Its AGM and EGM Meetings on 11/3/2019

February 24, 2019

The Board of Directors of Qatar-Oman Investment Company announced that it is pleased to invite its valued shareholders to attend the Ordinary and Extraordinary General Assembly meetings to be held at the Radisson Blu (Previously Ramada Hotel) - Giwana Hall, at 6:30pm on Monday, 11/3/2019. In case the quorum is not met, an alternate meeting will be held on 26/3/2019, at the same time and venue.

Agenda of the Ordinary General Assembly meeting:

1-      Attend the Chairman’s keynote and approve the Board of Directors report about the company’s activities and its financial position for the period ended 31 December 2018, and future plan of the company.

 

2-      View and approve the External Auditor’s report about the company’s balance sheet and the accounts submitted by the Board for the financial year ended 31/12/2018.

 

3-      Discuss and approve the Audited financial statement and profit and loss for the year ended 31 December 2018.

 

4-      Discuss and approve the company’s 2018 Corporate Governance report.

 

5-      Approve the Board’s proposal to distribute 3% cash dividends, which representing QAR0.30 per share.

 

6-      Release the members of the Board of Directors from liability and approve their remuneration for the financial year ended 31 December 2018.

 

7-      Approve the appointment of an External Auditor for the financial year 2019 and determine their annual fees.

Agenda of the Extraordinary General Assembly meeting:

1)      Amend article (8) of the Articles of Association, in line with the Government directives in the State of Qatar, and the implementation of Law No. (9) of 2014 amending provisions Law No. (13) of 2000, which regulates the investment of non-Qatari capital in economic activity 9/2014 after the approval of the supervisory sectors and the government agencies.

 

2)      Amend articles (5) (6) (7) and (27) of the Articles of Association, to comply with the decision of the Board of Directors of Qatar Financial Markets Authority to amend the value of the share to be 1 Qatari Riyal instead of 10 Qatari Riyal.

 

3)      Authorize the Board of Directors to implement the above additions and amendments to the Articles of Association.

 

To view the invitation click here

To view the Articles of Association’s amendment agenda click here