Salam International Announces Agenda of Its
General Assembly to be Held oHEHhhhhkkwwkkwn
1/4/2019
March 13, 2019
Salam International Investment Ltd
announced that its Ordinary and Extraordinary General Assembly
meetings will take place on Monday 1/4/2019 at 6:30pm at The
Gate Mall. In the event the quorum was not met, the meeting will
be adjourned to Monday 8/4/2019 at the same location.
Agenda of the Ordinary General
Assembly:
1)
View
the Board of Directors’ report on the company’s activities and
financial position for the financial year ended 31 Dec 2018, and
discus its future plans.
2)
View
the Auditors’ Report regarding the company’s Balance and
Profit/Loss accounts for the financial year ended 31 Dec 2018.
3)
Discuss and approve the company’s overall Balance Sheet and
Profit/Loss accounts for the financial year ended 31 Dec 2018.
4)
Exonerate members of the Board of Directors from any liability
relevant to the financial year ended 31 Dec 2018.
5)
Appoint new Auditors for the financial year 2019 and set their
fees.
6)
Renew
the authorization granted to the Board of Directors to handle
real estate properties of the company and its subsidiaries in
all sorts of actions such as purchase, sell, rent, lease,
mortgage and arrange for loans, issue letters of credit and
guarantees required to obtain banking facilities for the
operation of the company and its Subsidiaries to finance future
projects and to conglomerate and re-schedule loans.
7)
Annual Governance Report 2018.
8)
Renew
approvals for joint ventures with sister company Salam Bounian,
to engage in loans with it and issue required letters of credit
and guarantees.
Agenda of the Extraordinary General
Assembly:
-
Amend
the share nominal value from QR 10 to QR 1, and amend Article
no. 8 of the Articles of Association and Article no. 6 of the
Memorandum of Association.
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