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Al Meera
General Assembly Endorses Agenda Items and Postpones EGM to
24/03/2019
March 18, 2019
Al Meera Consumer Goods Company
announced the results of its Ordinary General Assembly meeting
held on Sunday 17/3/2019. The quorum for the Ordinary Assembly
was completed, while the quorum for the Extraordinary General
Assembly was lacking. The following resolutions were taken:
1-
The Assembly heard and approved the
Board of Directors' report on the company's activity and
financial position for the financial year ended 31/12/2018 and
the future plans of the company.
2-
Discussed and approved the annual
budget of the company and the profit and loss account for the
financial year ended 31/12/2018.
3-
Discussed and approved the proposals
of the Board of Directors on the distribution of cash dividends
at (85%) of the nominal value of the share, equivalent to QR 8.5
per share.
4-
Discussed and endorsed the Ninth
Governance Report.
5-
Considered releasing the members of
the Board of Directors from liability for the financial year
ended 31/12/2018 and determining their remuneration.
6-
Appointed the auditor Deloitte &
Touche for the financial year 2019 and determined their fees.
7-
Elected members from the private
sector for the Board of Directors (five members) for a three
year tenure.
The members of the Board of
Directors were elected. Representatives from the Ministry of
Economy and Industry overlooked the screening process, which
yielded the following winning members:
a.
Mohammed Abdullah Ahmed Al Mustafawi
Al Hashemi
b.
Khaled Ibrahim Mohammed Abu Yaqoub
Al Sulaiti
c.
Mohammed Nasser Mohammed Nasser Al
Qahtani
d.
Ahmed Mohammed Ahmed Ali Ibrahim Al
Asmakh
e.
Sheikh Nayef Eid Mohammed Thani
Al-Thani
The two members who represent Qatar
Holding's stake in the Board of Directors of the Company for the
next session will be appointed by Qatar Investment Authority as
follows:
1-
H.E. Mr. Abdullah bin Abdulaziz
Al-Subaie as Chairman
2-
Mr. Ali Hilal Al-Kuwari as a Member
To view the press release
click here
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