Dlala Brokerage Held AGM, Endorsed Its Agenda Items and Postponed EGM

April 03, 2019

Dlala Brokerage & Investment Holding held its Ordinary General Assembly meeting on Tuesday 02/04/2019 and postponed the Extraordinary General Assembly meeting to Tuesday 09/04/2019, due to incomplete quorum.

The Ordinary General Assembly Endorsed all items listed on its agenda and issued the following resolutions:

1.      The Assembly heard and approved the Board of Directors’ report on the activities of the company, its financial status for the fiscal year ended on 31 December 2018, and future plans.

2.      Approved the External Auditors’ report on the balance sheet and Income Statement of the company for the fiscal year ended on 31 December 2018.

3.      Approved the balance sheet and income statement for Dlala Holding for the fiscal year ended on 31 December 2018.

4.      Absolved the Chairman and Members of the Board of Directors from all responsibilities for the fiscal year ended on 31 December 2018.

5.      Presented Corporate Governance Report for 2018.

6.      Appointed Ernst & Young as External Auditors for the fiscal year 2019 and approve their fees.