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Baladna to Hold Extra-Ordinary General Assembly on 7
April 2020
15 March
2020
Baladna announced that it will hold an extra-ordinary general
assembly on 07 April 2020 at 06:30 pm demanding the shareholders to
discuss and resolve on the following:
Ø
The amendment of the company’s articles of association ‘QPJSC’ to
enable the company disburse interim dividends by adding the following
article:
“Based on a
resolution by the Company’s Board of Directors, the Company may
distribute interim dividends to the shareholders owning shares on the
maturity date. Provided, the Board resolution determines the maturity
date in line with the regulations and controls applicable by the
authority and the financial market as to whether the dividends
distribution has reasonable justification”.