Islamic Holding Group AGM
Ratifies Agenda & the EGM Defers
17 March 2020
Islamic Holding Group announced that
its AGM held yesterday, Monday 16 March 2020 has ratified the
items listed on its agenda as follows:
1.
The Directors’
report on the company’s activities and financial position for the year
ended 31 December 2019 together with the company’s future strategy.
2.
The external
auditors report on the company’s accounts for the year ended 31 December
2019.
3.
The company’s
corporate governance report for the year 2019.
4.
The company’s
financial statements for the year ended 31 December 2019 together with
the Board of Directors’ proposal not to distribute dividends on 2019
results.
5.
Discharging the
Board members from their responsibility on the financial year ended 31
December 2019.
6.
The
reappointment of Misters
Rödl
& Partner
as the company’s external auditors for handling the company’s
accounts for the financial year 2020.
However, as a quorum for holding the
extra-ordinary general assembly was not attained, the company decided to
proceed with the alternative meeting scheduled earlier on Wednesday, 18
March 2020 at 5:30 pm the same venue.