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Aamal AGM Approves 4% Dividends Distribution and Ratifies
Agenda
01 April 2020
The shareholders of Aamal Company, in their AGM meeting held
yesterday has ratified all the items listed on the meeting 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
auditor report on the company’s accounts for the year ended 31 December
2019.
3.
The company’s
financial statements for the year ended 31 December 2019.
4.
The Board
proposal on the distribution of QAR 0.04 (4% of the share par value)
cash dividends to the shareholders on 2019 profits.
5.
The corporate
governance report for the financial year 2019.
6.
The Executive
Management report on the internal audit controls for the preparation of
the company’s financial reports for the year ended 31 December 2019.
7.
Discharging the
Directors form their liability on the 2019 accounts.
8.
The appointment
of Misters PricewaterhouseCoopers as the company’s external auditor to
handle 2020 accounts and specifying their wages.