23-03-2021
Medicare Group announced the results of the General Assembly meeting, the Ordinary General Assembly, which was held on 22/3/2021, where the following was approved:
1. The Assembly listened to the Board of Directors' report on the company's activities and its financial position during the fiscal year ending 12/31/2020; And the future plan and approved it.
2. The Assembly listened to the auditor's report on the company’s budget and on the final accounts for the fiscal year ending 31/12/2020, and a report on the company's commitment to the corporate governance system and legal entities listed in the main market issued by the Qatar Financial Markets Authority, and the report on internal control controls over financial reports and she endorsed it.
3. The General Assembly discussed the balance sheet of the company and the profit and loss account for the financial year ending 31/12/2020 and approved them.
4. The Assembly agreed to the Board of Directors ’recommendation to distribute cash dividends of 28% in cash from the nominal value of the share (i.e., 0.28 Qatari riyals per share).
5. The General Assembly discharged the members of the Board of Directors from the liability for the fiscal year ending 31/12/2020; And their remunerations were adopted.
6. The General Assembly considered the company's corporate governance report for the year 2020; The report was approved.
7. Ernst & Young has been appointed as the auditor of accounts for the fiscal year 2021, and their fees have been determined.
8. The Assembly approved the recommendation of the Board of Directors to allocate an amount of QR 306,842 (three hundred and six thousand eight hundred forty-two Qatari riyals) to be added to the remaining amount of the amount allocated to treat deserving cases and are unable to bear the costs of treatment, which was previously approved by the ordinary general assembly of the company at a sum of one million Qatari riyals.
9. The Assembly elected the members of the Board of Directors for the session (2021-2023), and they are:
His Excellency Sheikh / Khalifa bin Thani bin Abdullah Al Thani, representing the Rub’ al Khali Trading Company.
His Excellency Sheikh / Dr. Khalid bin Thani bin Abdullah Al Thani, representing Wethaq Business Development Company.
His Excellency Sheikh / Mohammed bin Thani bin Abdullah Al Thani, representing Al Manara Investment.
His Excellency Sheikh / Thani bin Abdullah bin Thani Al Thani, representing the Ithmaar Construction and Trade Company.
His Excellency Sheikh / Abdullah bin Khalid bin Thani Al Thani, representing Dar Al Arab for Business and Development.
Mr. Dr. Abdul Basit Ahmad Al Shaibi, representing Al Itqan Trading Company.
- Mr. Jamal Abdullah Al-Jamal - Independent Member.
- Mr. Ali Ibrahim Al-Abd Al-Ghani - independent member.
- Mr. Walid Ahmed Al-Saadi - independent member.