24-03-2021
Mesaieed Petrochemical Holding Company announced that the Ordinary General Assembly meeting of the shareholders of Mesaieed Petrochemical Holding Company was held electronically on Wednesday, March 24, 2021, using Zoom application. The following agenda items were approved:
The agenda of the Ordinary General Assembly meeting:
1. The speech of the Chairman of the Board of Directors was heard regarding the fiscal year ending on December 31, 2020.
2. The Board of Directors' report on the company's activities and the financial performance for the fiscal year ending on December 31, 2020, and the company's future plan were approved.
3. The company's auditor’s report regarding the company's financial statements for the fiscal year ending on December 31, 2020 was approved.
4. The company's financial statements for the fiscal year ending on December 31, 2020 were approved.
5. The Corporate Governance Report for the year 2020 was approved.
6. The proposal of the Board of Directors regarding the distribution of cash dividends to shareholders for the year 2020 was approved at the rate of 0.04 Qatari riyals per share, representing 4% of the nominal value of the share.
7. The members of the Company’s Board of Directors were discharged of liability for their actions during the fiscal year ending on December 31, 2020.
8. PricewaterhouseCoopers has been appointed as the auditors of the company’s accounts for the fiscal year ending December 31, 2021, and their remuneration determined.