The General Assembly of Aamal approved the distribution of 4% cash dividends and the items on the agenda

31-03-2021


Aamal Company held the ordinary general assembly meeting, after the quorum was completed on Tuesday, March 30, 2021, through visual communication technology.
His Excellency Sheikh Faisal bin Qasim Al Thani, Chairman of the Board of Directors, welcomed the attendees, saying: “In the name of God, the Most Gracious, the Most Merciful, dear guests.
Let me welcome you to the ordinary general assembly meeting of Aamal company.
The year 2020 is considered an exceptional year due to the Corona pandemic and its consequences, but I am happy to say that in light of these unprecedented challenges that the whole world witnessed, not just Qatar, I am proud of the positive developments that Aamal has been able to achieve at all levels, the most important of which is ensuring the public safety of our employees and all stakeholders. Plus, how beautifully the company responds to new business requirements. Our diversified business model again this year demonstrated its flexibility and value, as the company achieved revenue growth despite the circumstances.
The results of Aamal Company are evidence of the resilience and strength of the economy of our beloved country, Qatar, so I would like to take this opportunity to thank our wise government under the leadership of His Highness Sheikh Tamim bin Hamad, Emir of the State of Qatar, may God protect him, for her inspiring leadership during this The pandemic and its continuous support to help us overcome the negative effects of the pandemic and provide the best care for citizens and residents.
We were able to overcome a difficult period, but we are looking to the future with hope. I would like to thank the members of the Board and the Executive Management for their guidance and efforts in managing the company and enabling it to achieve growth during the year 2021.
  Thank you for your support and trust in us, and may God’s peace, mercy and blessings be upon you.”
Then the assembly proceeded to discuss the agenda items for the regular general assembly meeting as follows:
First item: Hearing the report of the Chairman of the Board of Directors on the company's activity and its financial position for the fiscal year ending on December 31, 2020, approving it, and discussing the company's future plan.
The General Assembly approved the report of the Chairman of the Board of Directors on the company's activities and its financial position for the fiscal year ending on December 31, 2020, and the company's future plan.
Second item: the report of the external auditor on the general budget and profit and loss account of the company for the fiscal year ending on December 31, 2020, and its approval.
The General Assembly approved the report of the external auditor on the general budget and profit and loss account of the company for the fiscal year ending on December 31, 2020.
Third item: Discussing and voting on the general budget and profit and loss account of the company for the fiscal year ending on December 31, 2020.
The General Assembly approved the general budget and profit and loss account of the company for the fiscal year ending on December 31, 2020.
Fourth item: Discussing and voting on the proposal of the Board of Directors to distribute cash dividends of 4% of the nominal value of the company's share to the shareholders who own the company's shares on the date of the ordinary general assembly meeting (at a rate of 0.04 Qatari riyals per share) and approve it.
The General Assembly approved the proposal of the Board of Directors to distribute cash dividends of 4% of the nominal value of the company's share to the shareholders who own the company's shares on the date of the ordinary general assembly meeting (at the rate of 0.04 Qatari riyals per share).
Fifth item: Discussing and voting on the company's corporate governance report for the year ending on December 31, 2020, and approving it.
The General Assembly approved the Corporate Governance Report for the year ending December 31, 2020.

Sixth item: Discussing and voting on the report on the system of internal control controls over the preparation of the company's financial reports for the year ending on December 31, 2020, and approving it.
The General Assembly approved the report on the system of internal control regerding the preparation of the company's financial reports for the year ending December 31, 2020.
Seventh item: Discharging the members of the Board of Directors from liability for the year ending December 31, 2020.
The General Assembly approved the discharge of the members of the Board of Directors from responsibility for the year ending 31 December 2020.
Eighth item: Appointing the external auditor for the year 2020 and determining his fees.
The General Assembly approved the appointment of PricewaterhouseCoopers as the external auditor of accounts for the fiscal year 2021, and their fees have been determined.
 


More News