08-04-2021
Qatar Oman Investment Company announced the results of the Ordinary General Assembly meeting held on 07/04/2021, where the following was approved:
Resolutions of the Ordinary General Assembly:
1- At the beginning, the speech of the Chairman of the Board was heard, in which the attendees were welcomed and the company's activities were discussed and the final financial statements ending on December 31, 2020, and the company's future plan in the next phase was mentioned.
2- The report of the external auditor on the company’s budget and the accounts presented by the board of directors was heard, and the decision was taken to approve them.
3- The company's audited budget and profit and loss account for the year ending on 31 December 2020, in which profits amounted to 6,703,292 Qatari riyals, were discussed and approved.
4- The Corporate Governance Report for the year 2020 was discussed and approved, as none of the shareholders made any objections or comments to it.
5- The Assembly issued its decision approving the proposals of the Board of Directors regarding the postponing of profits, in the item of retained earnings, to the next year.
6- The members of the Board of Directors were discharged from liability for the fiscal year ending on December 31, 2020.
7- The offer submitted by Rodel's office was approved and it was appointed as the company's external auditor for the year 2021.
8- Since no one has applied for the membership of the Board of Directors in its new term (2021-2023) other than the current members of the Board of Directors, the current Board has been recommended for membership in the Board of Directors.