07-12-2021
Al Faleh Educational Holding Company announced the results of the Ordinary General Assembly that was held on 05/12/2021, where the following were approved:
1. Hearing The speech of the Chairman of the Board of Directors regarding the fiscal year ending on 31 August, 2021.
2. Approval of The Board of Directors' report on the company's activity and financial performance for the fiscal year ending on 31 August, 2021 and the company's future.
3. Approval of the company's auditor's report regarding the company's consolidated financial statements for the fiscal year ending on 31 August, 2021.
4. Approval of the company's consolidated financial statements for the fiscal year ending on August 31, 2021.
5. Approval of the proposal of the Board of Directors to distribute cash dividends to shareholders of 0.01 Qatari riyals per share for the fiscal year ending on 31 August, 2021.
6. The members of the company’s board of directors have been discharged of liability for their actions during the fiscal year ending on 31 August, 2021.
7. Approval of the corporate governance report for the fiscal year ending on 31 August, 2021.
8. Appointment of KPMG as the company's auditors for the fiscal year ending on August 31, 2022, and their fees were determined.
9. Election of the following candidates by acclamation to occupy (2) seats for a period of (3) years:
1- Mr. Rajesh Manu (Independent).
2- Mrs. Aisha Mohammed Hamad Abdullah Al-Nasr (Independent).
Al-Faleh Educational Holding Company also announced the results of the extraordinary general assembly that was held on 05/12/2021, where the following were approved:
1- Amendments to the Statute were discussed and approved in accordance with the proposals of the Sharia advisor, reconciling the status of the Statute, and making any amendments that might be available in accordance with Law No. (8) of 2021. After reading the required amendments to the shareholders, the extraordinary general assembly approved all the proposals.
2- The Extraordinary General Assembly approved authorizing the Chairman of the Board of Directors, Dr. Aisha bint Faleh Al-Thani, to sign the amended statute and to make any amendments to the statute that it may deem necessary in this regard. He has the right to take all the procedures and sign all the documents or requests in order to obtain all the necessary approvals from the Corporate Affairs Department of the Ministry of Commerce and Industry and the Qatar Financial Markets Authority and any other department. The Chairman of the Board of Directors has the right to authorize other persons to take the necessary steps to complete the approval of the amended articles of association and its registration with the competent authorities.