Aamal Holding Company announced the results of the Board of Directors meeting held on 07/03/2023, where it was approved that on Tuesday corresponding to 7 March 2023, the Ordinary General Assembly Meeting of Aamal Company Q.P.S.C. (Commercial Registration No. 23245) at 5:30 at the Marriott Marquis City Center Doha Hotel, in The Den Hall.
Summary of the decisions of the Ordinary General Assembly:
1. The General Assembly approved the report of the Chairman of the Board of Directors on the company's activities and financial position for the fiscal year ending on December 31, 2022, and the company's future plan.
2. The General Assembly approved the report of the external auditor on the company's consolidated financial statements for the fiscal year ending on December 31, 2022.
3. The General Assembly approved the company's consolidated financial statements for the fiscal year ending on December 31, 2022.
4. The General Assembly approved the proposal of the Board of Directors to distribute cash dividends of 5% 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 0.05 Qatari riyals per share).
5. The General Assembly approved the corporate governance report for the year ending on December 31, 2022.
6. The General Assembly approved the executive management report on the internal control system over the preparation of the company's financial reports for the year ending on December 31, 2022.
7. The General Assembly approved absolving the members of the Board of Directors from liability for the year ending on December 31, 2022, and the Assembly approved not to distribute bonuses to the members of the Board of Directors for the year, in compliance with the laws of the Authority and the Ministry of Commerce and Industry.
8. The General Assembly approved the appointment of KPMG as an external auditor for the fiscal year 2023, and his fees were determined.