10/04/2025
Aamal announces the results of the AGM and EGM. The meeting was held on 09/04/2025 and the following resolution were approved
Summary of Resolutions Passed During Aamal’s Annual Ordinary and Extra-Ordinary General Assembly Meetings Held on 9 April 2025
On Wednesday, 9 April 2025, the ordinary and extra ordinary general assembly meeting of Aamal Company Q.P.S.C. (Aamal) with (Commercial Registration No. 23245) was held at 5:30 pm at JW Marriott Marquis City Center Doha Hotel at Al Sidra Ballroom.
The following is a summary of the resolutions passed by the General Assembly:
Resolutions Passed by Aamal’s Extra-Ordinary General Assembly:
1. The General Assembly approved the amendments proposed on the Articles of Association of Aamal Company Q.P.S.C. in accordance with the provisions of the Corporate Governance Law and the Commercial.
2. The General Assembly approved the proposal to authorize the Chairman of the Board, Sheikh Faisal Qassim Al Thani, to sign the new Articles of Association for the purposes of authenticating them by the relevant authorities, and to approve the Chairman to authorize Company staff to undertake the necessary steps to complete the authentication and registration of the new Articles of Association with the relevant authorities.
Resolutions Passed by Aamal’s Ordinary General Assembly:
1. The General Assembly approved the Chairman’s report on the Company’s activities and the financial position for the financial year ended 31 December 2024, and the Company’s future business plan.
2. The General Assembly approved the External Auditor’s report on the Company’s Consolidated Financial Statements for the financial year ended 31 December 2024.
3. The General Assembly approved the Company’s Consolidated Financial Statements for the financial year ended 31 December 2024.
4. The General Assembly approved the proposal of the Board of Directors to distribute dividends to current shareholders amounting to 6% of the nominal value of each share of the Company that they own (i.e., QR 0.06 per share).
5. The General Assembly approved the Company’s Corporate Governance Report for the year ended 31 December 2024.
6. The General Assembly approved the Company’s Internal Controls over Financial Reporting (ICOFR) Report for the year ended 31 December 2024.
7. The General Assembly approved discharging Members of the Board of Directors from their liability for the year ended 31 December 2024 and decided their remuneration and bonus.
8. The General Assembly approved the new nominees for Aamal company’s Board of directors for the coming three years, the list of the new directors is as follows:
(1) H.E. Sheikh Faisal bin Qassim Faisal Al Thani
(2) H.E. Sheikh Mohammed Faisal Qassim Al Thani
(3) H.E. Sheikh Jabr Abdulrahman Al Thani
(4) H.E. Sheikh Abdullah Hamad Qassim Al Thani
(5) H.E. Sheikha Al Jazi Faisal Qassim Al Thani
(6) H.E. Mr. Kamel Mohammed Al Ajla
(7) H.E. Mr. Yousef bin Rashid Al Khater
(8) H.E. Mr. Ali Hussein Al-Sada
(9) H.E. Sheikh Nasser bin Khalid Ahmed Al Thani.
9. The General Assembly approved appointing KPMG as the Company’s External Auditor for the Financial Year of 2025 and determined their fees.