10/04/2025
Estithmar Holding Q.P.S.C. announces the results of the AGM. The meeting was held on 09/04/2025 and the following resolution were approved
Referring to the above subject, kindly be informed that the Ordinary General Assembly of Estithmar Holding Company Q.P.S.C. convened on April 9, 2025, to elect eleven members to the Board of Directors of Estithmar Holding Company Q.P.S.C., including four independent members and seven non-independent members. The assembly unanimously ratified and approved, without any objections or reservations, the following:
- The following members were elected unopposed as non-independent members of the Board of Directors for a three-year term (2025-2028), as the number of candidates matched the number of vacant seats for the non-independent member category:
1- Mr. Mohamad Moataz Mohamad Al-Khayyat
2- Mr. Ramez Mohamad Al-Khayyat
3- Mr. Khalid Ghanim Sultan Al Hodaifi Al Kuwari
4- Mr. Hamad Ghanim Sultan Al Hodaifi Al Kuwari
5- Mr. Eyad Ihsan Abdel Rahim Representing Urbacon Trading and Contracting Company
6- Mr. Khaled Zi Alnon
7- Mr. Mohamad Mohamad Sadiq Al- Dawamaneh Representing H-Collective Holding (Highness Holding Company earlier)
- A voting process was held to elect four independent candidates to the Board of Directors for a three-year term (2025-2028), and the four independent candidates who received the highest number of votes were declared winners as follows:
1- Sheikh Suhaim Bin AbdulAziz Al Thani / 1,118,809,770 votes
2- Mr. Abdulla Darwish Al Darwish / 795,212,866 votes
3- Dr. Bothaina Hassan Al Ansari / 656,001,183 votes
4- Mr. Ibrahim Abdulla Ali Al Abdulla / 605,939,000 votes
Mr. Saud Abdullah Ahmed Mohammed Al Ibrahim received 371,509 votes and was considered the alternate member, as he obtained the highest number of votes from the shareholders without winning a seat on the Board of Directors. If a board seat becomes vacant, the alternate member will take the position, and the new member will complete only the remaining term of the predecessor.