14/04/2025
Al Mahhar Holding announces the results of the AGM. The meeting was held on 13/04/2025 and the following resolution were approved
1. Approval of the Board of Directors report on the company's activities and financial position for the fiscal year ending December 31, 2024.
2. Approval of the auditor’s report regarding the company's financial statements for the fiscal year ending December 31, 2024.
3. Approval of the company’s audited financial statements for the fiscal year ending December 31, 2024.
4. Approval of the Board’s recommendation to distribute cash dividends to shareholders at a rate of 12% for the year 2024 from the nominal value of the share, equivalent to 0.12 Qatari Riyal per share.
5. Approval of releasing the members of the Board of Directors from liability for the year ended 31 December 2024 and approval of their remuneration of QR. 1,065,813/.
6. Approving the company's corporate governance report for the year 2024.
7. Approval of the renewal of the company’s auditor Ernst & Young for the financial year ending 31 December 2025 and approve their fees of QR. 380,800/-.