Aamal: The AGM and EGM Endorses items on it’s agenda

Aamal announces the results of the AGM and EGM. The meeting was held on 28/03/2022 and the following resolution were approved

 

Aamal Q.P.S.C. (Commercial Registry No. 23245) held its Annual Extraordinary and Ordinary General Assembly meetings on Monday 28 March 2022, at 4:30pm over the internet using Zoom application.

The following is a summary of the resolutions passed by the General Assembly:

Resolutions Passed by Aamal’s Extraordinary Ordinary General Assembly:

1.      The General Assembly approved the amendments on the Articles of Association.

2.      The General Assembly approved to authorize the Chairman of the Board of Directors to sign the new articles of association of the company before the notary public and any other government agencies entrusted with approving the new Articles.

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 2021, and the Company’s future business plan.

2.      The General Assembly approved the External Auditor’s report on the Company’s statement of financial position and profit and loss statement for the financial year ended 31 December 2021.

3.      The General Assembly approved the Company’s statement of financial position and profit and loss statement for the financial year ended 31 December 2021.

4.      The General Assembly approved the proposed dividends by the Board of Directors to at a sum of 5% of the nominal value of each share (QR 0.05 per share).

5.      The General Assembly approved the Company’s Corporate Governance Report for the year ended 31 December 2021

6.      The General Assembly approved the Company’s Internal Controls over Financial Reporting (ICOFR) Report for the year ended 31 December 2021.

7.      The General Assembly approved discharging Members of the Board of Directors from their liability for the year ended 31 December 2021.

8.      The shareholders elected the new members of the Board of Directors, as their membership period began from the period between the end of the work of this Ordinary General Assembly on March 28, 2022 until the date of the General Assembly for the fiscal year ending on December 31, 2024, and they are:

1.      His Excellency Sheikh Faisal bin Qassim Faisal Al Thani

2.      His Excellency Sheikh Mohammed Faisal Qassem Al Thani

3.      His Excellency Sheikh Jaber Abdul Rahman Al Thani

4.      His Excellency Sheikh Abdullah Hamad Qassim Al Thani

5.      Her Excellency Sheikha Al-Jazi Faisal Qassem Al-Thani

6.      Mr. Kamel Mohammed Al-Ejla

7.      His Excellency Sheikh Faisal Fahad Jassim Al Thani

8.      His Excellency Mr. Yousef bin Rashid Al Khater

9.      His Excellency Mr. Ali Hussein Al-Sadah

9.      The General Assembly approved appointing KPMG as the Company’s External Auditor for the Financial Year of 2022 and determined their fees.