Doha Bank QPSC, as founder, and Aventicum Capital Management (Qatar), the fund manager of the QE Index ETF (the “Fund”) today announces a cash distribution of QAR0.387 per unit. Unitholders of record of the QETF, at the close of business 06 April 2022, will receive a cash distribution payable on 10 April 2022.
Investment Holding Group announces the results of the AGM. The meeting was held on 31/03/2022 and the following resolution were approved
1. Approved the Board of Directors’ report about the Company’s activity, financial position during the year ended 31 December 2021, and the Auditor’s report.
2. Approved the Financial Statements.
3. Approved the 2021 Corporate Governance Report.
4. Approved to forgo the dividends distribution for the financial year 2021.
5. Discharged the Board of Directors’ members and determined not to distribute remuneration to the members.
6. Appointed Russell Bedford & Partners as the Auditors for the financial year ending 31 December 2022 and determined their remuneration to be 330.000 QAR.
(48 companies listed) on Qatar Stock Exchange disclosed their annual financial results for the year ended December 31, 2021, as the net profits for that period amounted to QR 43.28 Billion compared to QR 30.68 Billion for the same period last year 2020, the mount shows increase with 41%.
It is worth noting that all financial data of the listed companies are available on the website of the Qatar Stock Exchange.
Qatar Stock Exchange would like to thank all listed companies for their efforts in enhancing the disclosure and transparency principles.
Qatar Electricity & Water Co. discloses its financial statement for the period ending 31st March 2022 on 17/04/2022.
Ezdan Holding Group Q.P.S.C. announces that Ezdan Sukuk Limited, its wholly owned subsidiary, pursuant to the Terms and Conditions of the Notes and the Final Terms, will pay its Global Medium-Term Note (GMTN) holders’ the principal and Profit payment on 05 April 2022.
Below is the announcement in full:
U.S. $500,000,000 @ 4.875 per cent. Guaranteed Notes due 5 April 2022 (Reference – ISIN XS1590806508)
(the “Notes”)
Issued by Ezdan Sukuk Limited (the “Issuer”)
The Issuer a wholly owned subsidiary of Ezdan Holding Group Q.P.S.C hereby gives notice that pursuant to the Terms and Conditions of the Notes and the Final Terms, it will pay Noteholders U.S. $500,000,000.00 towards Principal and U.S. $12,190,000.00 towards profit on the Final Payment Date falling due on 5 April 2022.
Terms defined in this Notice shall have the meaning given to them in the Terms and Conditions of the Notes and the Final Terms.
Ezdan Holding Group announces the results of its Board of Directors’ meeting held on 30/03/2022 and approved
1- Approval of the financial statements for the year ended on December 31, 2021 and rendering the recommendation to the Assembly General Meeting for approval.
2- The Board of Directors recommended to the AGM no dividends distribution for the financial year ended on December 31, 2021.
3- Submitting a recommendation to the AGM regarding the settlement of amounts due to SAK Holding Group in the developed real estate projects via partnership scheme in compliance with the decision of the AGM issued on 20/11/2013, by selecting the best valuations prepared by the approved valuation offices.
4- Submitting a recommendation to the Extraordinary and Ordinary General Assembly meetings to approve increasing the percentage of non-Qatari ownership in the Group’s share capital to 100% after obtaining all the necessary approvals from the competent authorities and completing obtaining the approval from the Cabinet in accordance with the provisions of Article (7) of Law no. (1) of 2019 On Regulating Non-Qatari Capital Investment in the Economic Activity.
5- Submitting a recommendation to the Extraordinary and Ordinary General Assembly meetings to approve the proposed amendments and additions to the articles of association of Ezdan Holding Group to comply with Law No. (8) of 2021 amending some provisions of the Commercial Companies Law promulgated by Law No. (11) of 2015 and Corporate Governance System No. (5) of 2016 (you can review Amendments to the Group’s website https://www.ezdanholding.qa)
6- Delegating the Chairman / or the Vice Chairman and / or whomever the Board delegates to sign the amended Articles of Association of the Group and complete the necessary procedures in this regard.
7- Inviting the Ordinary General Assembly Meeting and the Extraordinary General Assembly Meeting of the Group to convene and approve their agendas.
Qatar Stock Exchange announces that the review results for all Qatar Stock Exchange indices will be effective from April 3, 2022.
On the occasion of the Holy Month of Ramadan, the Qatar Stock Exchange (QSE) announces that the official working hours of the Stock Exchange during .Ramadan will be from 9:00 AM until 2:00 PM
The trading period will remain unchanged from 09:30 AM to 13:15, preceded by the pre-opening period from 09:00 to 09:30.
The QSE management takes this opportunity to express to you the best wishes of a blessed Ramadan.
Qatar Central Securities Depository has deposited the bonus shares of Mekdam Holding Group, the new total shares is (68,000,000). The bonus shares will be available for trading starting from Thursday 31/03/2022
Ezdan Holding Group discloses the interim financial statement for the twelve-month period ending 31st December , 2021 . The financial statements revealed a Net Profit of QR 61,066,000 in comparison to Net Profit QR 347,983,000 for the same period of the previous year.
The Earnings per share(EPS) amounted to QR 0.0023 as of 31st December , 2021 versus Earnings per share(EPS) QR 0.013 for the same period in 2020.
The company’s board of directors decided not distribute any profits for the fiscal year 2021 .
