Author: dlalabrok_adm

Ooredoo Q.P.S.C. announces that Ooredoo International Finance Limited (OIFL), 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’ interest payments on 8 April 2022 and 19 April 2022.

Below is the announcement in full:

————————————————————————-

U.S. $1,000,000,000 @ 2.625 per cent. Guaranteed Notes due 8 April 2031

(ISIN Code: 144 A- US74735KAA07, Reg S –  XS2311299957)

(the “Notes”)

Issued by Ooredoo International Finance Limited (the “Issuer”)

The Issuer a wholly owned subsidiary of Ooredoo 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. $13,125,000 on the Interest Payment Date falling due on 8 April 2022.

————————————————————————-

U.S. $750,000,000 @ 5.00 per cent. Guaranteed Notes due 19 October 2025

(ISIN Code: 144 A- US74733LAE20, Reg S – XS0551307100)

(the “Notes”)

Issued by Ooredoo International Finance Limited (the “Issuer”)

The Issuer a wholly owned subsidiary of Ooredoo 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. $18,750,000 on the Interest Payment Date falling due on 19 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.

This Notice is given by Ooredoo International Finance Limited.

 

Click here to download attachment

United Development Co. announces the results of the AGM and EGM. The meeting was held on 09/03/2022 and the following resolution were approved

 

The Board of Directors’ report on the Company’s performance, future plans and its financial position for the fiscal year ending December 31, 2021.
The Auditor’s report, the Company’s balance sheet, and the loss and profit accounts, for the fiscal year ending December 31, 2021.
The Company’s balance sheet, and the loss and profit accounts, for the fiscal year ending December 31, 2021.
The Board of Directors’ recommendation regarding the distribution of QR 194,747 million as dividends, equivalent to 5.5 % of the initial value of QR 5.5 for each share.
Discharge the members of the Board of Directors from liability for the year ending December 31, 2021 and approve their remuneration.
Approve Corporate Governance Report for the year 2021.
Appointment of  Ernest & Young as External Auditor for the fiscal year 2022 and determining their fees.
Board of Directors Elections for the years 2022, 2023, 2024.

 

In regards to AGM Agenda item No (8) please note that (3) seats were allocated to the General Retirement & Social Insurance Authority Retirement as per Article No (99) in Company Law No (11) for the year 2015 and its amendments in law No (8) for the year 2021.

As for the rest of the seats the below names were elected as Board Members.

Mr. Ali Hussein Alfardan
Shaikh. Faisal bin Fahad Al-Thni
Mr. Ibrahim Jassim Al-Othman
Mr. Abdullaziz Mohammed Al -Mana
Mr.Abdulrahman Saad AlShathri
Mr. Hassan Abdulla Al-Hammadi
As for the UDC EGM Results, kindly note that the EGM Approved / Endorsed Amending the company’s Article of Association to Comply with Company Law Amendments mentioned in Law No (8) for the year 2021 and approved Delegating to the Chairman the Authority to Approve it.

 

Click here to download attachment

 

 

QE Index

Doha Bank and Qatar Navigation will join the QE Index. They replace United Development and Vodafone.

QE Al Rayan Islamic Index

Qatar Navigation will join QE Al Rayan Islamic Index, while Al Khaleej Takaful Group and Qatar Islamic Insurance will be removed from the Index.

QE All Share Index & Sectors

No changes in the constituents of QE All Share Index and QE Sectors Indices.

Alkhaleej Takaful Insurance Company would like to inform you that the annual Ordinary & Extraordinary AGM will be held at the Westin Hotel – Seven Floor – Royal Avenue Hall – on the same date and time instead of the previous location at the Company premises.

 

Click here to download attachment

INMA HOLDING Company :

INMA HOLDING Company announces the appointment  of Mr. Rashid Sarea Al Kaabi as Chairman of the Board of Directors and Mr. Mohammed Ibrahim Mohammed Abu Yaqoub Al Sulaiti as Vice Chairman for the Board of Directors of INMA Holding Company.

 

Click here to download attachment

Qatar General Insurance & Reinsurance Company announces the investors conference call for the Annual Financial Results for the year 2021, will be held on Thursday 10 March 2022 at 11:00 AM, Doha time.

 

Click here to download attachment

The Zad Holding Co. has announced that its Board of Directors will be holding a meeting on 23/03/2022 to discuss the

1- Review and Approve the company financial reports for the year ended 31 December 2021.

2- Discuss and Recommend the dividends distribution for the year 2021.

3- Any other matters related to the company.

Investment Holding Group announces that the conference call with the Investors to discuss the financial results for the Annual 2021 will be held on 09/03/2022 at 01:30 PM , Doha Time.

Qatari German Co. for Medical Devices announces that the conference call with the Investors to discuss the financial results for the Annual 2021 will be held on 20/03/2022 at 01:30 PM , Doha Time.

 

Click here to download attachment

Ooredoo announces the results of the AGM and EGM. The meeting was held on 08/03/2022 and the following resolution were approved

 

·       Hearing and approving the Board’s report for the year ended 31 December 2021 and discussing the company’s future business plans.

·       Discussing the Corporate Governance Report for the year 2021.

·       Hearing the External Auditor’s report for the year ended 31 December 2021.

·       Discussing and approving the company’s financial statements for the year ended 31 December 2021.

·       Discussing and approving the Compliance report of the QFMA Corporate Governance and Internal Control over Financials Reporting report for the year ended 31 December 2021.

·       Discussing and approving the Board of Directors’ recommendations regarding the distribution of dividends for the year 2021.

·       Discharging the members of the Board from liabilities and determining their remuneration for the year ended 31 December 2021.

·       Appointing the external auditor for the year 2022 and determining its fee.

 

The following points were approved in the Extra Ordinary Meeting:

·       Approval of the amendments of the Company’s Articles of Association to comply with commercial companies law no. (11) for 2015 and its amendments by law no. (8) for 2021, and authorize the Chairman of the Board to do so. The following are the articles that will be amended: article 1, article 5, article 21, article 22, article 23, article 29, article 32, article 37, article 41, article 45, article 51 and article 55.

 

·       Addition of the following article to the Articles of Association:

 

Article (36): It is not permissible for the Chairman and members of the higher executive management to take part in any business that may compete with the company, or trade for his own interest or for the interest of others in any activity that is practiced by the company, unless an approval to do that is obtained from the general assembly, otherwise the company may claim compensation from him, or consider that the deeds conducted were done for the company’s account

 

Click here to download attachment