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Qatar Aluminum Manufacturing: The AGM and EGM Endorses items on it’s agenda

Qatar Aluminum Manufacturing announces the results of the AGM and EGM. The meeting was held on 02/03/2022 and the following resolution were approved

 

The agenda of the Ordinary General Assembly Meeting is:

1.     Listened to the Chairman’s Message for the financial year ended 31 December 2021.

2.     Approved the Board of Directors’ Report on QAMCO’s operations and financial performance for the financial year ended 31 December 2021 and the future plan of the Company.

3.     Approved the Auditor’s Report on QAMCO’s financial statements for the financial year ended 31 December 2021.

4.     Approved of QAMCO’s financial statements for the financial year ended 31 December 2021.

5.     Approved the 2021 Corporate Governance Report.

6.     Approved the Board’s recommendation for a dividend payment of QR 0.08 per share for 2021, representing 8% of the nominal share value.

7.     Absolved the Board of Directors from liability for the financial year ended 31 December 2021 and fixed their remuneration.

8.     Appointment of PricewaterhouseCoopers as the external auditor for the financial year ending 31 December 2022 and approved their fees.

The agenda of the Extraordinary General Assembly Meeting is:

1.  The Extraordinary General Assembly (EGM) has approved the proposed amendments to the Company’s Articles of Association. These amendments ensure compliance with certain provisions of both Law no. 11 of 2015, promulgating the Commercial Companies Law as amended by Law no. 8 of 2021, and QFMA Governance Code. The EGM has also approved an amendment to increase the non-Qatari ownership limit in the Company’s share capital from 49% to 100%, ensuring that all relevant requirements are fully met.

 

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Qatar National Cement Co. :The EGM Endorses items on it’s agenda

Qatar National Cement Co. announces the results of the AGM. The meeting was held on 02/03/2022 and the following resolutions were approved:

1) Approval of a draft amendment to the company’s articles of association, in accordance with the provisions of Law No. (8) of 2021, amending some provisions of Commercial Companies Law No. (11) of 2015.

2) Approval of authorizing His Excellency Mr. / Chairman of the Board of Directors, to take all necessary measures with the competent authorities, to approve and document the amendment mentioned in the amended articles of association.

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ADDING THE BONUS SHARES OF AHLI BANK

Qatar Central Securities Depository has deposited the bonus shares of Ahli Bank, the new capital is (2,551,146,170) QR and the new total shares is (2,551,146,170). The bonus shares will be available for trading starting from  Thursday 03/03/2022

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DLALA BROKERAGE AND INVESTMENT HOLDING CO. : DISCLOSE THE ANNUAL FINANCIAL STATEMENT OF 2021

Dlala Brokerage and Investment Holding Co. discloses the interim financial statement for the twelve-month period ending 31st December , 2021 . The financial statements revealed a Net Profit of QR 8,130,000 in comparison to Net Profit QR 6,570,000 for the same period of the previous year.

The Earnings per share(EPS) amounted to QR 0.030 as of 31st December , 2021 versus Earnings per share(EPS) QR 0.024 for the same period in 2020.

The board recommended to retain the earning.

 

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Dlala Brokerage and Investment Holding Co.: Holds it’s AGM and EGM on 11/04/2022 for 2022

Dlala Brokerage and Investment Holding Co. announces that the General Assembly Meeting AGM and EGM will be held on 11/04/2022, zoom and 09:30 PM. In case of not completing the legal quorum, the second meeting will be held on 18/04/2022, zoom and 09:30 PM

 

1.         Hearing the report of the Board of Directors on the company’s activities and its financial position during the fiscal year ending on 31/12/2021 and the company’s future plan and approving them.

2.         Hearing and approving the report of the company auditors for the financial year ending on 31/12/2021.

3.         Discussing and approving the company’s balance sheet and profit and loss account for the fiscal year ending 12/31/2021.

4.         Approval of the proposal of the Board of Directors to retain the earning.

5.         Consider discharging the members of the Board of Directors from liability for the financial year ending 12/31/2021.

6.         To discuss and endorse the Board of Directors’ report on Corporate Governance for the year 2021.

7.         Appointing the External Auditor for the financial year 2022 and determining their audit fees.

The Agenda of Extra Ordinary General Meeting (EGM)

1.    Approving of the proposed amendments to the company Articles of Association according to the amendments made in the Commercial Law No. (8) for the year 2021.

2.         Approving to change the names of the incorporators (Education and Health Fund & Qatar Foundation for Education, science, and society development) in the article of association to be Qatar Investment Authority to have two permanent seats in the board of directors after getting the related approval from governmental authorities.

3.         Approving to reduce the company’s capital by 32.5%, to be after the reduction would be 191,808,000 Qatari riyals

4.         Authorizing the Chairman to individually obtain the necessary approvals from the competent authorities and make any modification to the Article of Association that might be required from any authorities and ratifying the authorization

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Doha Bank: Holds it’s AGM and EGM on 23/03/2022 for 2021

Doha Bank announces that the General Assembly Meeting AGM and EGM will be held on 23/03/2022, Doha Bank Tower – Al Dafna (Via Zoom Application) and 04:30 PM. In case of not completing the legal quorum, the second meeting will be held on 29/03/2022, Doha Bank Tower – Al Dafna (Via Zoom Application) and 04:30 PM

 

Ordinary General Meeting’s Agenda:

1. Hearing the report of the Board of Directors on the Bank’s activities and its financial position for the financial year ended on 31/12/2021 and discussing the Bank’s future plan.

2. To discuss and endorse the Board of Directors’ report on Corporate Governance for the year 2021.

3. Hearing the External Auditors’ report on the balance sheet and the accounts presented by the Board of Directors for the financial year ended on 31/12/2021 and also hearing their reports on Internal Control over Financial Reporting and Compliance with Qatar Financial Markets Authority governance code for listed companies.

4. To discuss and endorse the balance sheet and the profit & loss account for the financial year ended on 31/12/2021 and the Board of Directors’ recommendation to distribute cash dividends to shareholders for QR (0.075) per share.

5.  Discharging the Board of Directors from the responsibility for the year 2021 and determining their remuneration.

6.  Appointing the External Auditor for the financial year 2022 and determining their audit fees.

Extra Ordinary General Meeting’s Agenda:

1.  Approval of the proposed amendments to the Bank’s Articles of Association according to the amendments made in the Commercial Law No. (8) for the year 2021.

2.  Authorizing the Chairman and/or the Vice Chairman and/or the Managing Director to individually obtain the necessary approvals from the competent authorities, and make any modification to the Article of Association that might be required from any authorities and ratifying the authorization.

Note: Please visit the bank’s website (www.dohabank.com.qa) to view the proposed amendments to the Articles of Association in detail. Those who would like to receive a hardcopy of the same, you may get a copy by visiting the bank’s HO premises (Legal Department, 24th Floor, Doha Bank Tower, Dafna, Doha, Qatar).