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Qatar Cinema & Film Distribution Co. announces the results of the AGM and EGM. The meeting was held on 01/03/2022 and the following resolution were approved

 

The Ordinary Annual General Meeting

1)     Approval of the statement of Board of Directors on the company’s activities and its financial position for the year ended 31 December 2021 and the company’s future business plans.

2)     Approval of the Auditor’s Report for the audited financials and final account for the year ended 31 December 2021 and approving it .

3)     Approval of the company’s financial statement and income and loss statements of the financial year ended 31/12/2021.

4)     Approval of the recommendation of the Board of Directors for distribution of cash dividends for the year 2021 at the rate of 6% of the nominal value of share capital, representing QR. 0.06 per share.

5)     Approval of the Company Governance Report for the year 2021.

6)     Discharging the Chairman and members of the Board of Directors from any liability for the financial year ended 31 December 2021 . Kindly note that the M/s  chairman and members of the Board of Directors have not received the bonus for the fiscal year 2021 due to their waiver of the bonus

7)     Appointed of  M/s Rodl & Partner as External Auditor for the year 2022

8)     The following members were elected to the Board of Directors’ membership (Uncontested) for the coming three years:

 

(1)             The executive and non-executive members

 

1)     Mr. Ahmad Abdul Rahman Nasir Fakharoo

2)     Mr. Ali Ishaq Hussein Al-Ishaq

3)     Mr. Khalifa Abdulla Hussein Al-Naama

4)     Mr. Saoud Abdulaziz Al-Darweesh

5)     Mr. Nasser Ahmad Abdul Rahman  Fakharoo

 

(2)            The Independent members

1)     Mr. Mohamed Ali J. A. Al-Sulaiti

2)     Mr. Abdulrahman Abdulaziz Al- Darweesh

3)     Mr. Badr  Al- Darweesh

 

Extraordinary General Assembly
The Extraordinary General Assembly approved the amendments to the company’s articles of association by adding some articles , amending and updating some other existing articles in the articles of association to comply with the provisions of act No. (8) for the year 2021, about amending some provisions of the Commercial Companies act No. (11) for the year 2015.

Inma Holding announces the results of the AGM and EGM. The meeting was held on 01/03/2022 and the following resolution were approved

 

1                Endorsed The Board of Directors’ report of the company’s activities, and its financial position for the year ended 31st December 2021 and the future business plan.

2                Approved the report of the External Auditors on the company’s balance sheet and financial statements.

3                Discussed and approved the company’s Corporate Governance Report for 2021.

4                Discussed and approved the balance sheet and profit and loss for the year ended 31 December 2021.

5                Approval of the Board of Directors’ recommendation to distribute cash dividends to shareholders at the rate of 5% of the capital, equivalent to 5 dirhams per share.

6                Released the members of Board of Directors from any liability for financial year ending 31st December 2021

7                Electing the members of the Board of Directors for the next three years, by acclamation, Since the number of candidates is six members, and the number of members of the Board according to the statute is six, and the new members are:

Qatar International Islamic Bank represented by Mr. Mohamed Ibrahim Mohamed Al Sulaiti

Qatar Islamic Insurance Group Company, represented by Mr. Rashid Nasser Rashid Saree Al Kaabi

Tareeq Al – Haq Trading & Services Company represented by Mr. Muhammad Tawfiq Shaker Abu Ghosh

Ain Galout Trading & Services Company represented by  Mr. / Mohamed Abdel Moneim Mohamed El Sayed

Mr. Sari’ Nasser Rashid Sari’ Al Kaabi – Independent

Mr. Hamad Abdullah Sharif Al Emadi – Independent

8             Appointed Russell Bedford as External Auditor for the financial year 2022 and approved their fees by (QR 53,000).

 

After the meeting of the Ordinary Assembly, it was announced that the Extraordinary General Assembly had been postponed due to the lack of the required quorum, for next Monday, 7/3/2022

 

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Qatari Investors Group announces the results of the AGM. The meeting was held on 01/03/2022 and the following resolution were approved

 

Elect the Board of Directors for the coming years (2022-2023-2024) as follows;

– Al Misnad L.L.C, represented by H.E. Abdulla Bin Nasser Al Misnad

– Qatar Trading Agencies, represented by H.E. Sheikh Hamad Bin Faisal Al Thani

– Mr. Rashid Fahad Al Naimi        Independent

– Mr. Dany Mikhael Chrabieh      Independent

-Mr. Nasser Abdulla Al Misnad   Employees’ Representative

 

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Qatar National Cement Co. Extraordinary General Assembly meeting will be held on the reserve date at half past five in the evening of Wednesday, March 02, 2022 via Zoom and will discuss the following agenda:

1) Approval of the amendments contained in the articles of association, in accordance with the provisions of Law No. (8) for the year 2021, amending some provisions of the Commercial Companies Law No. (11) for the year 2015, as indicated by the attached draft amendment.

2) Authorizing Chairman of the Board of Directors to take all necessary measures with the competent authorities, to approve, document and publish the amendment mentioned in the amended articles of association.

Qatar Gas Transport Company Ltd. announces the results of the AGM. The meeting was held on 28/02/2022 and the following resolution were approved

 

1.       Ratified the report of the Board of Directors on the Company’s activities and financial position during the fiscal year ended 31/12/2021 and future plans.

2.       Ratified the External Auditor’s report on the fiscal year ended 31/12/2021.

3.       Ratified the Company’s balance sheet and profit & loss account for the fiscal year ended 31/12/2021.

4.       Adopted the Governance report for the year ended 31/12/2021.

5.        Approved the Board of Directors’ suggestions regarding distribution of cash dividends for the fiscal year ended 31/12/2021 totaling (12%) of the capital, which is equivalent to (12 Qatari Dirhams) per share.

6.       Approved to release and discharge the Board of Directors members from their responsibilities and approved their remuneration for the year 2021.

7.       Approved the appointment of External Auditor (Ernst & Young) for the fiscal year 2022 and determined their fees.

8.       Elected three Members to Nakilat’s Board of Director, two of them are independent and the third from the shareholders.

 

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Qatar National Cement Co. announces the results of the AGM. The meeting was held on 28/02/2022 and the following resolution were approved:

1) Approval of the Board of Directors’ report for the year 2021, and the future plans for the year 2022.

2) Approval of the auditors’ report on the company’s budget for the year ending on 31/12/2021.

3) Approval of the budget and Financial Statements for the fiscal year 2021.

4) Approval of the distribution of 30% of the capital as cash dividends for the year 2021, at the rate of 30 dirhams for each valid share.

5) Approval of the 2021 Governance Report.

6) Approval of the release of the members of the Board of Directors of their responsibility in the year 2021, and to approve their remuneration proposal.

7) Approval of Reappointment of Talal Abu-Ghazaleh & Co., to audit the company’s accounts for the year 2022, in return for a fee of -/ 110,000 (one hundred and ten thousand) riyals.

 

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Vodafone Qatar P.Q.S.C. announces the results of the AGM and EGM. The meeting was held on 28/02/2022 and the following resolution were approved

 

Annual General Assembly:

1-      Approved the Board of Directors’ report of the Company’s activities and its financial position for the financial year ended 31 December 2021;

2-      Approved the External Auditor’s report on the Company’s Accounts for the financial year ended 31 December 2021;

3-      Approved the Company’s Balance Sheet and the Profit and Loss Accounts for the financial year ended 31 December 2021;

4-      Approved the proposal of the Board of Directors regarding the distribution of a cash dividend in the rate of 6% of the share nominal value (QR 0.06 per share) for the financial year ended 31 December 2021;

5-      Discharged the members of the Board of Directors from any liability and approved their remuneration for the financial year ended 31 December 2021;

6-      Approved the External Auditor’s reports in accordance with Article 24 of the Corporate Governance Code for Companies and Legal Entities listed on the Stock Exchange issued by the Qatar Financial Markets Authority Board Decision No.5 of 2016.

7-      Approved the Company’s Corporate Governance Report for the financial year ended 31 December 2021;

8-      Re-appointed KPMG as the External Auditor of the Company for the period from 1 January 2022 to 31 December 2022 and fix their fees.

9-      Elected the 3 Independent Board Members to the Company’s Board of Directors and approved the formation of the new Board of Directors for a term of three years (2022 – 2024) as follows:

Elected Independent Board Members:

1.       H.E. Mr. Abdulla Bin Nasser Al Misnad

2.       H.E. Mr. Akbar Al Baker

3.       H.E. Sheikh Hamad Bin Faisal Thani Jassim Al-Thani

Board Members appointed by Vodafone and Qatar Foundation LLC pursuant to Article 29.1 of Vodafone Qatar’s Articles of Association:

1.        Mr. Rashid Fahad Al-Naimi

2.         H.E. Sheikh Saoud Abdul Rahman Hassan Al-Thani

3.        Mr. Nasser Jaralla Al Marri

4.        Mr. Nasser Hassan Al-Naimi

Extraordinary General Assembly:

1- Approved (subject to obtaining all relevant regulatory approvals) the proposed changes to the Company’s Articles of Association (“AoA”) in accordance with the Law No. (8) of 2021 amending certain provisions of the Qatar Commercial Companies Law No. (11) of 2015.

2- Authorised the Chairman of the Board and/or the Vice Chairman to sign the amended AoA and to complete the required formalities in this regard, subject to obtaining all necessary regulatory approvals, provided that the Chairman of the Board and/or the Vice Chairman shall be entitled to delegate this right to any member of the Board and/ or the CEO of the Company and to allow authorised persons to assign this task to the Company’s employees as they deem appropriate.

 

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Qatar Fuel Co. announces the results of the AGM. The meeting was held on 27/02/2022 and the following resolution were approved

 

1.      Approval of the Board of Directors report on company activities, financial standing for the year 2021, and its future plans.

2.      Approval of the External Auditors Report on WOQOD Group financial statements for the Fiscal period ended 31/12/2021.

3.      Approval of WOQOD Group financial statements and profit and loss account for the year 2021 ended 31/12/2021.

4.      Approval of the distribution of QR. 756 million from net profits realised for the year 2021 representing (0.76) Riyal per share to shareholders by way of dividends.

5.      Approval of the release of the Board of Directors from liability vis-à-vis management actions, and their discharge from any liability or responsibility in relation to the fiscal year ended 31/12/2021 and approval of their remuneration.

6.      Approval of the WOQOD Group Governance Report for the year 2021.

7.      Approval of the appointment of M/S Deloitte as an External Auditor of WOQOD Group for the year 2022 and determining their fees.

 

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Qatar First Bank (QFC) announces that the conference call with the Investors to discuss the financial results for the Annual 2021 will be held on 01/03/2022 at 01:30 PM , Doha Time.

The Baladna has announced that its Board of Directors will be holding a meeting on 07/03/2022 to discuss the

1-       Present and discuss the company’s consolidated audited financial statements for the period ended December 31, 2021.

2-       Present and discuss the Audit Committee’s report regarding the company’s consolidated audited financial statements for the period ended        December 31, 2021

3-       Consider recommending to the General Assembly, the distribution of cash dividends to shareholders based on the financial results for the period ended December 31, 2021.

4-       Present and discuss the company’s Annual Report 2021 including the Corporate Governance report.

5-       Call for an Ordinary and Extraordinary General Assembly meetings and determine their agendas

6-       Any other business

 

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