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EZDAN HOLDING GROUP : DISCLOSE THE ANNUAL FINANCIAL STATEMENT OF 2021

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 .

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Salam International holds its Extraordinary General Assembly and approves the amendments to the Company’s Articles of Association

Salam International Investment Limited (SIIL) held its Extraordinary general meeting (EGM) on Tuesday, 29th March 2022, with a valid quorum. The EGM approved the amendments made to the Articles of Association of the Company, in order to comply with the amendments to the Commercial Companies Law No. 11 of 2015, issued under Law No. 8 of 2021.

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Medicare Group Co.: The EGM Endorses items on it’s agenda

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

 

1.     The EGM approved the amendment of some articles of the company’s Articles of Association in accordance with the Law No. (8) of 2021 amending Law No. (11) of 2015 regarding the Commercial Companies Law, in addition to amending some other articles and replacing some of the phrases contained in some articles of the Articles of Association.

2.   The EGM approved the Board of Directors’ recommendation to amend the second paragraph of Article (7) of the company’s Articles of Association to increase the percentage of non-Qatari investors’ ownership from 49% to 100% of the company’s capital, after obtaining the necessary approvals from the competent authorities in accordance with the relevant laws.

3.   The EGM approved the Board of Directors’ recommendation to amend Article (2) of the company’s Articles of Association by adding some objects.

4.     The EGM Authorized the Chairman and Vice-Chairman of the Board of Directors to sign (one of them solo) the amended Articles of Association of the company before the competent authorities, take all necessary actions in order to implement the decisions of the Extraordinary General Meeting and publish the amendments in the Gazette.

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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.

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Dlala Holding Company Postpones the date of the ordinary and extraordinary general assembly meeting

Dlala Brokerage and Investment Holding Company will postpone the date of the Ordinary and Extraordinary General Assembly so that it will be on Wednesday, corresponding to 20/04/2022, by default via the Internet via the (Zoom) platform at exactly nine thirty in the evening, Doha time. On  27/4/ 2022, via the Zoom platform, on the same date.

We would also like to inform you that item No. (3) of the agenda of the Extraordinary General Assembly has been amended, related to the proposal to reduce the company’s capital by 33%, or 93,772,800, so that the proposed capital after the reduction is 190,387,200, instead of 32,5%, or 92,352,000 So that the company’s proposed capital is 191,808,000 and the amendment of Article (6) of the company’s articles of association accordingly.

attached is a copy of the modified invitation

 

Click here to download attachment

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Qatar Electricity and Water Company’s Joint venture, Nebras Power, signs agreement to build and operate large-scale CCGT power project in Uzbekistan

Qatar Electricity and Water Company’s Joint venture, Nebras Power, signs agreement to build and operate large-scale CCGT power project in Uzbekistan.

Power plant will be one of the country’s largest upon completion

(Doha, Qatar— March 29, 2022):  Nebras Power Investment Management B.V. (NPIM), a wholly owned subsidiary of Nebras Power QPSC, has successfully entered into a long-term Power Purchase Agreement (PPA) in Uzbekistan to construct and operate the Syrdarya II Combined Cycle Gas Thermal (CCGT) power plant in the central region of the country.

The power purchase agreement was formalized at the 2022 Tashkent International Investment Forum with Uzbek government officials and members of Nebras Power’s senior management team in attendance for the signing ceremony.

Remarking on the announcement of Nebras entering into a long-term power agreement in a vibrant new market, Nebras Power’s Chairman Mohammed Nasser Al-Hajri said: “Our overarching goal has always been to broaden and enrich our global asset portfolio. With our expansion into Uzbekistan, we have not only again effectively advanced this mission, but we are additionally endowing communities and cities throughout the country with access to a dedicated and clean source of energy.”

Nebras’s CEO Khalid Mohammed Jolo also expressed his excitement on the company becoming a major energy player in the Central Asian country: “We are proud to be awarded with this opportunity to develop and manage a large-scale power project in Uzbekistan. Moreover, Nebras promises to deliver significant technical and project expertise to support and strengthen the country’s power industry.”

 

For their inaugural foray into Uzbekistan, Nebras Power partnered with an international consortium of power companies, including French company EDF (Électricité de France) and Japanese-based Sojitz Corporation and Kyuden Group. The alliance submitted the winning tender to build and manage the 1600 MW power facility in the region of Syrdarya, which is located approximately 150 km south of the capital city of Tashkent.

Syrdarya II is contracted to provide power to the National Power Grid of Uzbekistan as part of a 25-year off-take agreement. It will be one of the nation’s largest power generating facilities upon completion and will be instrumental in helping the country meet its growing energy demands from both industry and residential sectors.

Enersok, a newly formed project company, will be tasked with carrying out construction and management of Syrdarya II. As part of the sales purchase agreement, Nebras will control 33.3% of Enersok, while the remaining shares will be divided amongst EDF, Sojitz and Kyuden.

The building of Syrdarya II will follow international guidelines on sustainability and conservation. Operations and maintenance will also adhere to stringent industry and environmental emission standards and protocols.  The project has not yet broken ground, but construction is expected to begin by the end of this year and completion is projected by end of 2025 or early 2026.

 

About Nebras Power QPSC

Nebras Power Q.P.S.C. (“Nebras”) headquartered in Doha, State of Qatar, is a joint venture of Qatar Electricity and Water Company (“QEWC”) (60%) and Qatar Holding (“QH”) (40%). Nebras is a strategic investor in the power and water sectors with a global vision. Its target is a well-balanced investment portfolio in terms of technology mix, markets and greenfield development vs M&A. Nebras is committed to providing safe, sustainable, efficient and environmentally sound energy solutions for future generations.  www.nebras-power.com

About Nebras Power Investment Management BV 

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Investment Holding Group Q.P.S.C announces the closure of nominations of four Independent members and seven Non-Independent members in its Board of Directors and the list of candidates.

Investment Holding Group Q.P.S.C announces the closure of the nomination period for four Independent members and seven Non-Independent members of the company’s Board of Directors for a term of three (3) years (2022-2025), on Wednesday 23rd of March 2022 at 2:00pm.

Accordingly, and based on the decision of the Board of Directors of Investment Holding Group Q.P.S.C. with reference number 69/2022, dated March 23, 2022, which accepted the candidacy of the thirteen candidates mentioned below, kindly find attached herewith the list of candidates for Independent and Non-Independent membership in the Board of Directors of Investment Holding Group Q.P.S.C., in accordance with article #5 of the Corporate Governance Code for Companies and Legal Entities Listed on the Main Market issued by Qatar Financial Markets Authority (QFMA) pursuant to Resolution No. 5 of 2016.

The list of names and data of candidates for Independent membership in the Board of Directors of Investment Holding Group Q.P.S.C. is as follows:

Sheikh Suhaim Bin AbdulAziz Al Thani

Mr. Ibrahim Abdulla Al-Abdulla

Mr. Abdulla Darwish Al Darwish

Dr. Bothaina Al Ansari

Mr. Mohammed Abdullah Mohammed Al Jumah

The list of names and data of candidates for Non- Independent membership in the Board of Directors of Investment Holding Group Q.P.S.C. is as follows:

Mr. Mohamad Moataz Mohamad Al-Khayat

Mr. Ramez Mohamad Al-Khayat

Mr. Khalid Ghanim Sultan Al Hodaifi Al Kuwari

Mr. Hamad Ghanim Sultan Al Hodaifi Al Kuwari

Mr. Mohamed Ghanim Sultan Al Hodaifi Al Kuwari

Mr. Hamad Hassan Al Jamali

Urbacon Trading and Contracting Company (CR No. 50788) –Represented by the candidate to represent the company in the membership of the Board of Directors, Mr. Iyad Ihsan Abdel Rahim

Highness Holding Company (CR No. 84643) Represented by the candidate to represent the company in the membership of the Board of Directors, Mr. Mohamad Mohamad Sadiq Al-Dawamaneh
Kindly note that the voting will be on the basis of secret ballot and cumulative voting, in accordance with article #29 of the company’s articles of association, article #35 of the Corporate Governance Code No. 5 of 2016 and article #96 of the Commercial Companies Law.