General Meeting
The General Meeting is the company's highest authority.
Once every year shareholders are invited to the Annual General Meeting (AGM) to approve last year’s accounts and vote on other resolutions, such as dividends.
The Ordinary General Assembly meeting was held at 4 pm on Wednesday, 28th of March, 2012 at Dubai Knowledge Village Conference Centre, Auditorium, to consider the following agenda:
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| Board of Directors’ report for the fiscal year ending December 31, 2011. | Approved
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| Auditor's report for the fiscal year ending December 31, 2011. | Approved
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| Company’s financial statements along with the
profit and loss account for the fiscal year ending December 31, 2011. | Approved
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| Proposals of the Board of Directors regarding the distribution of cash dividends at 15 fils per share for the fiscal year ending December 31, 201. | Approved
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| Discharging the members of the Board of Directors and the Auditors from their liabilities for the fiscal year ending December 31, 2011. | Approved
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| Board of Directors Remuneration. | Approved
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Appointing the Auditors fro the fiscal year 2012 and determining their remuneration.
| Approved
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| Election of the members of the Board of Directors. Nominees are: | Approved
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General Meeting from 2011 and previous years