The AGM and EGM of Qatar Oman Investment endorses items on its agenda and approves the distribution of 5% cash dividend and 5% bonus shares

22-03-2011

 

The Qatar Oman Investment Company  announces the results of the AGM and EGM held Monday ,21/3/2011 has previewed the below items:

 

Decision of the Ordinary General Assembly  :

 

1-At the beginning the Chairman delivered his speech, by welcoming the attendees and explained the activities of the company addition the final financial statements ending 31December2010 . He was also explain the company future plan

 

2- The External Auditor explained the budget of the company and the accounts which presented to them by the Board of Directors and approved it .

 

 3- Discussion of the audited  the financial statement   and profit and loss statement for the year ended December 31, 2009 , the profit reached QR 13,528,546 and approve it .

 

4- The General Assembly approve the Board  recommendation to distribute of 5% cash dividends which representing 50 Dirhams per share in addition to distribution 5% Bonus share which representing 1.5 million shares and presented to the non – ordinary Assembly meeting for increase the capital