AMAT
Invitation to the Ordinary Annual General Assembly Meeting
The board of directors of Al-Madina Insurance Co. (SAOG) has the pleasure to invite our valued shareholders to attend the ordinary general assembly meeting of the company scheduled to be held at 03:00 PM on Tuesday 24/03/2015 in Hormuz Grand Hotel – Muscat to discuss the following agenda:
| 1st Item |
To study the Board of Directors' Report for the financial year ending on 31 December 2014 AD and to approve the same. |
| 2nd Item |
To study the Company's Organization and Governance Report for the financial year ending on 31 December 2014 AD and to approve the same. |
| 3rd Item |
To study the Auditor's Report, approve the Balance Sheet; in addition to the Profits and Losses Account for the year ending on 31 December 2014 AD. |
| 4th Item |
To study and approve the Shari’a Supervisory Board’s report for the year ending on 31 December 2014. |
| 5th Item |
To ratify the allowance of attending the board of directors' sessions and the emanating sessions received by the board members for the previous fiscal year 2014 AD and to determine the value of allowance for the current fiscal year 2015 AD. |
| 6th Item |
To ratify the allowance of attending the Shari’a Supervisory Board sessions received by the board members for the previous fiscal year 2014 AD and to determine the value of allowance for the current fiscal year 2015 AD. |
| 7th Item |
To notify the assembly with the amount of Zakat which is (RO 0.00135) per share. The said amount shall be directly paid by the shareholders. |
| 8th Item |
To notify the assembly with the transactions made by the company with the respective parties during the financial year ending on 31 December 2014 AD. |
| 9th Item |
To appoint an auditor for the fiscal year ending on 31 December 2014 and to determine their fees. |
| 10th Item |
Voting for a new Board of Directors for the company by shareholders and non-shareholders. For those willing to be nominated for board membership, a nomination form shall be completed no later than Thursday 19 March 2015. Any forms submitted after this date will not be accepted. If the nominee is a shareholder then, as per the company’s articles of association, he shall own not less than 100,000 shares at the date of holding the assembly. |
According to the company's articles of association, any shareholder is entitled to authorize any other person, in written, to attend the meeting and to vote on the resolution taken on his/her behalf; provided that such authorization is made on the authorization card issued by Muscat Clearing and Depository Co. attached with the invitation letter. For natural persons, a copy of the ID card of the adult person and a copy of the passport for the female and minor shareholders who do not carry an ID card should be attached with the authorization card. For the non-Omani shareholders, a copy of a residence card or a passport should be attached with the authorization card. As for legal persons, the authorization card should be signed by an authorized signatory and stamped by the company's stamp. The commercial registration certificate of the company at the Secretariat of Commercial Register and the authorized signatories form should be attached with the authorization card.
Please also kindly attend to the venue of the meeting one hour before the fixed time at least.
In case of any inquiries, please kindly call Mr. Hilal Al Rashdi on phone no.: 22033731
