Doha – Mubasher: Islamic Holding Group’s shareholders approved the amendment to the company’s articles of association (AoA) by adding a new article that allows non-Qatari Investors to own maximum 49% of the company’s shares.  

The ordinary general meeting (OGM) elected two new board members were elected to complete the Board period till end of 2018.

The extraordinary general meeting (EGM), shareholders agreed to amend article no. (29) of the AoA, in which the third paragraph concerning terms and conditions of board membership will be adjusted to change the condition that the shareholder must own 10,000 shares instead of 20,000 previously, according to a bourse filing.

Approve the amendment to the AoA of the company in accordance to the Qatar Commercial Companies Law No. 11 of 2015 and as per the guiding template issued by the ministry of economy and commerce.