The Board of Directors of Raysut Cement Company (SAOG) is pleased  to invite all the Shareholders of the Company to attend the Annual Ordinary General Meeting , which will  be held at 5.00 PM on Sunday , 29^th March 2015 at Hilton Salalah Al Balid hall to discuss Following Agenda :

1- To review and approve the Board of Directors Report for the financial year ending on 31 December 2014.

2- To review and approve the Corporate Governance Report for the financial year ending on 31 December 2014.

3- To review and adopt the Auditors Report, and the statement of financial position and statement of comprehensive income for the financial year ending 31 December 2014. 

4- To review and approve the Board of Directors recommendation to distribute cash dividends at the rate of 75% of the paid up capital of the company (being 75 Baisa per share).

5- To approve the sitting fees of the Board of Directors and other committees for 2014 and fix the sitting fees for the new financial year ending 31 December 2015.

6- To review and approve the Board of Directors’ remuneration of RO 147,500 for the financial year 2014.

7-To inform the shareholders about the related party transaction for the financial year ending on 31 December 2014.

8- To review and approve the proposed related Party Transaction during the financial year ending 31 December 2015.

9- To inform the shareholders of the donations paid during 2014.

10- To review and approve donations to be paid by Board of Directors at RO. 300,000.during the financial year 2015.

11- To elect new members of the Board of Directors from the shareholders or non-shareholders. Any person willing to nominate himself/ herself for the Board of Directors, may fill out the Nomination Form prepared for this purpose and submit it to the Company at least two working days before the Annual General Meeting i.e. not later than the closing business hours on Tuesday 24 March 2015. Any Nomination Form submitted after this deadline will not be accepted. If the candidate is a shareholder, the candidate is required, in accordance with the company’s article of association, to own two hundred thousand (200,000) shares of the company at the Annual General Meeting date.

12- Appointment of the Auditors for the financial year ending on 31 December 2015 and fix their fees. 

 In accordance with the Articles of Association of the Company, any shareholder may appoint a representative by proxy to vote on his behalf on decisions taken; the proxy must be on a proxy form attached with the invitation. For natural person, copy of identity card of adults must be attached with the proxy form, passport copy for women and minor who are not holding identity card and residence card or passport copy for non-Omani. For legal person, proxy form must be signed by one of the authorized signatories and stamp with company’s seal enclosing copy of commercial registration and copy of specimen signatories.  

Please attend to the meeting venue at least half-an hour before the meeting.

If you have any queries, you may please contact Mr. Tawfiq Abdul Rahman Al Basheer Tel.23381612.

Important Notice:

Raysut Cement Company (SAOG) shall deposit amounts due to the shareholders, which have not been claimed by them after the expiry of six months of the due date with the Investors Trust Fund. Therefore, each shareholder is kindly requested to check with Muscat Clearing and Depository Company  in order to enquire about any amounts, which may be due to him.

Chairman                       External auditor                                Legal Advisor