Voltamp
VOES
0.00%
0.35
0.00
VOES
The Annual Ordinary General Meeting of the Shareholders of Voltamp Energy SAOG was held on March 30, 2015 and the following were approved:
- Board of Directors’ Report for the year ended 31st December 2014.
- Corporate Governance Report for the year ended 31st December 2014.
- Audited financial statements for the financial year ended 31st December, 2014.
- Distribution of cash dividend of 25 baisa per share (representing 25% on nominal value of each share)
- Sitting fees for the Directors and sub committees- RO 25,750 for the year ended 31st December 2014 and fixed the sitting fees for 2015.
- Directors’ remuneration at RO 53,000 for the year ended 31st December 2014.
- Related Party Transactions entered during the year ended 31st December 2014.
- Related party transactions to be entered for the year 2015.
- Contributions made by the Company for is Social Responsibility in 2014
- RO 15,000 for social and charitable contribution during 2015 and authorized the Board of Directors to dispose of the same as it deems fit.
- Appointment of Ernst & Young as Auditors of the Company for the financial year ending 31 December 2015 at a remuneration of RO 12,500.
Source:
Muscat Exchange News