Meeting Date/Time

Tuesday, April 10, 2018 - 05:00 PM

Type of Meeting

General Assembly

Net Profit/Loss

51 Million AED

Cash Dividend

Bonus Share

New Issuance

Shares Split

Capital Deduction

Announcements/Resolutions

1 – It was resolved to approve the Board of Directors’ Report concerning the Company’s activities and financial position for the year ending 31 December 2017

2 – It was resolved to approve the Auditors’ Report for the year ending 31 December 2017.

3 – It was resolved to approve the Fatwa and Sharia Supervisory Board Report for the year 2017

4 – It was resolved to approve the Balance Sheet and Profit and Loss Account of the Company for the year ending 31 December 2017.

5 - It was resolved to pay remuneration to the Board of Directors .

6- It was resolved to approve the appointment of the Fatwa and Sharia Supervisory Board for the year 2018:

- Dr Mohamed Abdel Hakim Mohamed Zoeir

- Dr Muhammad Qassem

- Sheikh Moosa Tariq Khoory

7– It is resolved to absolve the Board of Directors from liability for the year ending 31 December 2017.

8 – It is resolved to absolve the Auditors from liability for the year ending 31 December 2017.

9 – It was resolved to appoint of M/s Ernst & Young as external auditors of the Company’s financial statements for the financial year 2018 and to approve their fees.

10- It was resolved to elect the new Board of Directors for theupcoming cycle which consists of :

-  Ali Ibrahim Mohamed 

- Farooq Mahmood Arjomand

- Essamuddin Hussain Galadari

- Khalid Salim Alhalyan

- Hesham Abdulla Al Qassim 

-   Ahmad Hamdan Bin Dalmook

-  Arif Abdulla Alharmi Al Bastaki

Last Entitlement Date

Ex-Dividend Date

Registry Closing (Settlement) Date

Dividends Payment Date

Payment Entity

Meeting Venue

The Palace Hotel Downtown Dubai