GULFNAV – Resolutions of General Assembly
Meeting Date/Time |
Tuesday, April 24, 2018 - 03:00 PM |
Type of Meeting |
General Assembly |
Net Profit/Loss |
40,730,000.00 AED |
Cash Dividend |
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Bonus Share |
New Issuance |
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Shares Split |
Capital Deduction |
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Announcements/Resolutions |
Resolutions of General Assembly: |
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1) Approve and ratify the report of the Board of Directors on the Company’s activities and its financial position for the year ended on 31 December 2017. |
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2) Approve and ratify the External Auditors' report for the year ended on 31 December 2017. |
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3) Approve and ratify the sharia report “Dar Al Sharia” for the year ended on 31 December 2017. |
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4) Approve and ratify the balance sheet and profit & loss statements for the year ended on 31 December 2017. |
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5) Approve discharging the Board of Directors of the liability for their action for the year ended 31 December 2017. |
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6) Approve discharging the Company’s Auditors of the liability for their actions for the year ended 31 December 2017. |
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7) Approve appointing EY as the auditors of the Company for the financial year ended 31 December 2018 and determining its remuneration. |
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8) Approve appointing Mr. Abdul Nasser Al Manaai, Mr. Mian Mohamad Nazir and Mr. Fadel Rahim Abdul Rahim as a Sharia Advisors of the Company. |
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9) Ratify appointment of Mr. Abdulrahman Mahmoud Abdulrahman Al Afeefi as a Board Director to fill the vacant position for the remaining term of the board. |
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10) Ratify and approve the personal in respect of the board remuneration of the total value AED 600,000 for the year ended 31 December 2017. |
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11) As per BoD proposal shareholders agreed not to issue senior and unsecured Sukuk with a total value up to USD 250 million by public offering, redeemable within five years at profit rate less than 10%. |
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Last Entitlement Date |
Ex-Dividend Date |
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Registry Closing (Settlement) Date |
Dividends Payment Date |
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Payment Entity |
Meeting Venue |
Novotel Hotel Sheikh Zayed road, Al Barsha 1, Dubai |
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