PALESTINE TELECOMMUNICATIONS(PALTEL) held its Extra ordinary General Assembly meeting on 14/04/2020.
| Meeting Content | Meeting Decision |
| Company Symbol | PALTEL |
| Currency | JD |
| ISIN Number | PS5002111951 |
| Meeting Date | 13/04/2020 |
| Meeting Day | Tuesday |
| Meeting Time | 14:00 |
| GAM Type | Extra Ordinary |
| Meeting Location | Company HQ in Ramallah and Gaza |
| Fiscal Year | 2019 |
| Meeting Invetation Party | Board Member |
| Meeting adjourned Time | 14:30 |
| Meeting Chairman | Arab Supply and Trading Co. ASTRA/Ammar AbdelMonam Fouzi Aker |
| Meeting Recorder | Khalil Saafeen |
| PEX Representative | - |
| PCMA Representative | Barraq Nabulsi |
| Controller/Registrar (or his representative)v | Tareq Masri |
| Number of attending shareholders in person | 62 |
| Number of shareholders who represented by proxy | 19 |
| Number of shares represented in the meeting in person | 85610344 |
| Number of shares represented in the meeting by proxy | 6462082 |
| Total Number of shares presented in the meeting (in person and by proxy) | 92072426 |
| لإhe ratio for the shares presented to the company total No. of shares% | 70 |
| Last Updated Date of Agenda | 06/04/2020 10:26:46 AM |
Agenda
1. Hold an Extraordinary General Assembly meeting on 14/04/2020 to add a clause to the company’s bylaws regarding the authorities of the board in regard of borrowings and guarantees.
| Decision |
Approved to add a clause to the company’s bylaws regarding the authorities of the board in regard of borrowings and guarantees as follows: "For explanatory reasons, and regardless any other clause in the company’s bylaws, the procedures with banks including borrowing and related contracts and guaranteeing others are within the board of directors authorities and delegations assigned". |
Board Attendance
| Sabih Taher Darwish Masri | Chairman of the Board | Absent |
| Aswaq for investment portfolios/Basem Mohammad Mustafa Abdelhalim | Board Member | Absent |
| Arab Supply and Trading Co. ASTRA/Ammar AbdelMonam Fouzi Aker | Board Member | Personally Attended |
| Palestine Development &Investment Co.Ltd/Sameer Othman Mahmoud Hlilh | Board Member | Absent |
| GMS Holdings/Ghayath Muner Reda Sukhtian | Board Member | Absent |
| Palestine Development &Investment Co.Ltd/Sharhabil Yousef Saad Eldin Al-Zaeem | Board Member | Attended Through Video Conference |
| Birzeit Pharmaceutical Co/Talal Kathem Abdellah Naser Eldin | Board Member | Absent |
| Al-Maseera International Company/Zahi Wadih Khoury | Board Member | Absent |
| Palestine Development &Investment Co.Ltd/Laith Muneb Rashid Al-Masri | Board Member | Absent |
| Cairo Amman Bank/Yazid Mufti | Board Member | Absent |
| Arab Bank Company/Basel Fayez Musa AbdelNabi | Board Member | Absent |
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