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THE AGM OF INVESTMENT HOLDING ENDORSES ITEMS ON ITS AGENDA AND POSTPONES ITS EGM TO 29/4/2020

Estithmar Holding IGRD -0.52% 1.91 -0.01

Investment Holding announces the results of the Ordinary General Assembly meeting held virtually, through a conference call, on Monday 27 April 2020, the following decisions:

  1. Approved the Board of Directors’ report about the Company’s activity, financial position during the year ended 31 December 2019, and the auditor’s report.
  2. Approved the Financial Statements.
  3. Approved the 2019 Corporate Governance Report.
  4. Approved to forgo the dividends distribution for the financial year 2019.
  5. Discharged the Board of Directors’ members and determined not to distribute remuneration to the members.
  6. Appointed Rodl and Partner as the Auditors for the financial year ending 31 December 2020.
  7. Approved to retain the properties’ ownership under the name of a founding member and major shareholder in the Group, until it is sold.
  8. Adjourned the Extraordinary General Assembly meeting to amend the Company’s Articles of Association, till Wednesday, 29 April 2020, due to the lack of quorum.

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