THE AGM OF INVESTMENT HOLDING ENDORSES ITEMS ON ITS AGENDA AND POSTPONES ITS EGM TO 29/4/2020
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:
- 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.
- Approved the Financial Statements.
- Approved the 2019 Corporate Governance Report.
- Approved to forgo the dividends distribution for the financial year 2019.
- Discharged the Board of Directors’ members and determined not to distribute remuneration to the members.
- Appointed Rodl and Partner as the Auditors for the financial year ending 31 December 2020.
- Approved to retain the properties’ ownership under the name of a founding member and major shareholder in the Group, until it is sold.
- 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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