PALESTINE DEVELOPMENT & INVESTMENT(PADICO) held its Board of Directors meeting on 25/01/2023.
Meeting Status :
Meeting hold
| Meeting Content | Meeting Decision |
| Company Symbol | PADICO |
| Currency | USD |
| ISIN Number | PS4002112937 |
| Meeting Date | 25/01/2023 |
| Meeting Day | Wednesday |
| Meeting Time | 11:00 |
| Meeting Location | PADICO Office - Rawabi |
| Meeting adjourned Time | 13:00 |
| Meeting Chairman | BASHAR FAIQ ASAD MASRI |
| Meeting Recorder | HANADI KHATEEB |
| Is there Material Disclosures on the Agenda? | Yes |
| Company Financial Statements | Yes |
| Last Updated Date of Agenda | 15/01/2023 11:53:00 AM |
Agenda
Agenda
- Approval of the last meeting’s minutes.
- Chairman’s speech.
- Executive Management’s report.
- Initial financial data of FY22.
- Audit Committee’s report.
- Schedule the General Assembly’s meeting and approve its Agenda.
- Other topics.
| Decision |
1-The meeting minutes of the last session were approved. 2- Attendees heard the Chairman’s speech. 3- Executive Management’s report was presented. 4- Initial financial data for 2022 were discussed and approved. 5- Audit Committee’s report was reviewed. 6- Next General Assembly meeting (the 28) was assigned to be on 8/5/2023 |
Board Attendance
| BASHAR FAIQ ASAD MASRI | Chairman of the Board | Personally Attended |
| Sabih Taher Darwish Masri | Board Member | Personally Attended |
| Palestine Telecommunications Company/Mahdi Hosni Abdallah Saifi | Board Member | apologized |
| Al Nowat Investments Management/Nidal Munir Rida Sukhtian | Board Member | Attended Through Video Conference |
| Ammar AbdelMonam Fouzi Aker | Board Member | Personally Attended |
| Hisham Zafer Taher Masri | Board Member | Personally Attended |
| Cairo Amman Bank/Yazid Adnan Mostafa Mufti | Board Member | Personally Attended |
| Arab Bank PLC/Jamal Sodqi Sadeq Hurani | Board Member | Personally Attended |
| Dina Munib Rashid Masri | Board Member | Personally Attended |
| Massar International | Board Member | Personally Attended |
| Al-Maseera International Company/Khaled Walid Haider Anabtawi | Board Member | Personally Attended |
| Palestine Technology Transfer Co./Dr. Yahya Yousef Idris Al-Salqan | Board Member | Personally Attended |
None Board Attendance
| Hanadi Khateeb | General Secretary |
| Amjad Hassoun | Chief Financial Officer |
| Nimer Abdul Wahed | Director, Real Estate Sector |
| Mohammed Najjar | Director of the Infrastructure and Energy Sector |
| Jehad Zamari | Internal audit consultant |
| Mohammad Sawafta | G.M -Nakheel Palestine for Agricultural investment |
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