Al Meera Consumer Goods Company announce that it’s Extraordinary General Assembly meeting was successfully held on Wednesday 29/05/2024, and following resolutions were discussed and approved:
1. The Extraordinary General Assembly approved increasing the percentage of foreign ownership from 49% to 100% of the company’s capital.

2. The Extraordinary General Assembly approved to amend Article No. (7) of the AOA related to foreign ownership changing the second paragraph to be as follows:

Before amendments:

Non-Qatari nationals may buy company shares, whereby their shareholding shall not exceed 49% of the company shares.

After amendments:

Non-Qatari investors may own shares in the company's capital by purchasing shares at a rate of up to 100%, in accordance with the provisions of the legal texts, laws and regulations in force in the State of Qatar.

3.The Extraordinary General Assembly approved the authorization of the Chairman of the Board of Directors, to sign the Articles of Association and complete all necessary procedures with the competent authorities.

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