16.12.2014, 09:41
THE EGM OF EZDAN HOLDING ENDORSES ITEMS ON ITS AGENDA
OREANDA-NEWS. Ezdan Holding Group announces the results of the extraordinary General Assembly meeting, which was held on Monday, 15th December:-
1. Amendment of Article (7) of the Statute to read as follows:
Article (7) before the amendment
The company''''s capital has been determined at an amount of (QR 26,524,966,910) Twenty-six billion five hundred and twenty-four million nine hundred and sixty-six thousand nine hundred and ten distributed on (2,652,496,991 shares) two billion, six hundred and fifty-two million four hundred and ninety six thousand nine hundred and one and ninety shares, the nominal value of the stock (QR 10) distributed to shareholders after the capital increase.
Article (7) after adjustment
a. The company''''s capital has been determined at an amount of (QR 26,524,966,910) Twenty-six billion five hundred and twenty-four million nine hundred and sixty-six thousand nine hundred and ten distributed on (2,652,496,991 shares) two billion, six hundred and fifty-two million four hundred and ninety six thousand nine hundred and one and ninety shares, the nominal value of the stock (QR 10) distributed to shareholders after the capital increase.
b. Non-Qatari Investors may own no more than (49%) of the company''''s capital.
2. Authorize the Board to complete the necessary procedures.
1. Amendment of Article (7) of the Statute to read as follows:
Article (7) before the amendment
The company''''s capital has been determined at an amount of (QR 26,524,966,910) Twenty-six billion five hundred and twenty-four million nine hundred and sixty-six thousand nine hundred and ten distributed on (2,652,496,991 shares) two billion, six hundred and fifty-two million four hundred and ninety six thousand nine hundred and one and ninety shares, the nominal value of the stock (QR 10) distributed to shareholders after the capital increase.
Article (7) after adjustment
a. The company''''s capital has been determined at an amount of (QR 26,524,966,910) Twenty-six billion five hundred and twenty-four million nine hundred and sixty-six thousand nine hundred and ten distributed on (2,652,496,991 shares) two billion, six hundred and fifty-two million four hundred and ninety six thousand nine hundred and one and ninety shares, the nominal value of the stock (QR 10) distributed to shareholders after the capital increase.
b. Non-Qatari Investors may own no more than (49%) of the company''''s capital.
2. Authorize the Board to complete the necessary procedures.
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