OREANDA-NEWS. Qatari Investors Group disclosed that a lawsuit was filed by Ezdan Holding Group and its subsidiaries against the Qatari Investors Group: 

  1. The case submitted by Ayn Jalot Company for Trading bearing the number 003380 for the year 2015 submitted in the first instance civil court dated 03/11/2015 against Qatari Investors Group, requesting the cancellation of item number 2 agreed upon by the Extra General Assembly (EGM) and which has resulted in the transfer of the ownership of the shares under the companies owned by Al Misnad Holding to Al Misnad Holding. The session will be decided in a later stage.                                                                                                                                           
  1. The case submitted by Al–Eklim Property Brokerage Company bearing the number 003439 for the year 2015 dated 07/11/2015 against Qatari Investors Group, requesting the cancellation of the attendance procedure necessary for holding the EGM. The session will be held in 28/01/2016.                                                                                                                                                                
  1. The case submitted by Manazil Company for Trading bearing the number 003359 for the year 2015 submitted in the first instance civil court dated 01/11/2015 against Qatari Investors Group, requesting the cancellation of Al-Misnad Holding possession of shares in Qatari Investors Group according to the EGM of the year 2015.The session will be advised in a later stage.                                                                                                
  1. The case submitted by Al-Itqan Company for Trading bearing the number 003358 for the year 2015 submitted in the first instance civil court dated 01/11/2015 against Qatari Investors Group, requesting the cancellation of the procedure which led to the ownership of Al-Misnad Holding of shares within Qatari Investors Group through providing material shares.The session will be held in 26/01/2016.                                                                                                                                                                  
  2. The case submitted by Ethmar Company for Trading & Construction bearing the number 003420 for the year 2015 submitted in the first instance civil court dated 07/11/2015 against Qatari Investors Group, requesting the cancellation of the attendance procedure followed within the AGM & EGM of Qatari Investors Group. The session will be held in 16/02/2016. 
  1. The case submitted by Al-Taybin Company for Trading & Al-Rub Al-Khali Company for Trading & Al-kura Al-Zahabiya Company for Trading bearing the number 003346 for the year 2015 submitted in the first instance civil court dated 29/10/2015 against Qatari Investors Group, requesting the cancellation of the procedures of amalgamation of Qatari Investors Group (OPC) in Qatari Investors Group (QSC). The session will be held in a date to be set later on.                                                                                                                                                                 
  2. The case submitted by Al-Manara Company for Medical Equipment bearing the  number 003440 for the year 2015 submitted in the first instance civil court dated 05/11/2015 against Qatari Investors Group, claiming the quorum necessary to hold the AGM & EGM wasn’t met. The session will be determined in a later stage.     

 A case has been submitted by Qatari Investors Group bearing the number 003 981 for the year 2015 submitted in First Instance Civil Court  dated 10.12.2015 against Ezdan Group Holding and its subsidiaries in order to nullify the ownership of Ezdan Holding  and its subsidiaries of the proportion of 20.01% of shares in  Qatari Investors Group which came in contradiction with the content of QIG’s AOA.  Ezdan Holding Group was declared to this case and a session is set to be held on 2/2/2016 to re-declare the defendants shares.