OREANDA-NEWS. Mannai Corporation has disclosed the results of the Extra-Ordinary Assembly meeting held on Wednesday, 10th February,2016, at Simsima Ballroom, Millennium Hotel, and Doha and passed the following resolutions:

 EGA Resolutions:

  1. Approving the proposal by the Board of Directors to amend Article 26 of the Articles of Association of Mannai Corporation QSC to read as follows after amendment:

Article (26)

Company shall be managed by a Board of Directors of 10 members, to be elected for a term of 3 years. A director may be re-elected more than once. The Procedures of nomination of the Directors shall be formal, strict and transparent. The nomination of the Directors shall take into account, among other things, the ability of the candidates to give a sufficient time to their duties as Directors, in addition to their skills, knowledge, experiences, professional technical and academic qualifications and their personalities. The Board of Directors shall include executive, non-executive and independent directors. 

  1. Approving the proposal by the Board of Directors to add Clause (7) under Article (32) of the Articles of Association of Mannai Corporation QSC to read as follows:
  2. Participation in the meeting of the Board of Directors may be by any of the common secure modern means of telecommunications which enables the participant to listen and effectively participate in the Board activities. The Board of Directors may, if necessary and for urgency requirements, issue certain resolutions by circulation, subject to agreement in writing by all the directors to such resolutions, provided that such resolutions be presented in the consequent Board meeting to be included in the minutes of the meeting.
  3. Authorizing Mr. Khalid Mannai, Director, to take all necessary measures for implementation of the assembly resolutions including the signing of the amended Articles of Association of the Company.