OREANDA-NEWS. Mazaya Qatar Real Estate Development Company announces the results of the Ordinary General Assembly Meetings held on Tuesday, March 1, 2016, as follows:

Item 1: Hearing the Board of Director’s & the Chairman’s Report on the activities of the company and its financial position for the financial year ending December 31, 2015 as well as to discuss the company’s future plans.

Item 2: Hearing the Sharia’a Supervisory Board report.

Item 3: Hearing & Approving the auditors’ report for the year ending December 31, 2015.

Item 4:   Discussing & Approving the company’s balance sheet and profit & loss statement for the year ending December 31, 2015.

Item 5: Approving the proposal of the Board of Directors’ to distribute bonus shares of 5% i.e. 5 shares for each 100 shares.

Item 6: Absolving the members of the Board Directors of any liability for the financial year ending December 31, 2015, and approve their remunerations for the year.

Item 7: Discussing & Approving the company’s Governance Report for the year ending December 31, 2015.

Item 8: Appointing the Auditors for the 2016 financial year, and fix their fees.

The Extra Ordinary General Assembly meeting for Mazaya Qatar Real Estate Development was not held on Tuesday, March 1, 2016 at 4:30 pm in Hilton Hotel, Nashira 1 ballroom. , for the non-availability of the required quorum. The next meeting will be held on Tuesday, March 08, 2016 at the same time and venue.