• News
    GULF INVEST SERVICES HOLDING

     Resolutions of Annual General Meeting held on 31st March 2013

    Apr 01, 2013 08:52 AM
    The shareholders of the Company resolved the following in the Annual General Meeting (AGM) held on Sunday the 31st of March 2013 at 3.00 PM at Haffa House Hotel, Ruwi, and resolved the following:
     
    1. Approved the Board of Director's Report for the year ended 31st December 2012
    2. Approved the Corporate Governance Report for the year ended 31st December 2012.
    3. Approved the Auditor’s report and the audited Financial Statements for the year ended 31st December 2012.
    4. Approved payment of cash dividend  at the rate of 6% of the nominal value of fully paid up share (6 baize per share)
    5. Ratified the sitting fees that have been paid to the Board and its sub-committees during the year ended 31st December 2012 and determined the sitting fees for the current year 2013.
    6. Approved the Related Party Transactions that took place during the financial year 2012.
    7. Approved donations of RO 25000/- to be paid to support social service during the financial year ending 31/12/2013 and authorized the Board of Directors to pay the same.
    8. Appointed KPMG as External Auditors for the financial year 2013.
    X
    X