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     Invitation to the Annual General Meeting

    Mar 10, 2014 09:00 AM
    The Board of Directors of Gulf Investment Services Holding Co. S.A.O.G. is pleased to invite all shareholders of the Company to attend the Annual  General Meeting (AGM) scheduled to be held at 5:00 pm on Monday, March 31st, 2014 at Haffa House Hotel, Muscat to conduct the following business:
    1.      Review and approval of the Board of Directors Report for the year ended 31st December 2013.
    2.      Review and approval of the Corporate Governance report for the year ended 31st December 2013.
    3.      Review and approval of the Auditors Report and audited Balance Sheet and Profit and Loss Statement for the year ended 31st December 2013.
    4.      To consider and approve payment of cash dividend at the rate of 15% of the nominal value of fully paid up share (15 baize per share)
    5.      To consider and approve the remuneration payable of RO 119,000 to the members of the Board for the year 2013. 
    6.      To ratify the sitting fees paid to the members of the Board and its sub-committees during the year ended 31st December 2013 and approve the sitting fees for the current year 2014.
    7.      To ratify the Related Party Transactions that took place during the financial year ended 31st December 2013.
    8.      To approve payment of donations to charitable organizations up to a maximum amount of RO 25,000 for the year ended 31st December 2014.
    9.      To elect the new board of directors of for a three year period from shareholders and non- shareholders. Those desirous of contesting the election must fill the nomination form for this purpose. The nomination form can be collected from the main office of the Company at Al Ghazal Tower, 7th floor during working hours of the Company. The completed nomination form should be submitted to the office of the Company under acknowledgement, at least 2 days before the date of the AGM i.e. no later than the end of the working hours on Wednesday, 26 March 2014. Nomination forms received after this date shall be rejected. A nominee seeking election to the Board of the Company must hold 10,000 shares of the Company at all times, in accordance with the Articles of Association of the Company.
    10.  To appoint the External Auditors for the financial year ending 31st December 2014 and to specify their fees.
    For further information, please contact Mrs. Najlaa Al Mahrouqi on phone   No. 24790614 Ext. 551 or Mr. Alikutty on Phone No. 24790614 Ext. 507.