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    GULF INVEST SERVICES HOLDING

     Invitation to attend the Annual General Meeting

    Mar 14, 2017 08:37 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 on Tuesday, 28th March 2017 at 3:00 pm at Haffa House Hotel (Salalah Hall) , Muscat to discuss and approve the following agenda items:

     

    1. Review and approval of the Board of Directors Report for the year ended 31st December 2016.

    2. Review and approval of the Corporate Governance report for the year ended 31st December 2016.

    3. Review and approval of the Auditors Report and the audited Balance Sheet and Profit and Loss Statement for the year ended 31st December 2016.

    4. To ratify the sitting fees that has been paid to the Board and its sub-committees during the year ended 31st December 2016 and determine the sitting fees for the current year 2017.

    5. To inform the annual general meeting on the Related Party Transactions that took place during the financial year ended 31st December 2016 (as attached).

    6. To approve contribution of RO 10000/- to be disbursed towards charitable causes pursuant to Corporate Social Responsibility of the Company during the financial year ending 31/12/2017 as appropriate.

    7. To elect the new Board of Directors 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 during the working hours of the Company. The completed nomination form should be submitted to the office of the Company under acknowledgement, at least 2 working days before the date of the AGM i.e. No later than the end of the working hours on 23rd March 2017. 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.

    8. To appoint the External Auditors for the financial year ending 31st December 2017 and to specify their fees.

    9. To approve the performance criteria of Board of Directors (as attached).

    10. The appointment of an independent authority to measure the performance of Board of Directors for the year ending 31/12/2017 and determine their fees.

       

    In accordance with the Company’s Articles of Association, each  shareholder is entitled to give a written proxy to another person to attend the meeting and vote on his/her behalf. The authorization should be in the authorization form issued by Muscat Clearing and Depository Company (S.A.O.C) attached with the invitation.  As regard to the natural adult person, a copy of his ID should be attached along with the authorization form and copy of the passport for ladies and minors who are not holding the ID cards and copy of resident card and passport copy in respect of expatriates. As regard to the juristic person, his authorization should be signed by one of the authorized signatories and to be stamped with company seal attaching with copy of commercial registration certificate and copy of specimen signature form. Shareholders are requested to be at the meeting hall at least half an hour before the time fixed for the meeting.

     

    For further information, please contract Mr. Alikutty on ophone 22350704.

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