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Invitation for the AGM
Mar 08, 2015 - 09:09AM Company : AL SHARQIA INVESTMENT HOLDING

The Board of Directors of A’Sharqiya Investment Holding Co. SAOG invites all Shareholders to attend the Annual General Meeting, which will be held on Sunday 29 March 2015 at 5:00 P.M. at at CMA business Hall  to discuss the following agenda:

  1. To consider and approve the report of the Board of Directors for the financial year ended    31st   December 2014.
  2. To consider and approve the Report on Corporate Governance for the financial year ended 31st December 2014.
  3. To consider the Auditors’ report and approve the Balance Sheet and Profit and Loss Account for the year ended 31st December 2014.
  4. To consider and approve the proposed cash dividend distribution of 5% of the paid up Capital (at the rate of 5 baisas per share).
  5. To consider and approve the  proposed  distribute bonus shares of 4.022% (4,022 share for every 100 shares).Accordingly the paid up capital will incresse from 86520000 shares to 90000000 shares
  6. To approve the sitting fees being availed by the members of the Board of Directors and members of the Board’s sub-committees for the financial year 2014 and to specify the sitting fees for the next financial year (as per attachment).
  7. To bring to the attention of the Shareholders the transactions entered into with related parties during the financial year 2014 (as per attachment).
  8. Approve the recommendation of the Board of Directors to allocate RO 10,000 to community services for the financial year 2015.
  9. To appoint auditors for the year ending 31st December 2015 and approve their fees.

In accordance with the Articles of Association of the Company, any Shareholder may authorize, in writing, any person to attend the meeting and vote on his behalf, provided that the authorization is executed on the Proxy Form issued by Muscat Clearing and Depository (SAOC) attached to the meeting notice. If the proxy is issued by a natural person, a copy of such person ID card in case of adults, copy of the passport in case of women and minors who do not have ID cards and copy of resident card or passport in case of non-Omani must be attached to the Proxy Form. If the proxy is issued by a juristic person the Proxy Form must be sealed by the company’s seal, signed by one of the company’s authorized signatories and copies of the company’s Certificate of Commercial Registration and Authorized Signatories Form must be attached to the Proxy Form.

 

The Shareholders and their Proxies are requested to be present at the meeting hall, at least half an hour prior to the commencement of the meeting for registration.

 For further information please contact Mr. Badir Al-Khaduri   on phone No (00968- 566160)

 Note: The Public Joint Stock Companies deposit the unclaimed dividends of the investors with the Investors Trust Fund, after the lapse of six months of the date of eligibility. Shareholders are requsted to refer to Muscat Clearing and Depository (SAOC) for any inquiries about any dues accruing to them.

 

     Chairman                                           Auditors                                                           Legal Advisor