Resolutions Of The Ordinary General Assembly Meeting of Arab International Hotels Co P.L.C
was held on (June/28/2020) by means of video & electronic communication ,the shareholders participation in the Assembly Meeting was (93.616 %).
The following decisions were adopted at the Meeting:–
- Approving the minutes of the previous year Ordinary General Assembly Meeting which was held on Apr 22 2019
- Approving The Report of the Board of Directors on the activities of the Company, for the year ended on Dec 31, 2019
- Approving the Report of the Company’s auditors on its financial statements, for the year ended on
- Approving the Financial Statements for the year ended on Dec 31, 2019.
- Approving of the Board of Director’s proposal to pay (6 %) as cash dividends to the shareholders.
- Discharging the board’s members from their liabilities in respect of the financial year ended Dec 31 2019 And within the limits of the law
- Approving the appointment / Mr. (waddah Issam Barqawi) license No. 591 – reappointment of the auditors (Ernst & Young) for the financial year 2020. And authorizing the board of directors to determine their fees