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Invitation to attend the Annual General Meeting
Feb 23, 2017 - 01:40PM Company : AL JAZEERA SERVICES

The Board of Directors of Al Jazeira Services Co. SAOG is pleased to invite the Shareholders of the Company to attend the Annual General Meeting scheduled to be held on Tuesday, 21 March 2017 at 5.00 pm at Jabar Al Qamar Hall, Al Falaj Hotel, Ruwi to discuss the following agenda:

  1.  To consider and approve Board of Directors Report  for the financial year  ended 31.12.2016
  2. To consider and approve Corporate Governance Report for the financial year ended 31.12.2016
  3. To consider the Auditors’ Report and approve the balance sheet and profit & loss account for the financial year ended 31.12.2016.
  4. To consider and approve the proposed cash dividend to the Shareholders of 15 % of the capital at the rate of 15 baisa per share for the financial year ended 31.12.2016.
  5. To approve sitting fees for the Board, Audit Committee and Nomination and Remuneration Committee Meetings for the financial year 2016 and approve sitting fees for the financial year 2017.
  6. To approve proposed Directors’ remuneration amounting to RO 39,000 for the financial year ended 31.12.2016.
  7. To inform the shareholders regarding related party transactions during the financial year ended 31.12.2016.
  8. To consider and approve related party transactions to be entered into by the Company during the financial year 2017.  
  9. To consider and approve the authorization of the Board of Directors to pay a maximum amount of RO 15,000 as  charity during the financial year 2017.
  10. To appoint the Auditors’ for the financial year ended 31.12.2017 and approve their fees.
  11. To consider and approve the Board evaluation criteria.  
  12. To appoint an independent expert to evaluate the performance of the Board for the financial year  ending 31.12.17 and determine their fees.

In accordance with the Article of Association of the Company, any Shareholder may appoint any other person, by proxy  to attend the meeting and vote on his behalf by signing the proxy form. The proxy must be executed on the proxy form attached with the meeting notice. If the proxy is issued by a natural person, a copy of such person ID card in the case of adults, a 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 bear the company seal and be signed by one of the company’s authorized signatories and copies of the company’s Certificate of Commercial Registration and Authorized Signatories List must be attached to the proxy form.

Please be present at the meeting venue at least 30 minutes before the fixed time. For any enquiries, kindly contact Miss Badriya Khamis Al Abri on telephone No. 24706499 or email: damacinv@omantel.net.om

 

Deputy Chairman                   Auditors                                     Legal Advisor