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Notice of the Annual General Meeting
Mar 05, 2017 - 08:01PM Company : BANK NIZWA

 

 

NOTICE OF ANNUAL ORDINARY GENERAL MEETING

 

The Board of Directors of Bank Nizwa  Company SAOG (the “bank”) is pleased to   invite all shareholders of the bank to attend the Annual Ordinary General   Meeting of the Company (“AGM”) scheduled to be held at 3.00 pm on Tuesday, 21   March 2017 at the Al Harthy Hall,   Next to the Bank’s head office in Shatti Al Qurum to discuss the following   agenda:

 

 

Agenda for   Annual Ordinary General Meeting

1.To consider and approve the Director’s Report for the financial year ended   31 December 2016.

 

2. To consider and approve the Corporate Governance Report for the   financial year ended 31 December 2016.

 

3. To consider the Auditors’ Report and approve the Financial Statements   (Balance Sheet and Profit and Loss Account) for the financial year ended 31   December 2016.

 

4. To disclose the Shariah supervisory board report for the financial   year ended 31 December 2016.

 

5. To approve the sitting fees of the Board of Directors for attending   both the board meetings and the board sub-committees for the financial year   ended 31 December 2016 and to approve their sitting fees for the upcoming   year.

 

6. To disclose the transactions and contracts which the Bank has entered   into with related parties during the financial year ended 31 December 2016.

 

7. To appoint members of the Sharia supervisory board till the upcoming   annual general meeting for the period ended 31 December 2017 and to assign   and approve their sitting fees and benefits for the upcoming year.

 

8. To appoint the auditors and external sharia supervisors for the bank   for the financial year ending 31 December 2017 and fix their remuneration,   subject to the approval of the concerned regulatory bodies.

 

9. To appoint an independent entity and approve their fees to measure   the performance of members of the board for the financial year ending 31   December 2017.

 

 

In   accordance with the company’s Articles of Association each shareholder is   entitled to give a written proxy to another person, who need not be a shareholder,   to attend the meeting and vote on his/her behalf.  If you wish to appoint a proxy, please   complete and submit the Proxy Form attached to the invitation upon attendance   at the Annual General Meeting. All individuals must make sure to accompany   their proxy forms with a copy of their ID Cards (for adults) and a copy of   passport (for women and minors and any individuals who do not hold an ID   card) and a copy of residency card and passport for non-Omanis. With regards   to corporates, the proxy form must be signed by an authorized person and   stamped with an official company stamp. Additionally all corporates must   attach the company’s commercial registration with a copy of the list of   authorized signatories.

 

 

Shareholders   and their proxies are requested to make themselves available at the venue of   the meetings half an hour before the start of the meeting so that the   meetings can be held at the scheduled timings. For inquiries and further   information, please contact Mr. Tariq Osman 24655658 or Mr. Khalil Ibrahim Al   Balushi 24655652.