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Tribune news network
Doha
Al Meera Consumer Goods Company held its extraordinary general assembly meeting (EGM) in Doha on Sunday.
The meeting was attended by Al Meera board of directors chairman Abdulla Abdulaziz al Subaie, board members, shareholders and investors.
The meeting agreed to consider and approve the split of the par value of the ordinary share to QR1 instead of QR10, as per the instructions of Qatar Financial Market Authority.
The EGM also approved amendment of certain Articles of Association (AOA), which included increasing the number of cash shares, and the total number of shares from 20 million to 200 million.
The meeting approved Qatar Stock Exchange’s request to consider increasing the percentage of foreign ownership in the company’s capital to 49 percent.
Doha
Al Meera Consumer Goods Company held its extraordinary general assembly meeting (EGM) in Doha on Sunday.
The meeting was attended by Al Meera board of directors chairman Abdulla Abdulaziz al Subaie, board members, shareholders and investors.
The meeting agreed to consider and approve the split of the par value of the ordinary share to QR1 instead of QR10, as per the instructions of Qatar Financial Market Authority.
The EGM also approved amendment of certain Articles of Association (AOA), which included increasing the number of cash shares, and the total number of shares from 20 million to 200 million.
The meeting approved Qatar Stock Exchange’s request to consider increasing the percentage of foreign ownership in the company’s capital to 49 percent.
