24 March 2011
MUSCAT: The annual general meeting of Al Jazeira Services was held at Afrah Hall in Grand Hyatt Muscat yesterday.
The board of directors and shareholders present at the meeting reviewed and approved the report of the board of directors for the financial year ended December 2010 together with the auditors' report, balance sheet, profit and loss account for the same period.
The meeting considered and approved the proposal to distribute cash dividends of 20 per cent of the capital at the rate of 20 baisa per share. The shareholders also approved the sitting fees for the board and audit committee meetings received during the year 2010 and determined the sitting fees of the board of directors and for members of committees for the financial year 2011.
At the meeting, the shareholders were informed regarding related party transactions for the financial year 2010 and approved the renewal of transaction with a related party for the financial year 2011.
The meeting also appointed auditors for the next financial year ended December 2011 and approved their fees.
MUSCAT: The annual general meeting of Al Jazeira Services was held at Afrah Hall in Grand Hyatt Muscat yesterday.
The board of directors and shareholders present at the meeting reviewed and approved the report of the board of directors for the financial year ended December 2010 together with the auditors' report, balance sheet, profit and loss account for the same period.
The meeting considered and approved the proposal to distribute cash dividends of 20 per cent of the capital at the rate of 20 baisa per share. The shareholders also approved the sitting fees for the board and audit committee meetings received during the year 2010 and determined the sitting fees of the board of directors and for members of committees for the financial year 2011.
At the meeting, the shareholders were informed regarding related party transactions for the financial year 2010 and approved the renewal of transaction with a related party for the financial year 2011.
The meeting also appointed auditors for the next financial year ended December 2011 and approved their fees.
© Times of Oman 2011
