13 May 2015
Muscat: Oman National Investment Corporation (ONIC) Holding will seek approval from its shareholders for the proposed merger of the company with Oman International Development and Investment Company.
The company is also seeking approval from shareholders on a swap ratio of 1.052 shares for every share help by the shareholder in the company and authorise the board to determine an effective date of the merger, said a disclosure statement posted by ONIC Holding on MSM website.
Shareholders are entitled to give a written proxy to another person to attend the meeting and vote on his/her behalf at the EGM, provided that such delegation be stated on the proxy form enclosed with the EGM notice. With regards to natural persons, they must enclose with the proxy form a copy of the identity card for adults, or of the passport for females and minors who do not have an identity card; as for non-Omanis, a copy of the resident card or passport is required.
Muscat: Oman National Investment Corporation (ONIC) Holding will seek approval from its shareholders for the proposed merger of the company with Oman International Development and Investment Company.
The company is also seeking approval from shareholders on a swap ratio of 1.052 shares for every share help by the shareholder in the company and authorise the board to determine an effective date of the merger, said a disclosure statement posted by ONIC Holding on MSM website.
Shareholders are entitled to give a written proxy to another person to attend the meeting and vote on his/her behalf at the EGM, provided that such delegation be stated on the proxy form enclosed with the EGM notice. With regards to natural persons, they must enclose with the proxy form a copy of the identity card for adults, or of the passport for females and minors who do not have an identity card; as for non-Omanis, a copy of the resident card or passport is required.
© Times of Oman 2015
