Ezdan Holding Group held its Ordinary and Extraordinary General Assembly meetings, on April 28, at the headquarters of Ezdan Palace Hotel and remotely via the Zoom app, after the completion of its quorum, where the shareholders approved all matters on the agenda, which included the Chairman of the Board of Directors’ message, and discussing the Board’s report on the Group’s activity and financial position for the year ended on December 31, 2021.
The General Assembly also approved the recommendation of the Board of Directors regarding the non-distribution of cash dividends, and discharged the members of the Board of Directors for the financial years ended on December 31, 2021, as well as electing Board members for the next three years for the session from 2022 to 2025 .
The Extraordinary General Assembly agreed to increase the percentage of non-Qatari ownership in the capital of the Group to 100 percent after obtaining all the necessary approvals from the concerned authorities and completing obtaining the approval of board of directors, and the proposed amendments and additions to the articles of association of Ezdan Holding Group.
