The Board of Directors of Al Fajar Al Alamia Company SAOG have pleasure to invite the shareholders for the company’s 18th ordinary annual general meeting to be held at 5.00 p.m. on Wednesday, 30thSeptember, 2015 at the business hall, Capital Market Authority, to consider the following agenda:
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To consider and approve the chairman’s report for the financial year ended 30th June 2015.
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To consider and approve the report on corporate governance for the financial year ended 30th June 2015.
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To consider the statutory auditors’ report and approve the consolidated statement of financial position and consolidated statement of comprehensive income for the financial year ended 30th June 2015.
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To consider and approve cash dividend of 5% on paid up share capital equivalent to baiza 5 for each share.
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To consider and approve sitting fee paid to Directors’ for attending meetings of the Board and sub committees for the financial year ended 30th June 2015 and proposed Directors’ sitting fee for the financial year ending 30th June 2016.
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To consider and approve the transactions carried out with related parties during the financial year ended 30th June 2015.
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Consider the transactions that the company proposes to carry out with related parties during the financial year ending 30th June 2016.
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To consider and approve transfer of RO. 40,000/- to special reserve out of the consolidated net profits of the company for the financial year ended 30th June 2015.
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To elect one directors to fill vacancy in the Board of directors from shareholders or from non-shareholders. Anyone who wishes to stand as a candidate for election must complete the prescribed form and submit it to the company on or before Sunday, 27 September 2015. Nomination forms submitted after this date will not be accepted. Where the candidate is a shareholder the Articles of Association of the company require that he owns minimum 5,000 shares as on the date of AGM.
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To appoint statutory auditors for the financial year ending 30th June 2016 and approve their fees.
According to the Articles of Association, the Shareholders shall have the right to nominate a proxy to attend and vote on their behalf on decisions/resolutions of the meeting, such proxy must be on the proxy form issued by Muscat Clearing & Depositary Co. attached to the agenda notice and should be signed by the shareholder. The natural shareholder shall enclose a copy of the ID card, or the passport copy for females and minors who don’t have an ID card, residence card or passport copy for non-Omanis along with the proxy form. The juristic shareholder’s proxy must be signed by an authorized signatory and sealed with entity’s stamp, and should be submitted along with a commercial registration certificate and the authorized signatories list.
For more information please contact Ms.Wahida Jalal Khan Al Balushi on telephone no. 24611000.
Important Notice: Joint Stock Companies must deposit the dividend amount due to investors that remains uncollected after the expiry of six months from the due date, into Investors’ Trust Fund. Please note that each shareholder must contact Muscat Clearing & Depository Co. SAOC for any inquiry in respect of any such amount due to him.
Saleem bin Qassim bin Ahmed Al Zawawi PWC LLP Curtis, Mallet-Prevost, Colt & Mosle
Chairman Auditors Legal Advisors
