The Result Of Dlala Holding Annual General Meeting (AGM)

Dlala Brokerage and Investment Holding held the Annual General Meeting (AGM) on Sunday 03/04/2011 at Diplomatic club.
The AGM discussed the meeting agenda and passed the following resolutions:

1. Approved the Board of Directors’ Report on the company’s activities and its financial position for the fiscal year ended December 31st, 2010 and the future plan of the company.
2. Approved the Auditor’s report on the Company’s Accounts for the fiscal year ended December 31st, 2010.
3. Approved the balance sheet and the profit & loss account for the fiscal year ended December 31st, 2010.
4. Approved Board’s Proposal for distributing cash dividends of 8.5% (85 Dirham per share).
5. Absolved the Chairman and Members of The Board of Directors from all responsibilities for the fiscal year ended on 31st December 2010, and fixed their remunerations.
6. Appointed Ernest & Young as external auditor for the fiscal year 2011 and approved auditor’s fees.
7. Election of the following 5 board members.
   a. H.E. Sheikh Sehim Bin Khalid Bin Hamad Al Thani.
   b. Mr. Ali Hussien Al Sada.
   c. Mr. Rashid Ahmed Al Manaai.
   d. Dr. Mohamed Nasser Al Qahtani.
   e. Mr. Ahmed Mohamed Ali Al Asmakh.