The Board of Directors of Mazaya Real Estate Development is pleased to invite the shareholders to attend Ordinary & Extra ordinary general assembly meeting that will be held on Sunday, April 17, 2022 at 9:30 pm Via Zoom cloud meetings. In the event the quorum is incomplete, the next meeting will be held on Tuesday, April 19, 2022 at the same time and venue. to discuss the following agenda:
Ordinary General Assembly Meeting’s Agenda.
Item 1: Hearing the Board of Director Report on the activities of the company and its financial position for the financial year ending December 31, 2021 as well as the company’s future plans.
Item 2: Hearing the Sharia’a Supervisory Board report.
Item 3: Hearing & Approving the auditors’ report for the year ending December 31, 2021.
Item 4: Discussing & Approving the company’s balance sheet and profit & loss statement for the year ending December 31, 2021.
Item 5: approving the proposal of the board of directors not to distribute dividend.
Item 6: Absolving the members of the Board Directors of any liability for the financial year ending December 31, 2021.
Item 7: Discussing & Approving the company’s Governance Report for the year ending December 31, 2021.
Item 8: Appointing the Auditors for the 2022 financial year and fix their fees.
Extra Ordinary General Assembly Meeting’s Agenda.
Item 1: Amending the relevant articles of the Company’s current Articles of Association in accordance with the provisions of Law No. 8 of 2021 amending some provisions of the Commercial Companies Law No. 11 of 2015.
Item 2: Delegating the Chairman to sign and amend the articles of association and complete the procedures for obtaining the required approvals and document them with the competent authorities.
