03-03-2025
Qatar Cinema & Film Distribution Co. announces the results of the AGM and EGM. The meeting was held on 02/03/2025 and the following resolution were approved
The Ordinary Annual General Meeting
1) Approval of the statement of Board of Directors on the company’s activities and its financial position for the year ended 31 December 2024 and the company’s future business plans.
2) Approving the Auditor’s Report for the audited financials and final account for the year ended 31 December 2024 and hearing and approving the independent Auditor’s report on Article (24) of the Corporate Governance Law and approved them.
3) Approval of the company’s financial statement and income and loss statements of the financial year ended 31/12/2024.
4) Approval of the recommendation of the Board of Directors for distribution of cash dividends for the year 2024 at the rate of 7% of the nominal value of share capital, representing QR. 0.07 per share.
5) Approval of the Company Governance Report for the year 2024.
6) Discharging the Chairman and members of the Board of Directors from any liability for the financial year ended 31 December 2024. And they agreed to their rewards
7) Appointed of M/s Tala Abu-Ghazaleh as External Auditor for the year 2025 .
8) The company's Board of Directors members were elected by acclamation for the next three years from the following names.
1) The Executive & Non-Executive Members
1) Mr. Mohamed Ali J. A. Al-Sulaiti
2) Mr. Ali Ishaq Hussein Al-Ishaq
3) Dr. Khalifa Abdulla Hussein Al-Naama
4) Mr. Saoud Abdul Aziz A. Al Darwish
5) Mr. Bader A. A.Aziz Al Darwish
6) Mr. Abdul Rahman Abdul Aziz A. Al Darwish
2) The Independent Members
1) Ms. Sarah Abdulla H Mohammad
2) Mr. Abdulla Ibrahim Z M Al-Zainal
Extraordinary General Assembly
The Extraordinary General Assembly approved the proposed amendment to the Articles of Association by modifying and updating certain provisions to comply with the requirements of the Qatar Financial Markets Authority.
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