Published: Mar 12, 2014
Source: MSM

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Oman Textile Holding -Resolutions of the Annual General Meeting held on 12th March 2014

The Annual Ordinary General Meeting of Oman Textile Holding Company SAOG was held on Wednesday, 12th March 2014 at Hotel Holiday Inn, Sur Ball Room, Al Khuwair, Near Oman Bowling Center, Muscat at 5.00 pm. Representatives of Capital Market Authority, Auditors M/s. PricewaterhouseCoopers LLP and Legal Advisors M/s Hamad Al Sharji, Peter Mansour and Co also attended the meeting.
 
The attendance of shareholders was 66.67% (4,000,449 numbers of shares) out of total share capital of 6,000,000 shares.
 
Shareholders approved following items:
 
01.Director’s Report for the year ended 31st December 2013.

02.The Corporate Governance Report for the year ended 31st December 2013.

03.Auditor’s Report and the Consolidated Financial Statements of the company for the year ended 31st December 2013.

04.The contracts and transactions entered into by the Company, within the normal course of the Company’s activities, with related parties during the financial year ended 31st December 2013.

05.The contracts and transactions proposed to be entered into by the Company with related parties as part of its normal business activities during the course of the financial year ending on 31st December 2014.

06.Appointment of M/s PWC as the Statutory Auditors of the Company for the year ending on 31st December 2014 with remuneration of RO 7,700 per year.
 
 
 
Chairman                               Secretary – Annual Ordinary General Meeting


Date: March 12, 2014

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