24 Apr 2017 09:35
Cairo, April 24, 2017
Domty SAE announces that the Ordinary General Meeting of the Company convened on Sunday, April 23, 2017 and resolved the following resolutions:
1. Approved the Board of Directors report for the fiscal year ended 31/12/2016
2. Approved the auditor's report of for the fiscal year ended 31 December 2016.
3 - Approved the company's financial statements and the profit and loss accounts for the fiscal year ended 31/12/2016
4- Approved the recommendation of the board of directors on the transfer of profits for next year.
5. Approved discharging the Chairman and the members of the Board from their responsibilities for the fiscal year ended on 31/12/2016.
6 . Approved authorizing the Board of Directors' to determine attendance and transfer allowances for the non-executive directors of the board. The total amount paid per annum shall not exceed EGP 250,000 per member for the fiscal year ending 31/12/2017.
7. Approved the renewal of the appointment of Mr. Khaled Hamdi Samaha (Samaha & Co.) and Mr. Amr Mohamed Mustafa Al Shaabini( Ernst & Young)as auditors for the Company for the fiscal year ending 31/12/2017 and to authorize the Board of Directors to determine the audit fees up to the maximum of EGP 800000 for auditing the annual and periodic standalone financial statements and up to the maximum of EGP 235000 for auditing the annual and periodic consolidated financial statements.
8 - Approved authorizing the Board of Directors to grant donations during the fiscal year ending 31/12/2017 of up to EGP 1 Million
-Ends-
Contacts:
Ahmed El HomosaniInvestor Relations and Corporate Affairs DirectorT: +202- 010 - 6665 4045|ahmed.elhomosani@domty.org
Ahmed Mohy Compliance and Corporate Governance managerT: +202- 010 - 0555 2235| ahmed.mohy@domty.org