Last checked at 24 Apr 2019 10:25
First Notice |
Madinet Nasr for Housing and Development (MNHD) An Egyptian Joint Stock Company Invitation to the Shareholders for the Annual General Meeting (AGM)
The Chairman of the Board of Directors (BOD) and Chairman of the AGM is honored to invite the shareholders of the Company to the AGM to be held on Wednesday May 15, 2019 at 2:00 p.m. at the Company's Sales Center on the site of Taj City project; Extension of Thawra Street- Opposite to the Entry of Cairo International Airport- Cairo, Egypt
The meeting will be valid if attend by shareholders representing (25%) at least of the capital. If the required quorum for the validity of the AGM is not met, a second meeting of the AGM will be held after one hour of the time of the first meeting of the AGM and at the same place. The 2nd meeting will be valid no matter the number of shares is represented.
The AGM will discuss the following agenda: 1. Authorizing the BOD to execute contracts with related parties.
2. Each shareholder has the right to attend the AGM in person or by proxy to other shareholder. A proxy should be officially documented in special or general proxy statement with notarization of signatures 3. Shareholders interested in attending the AGM are required to register with the Company and present a statement of their shareholding as issued by a securities custodian bank or firm. The statement should indicate that the entire balance of shareholding is blocked from trading for at least three days prior to the AGM; excluding the day of blocking and the day of the AGM. 4. Any inquiries regarding the AGM to be presented or addressed in writing to the Management of the Company at its premises (4 Youseif Abbas St. Nasr City- Cairo- Egypt) at least three days prior to the date of the AGM. 5. The agenda of the AGM, and underlying documents are available at the Company's premises at the request of the shareholders
Chairman of the Board and AGM
Eng. Mohamed Hazem Barakat
Date: 21 April 2019 |
First Notice Madinet Nasr for Housing and Development (MNHD) An Egyptian Joint Stock Company Invitation to the Shareholders for the Extraordinary General Meeting (EGM)
The Chairman of the Board of Directors (BOD) and Chairman of the EGM is honored to invite the shareholders of the Company to the EGM to be held on Wednesday May 15, 2019 at 2:30 p.m. at the Company's Sales Center on the site of Taj City project; Extension of Thawra Street- Opposite to the Entry of Cairo International Airport- Cairo, Egypt
The meeting will be valid if attend by shareholders representing 50% at least of the capital of the company. If the required quorum for the validity of the EGM is not met, the EGM will hold a second meeting within 30 days following the date of the first meeting; at the same place. The 2nd meeting will be valid if attended by shareholders representing one-fourth at least of the capital of the company.
The EGM will discuss the following agenda: 1. Revising articles (21, 46, and 50) of the Company's Articles of Association to allow for the cumulative voting in the election of the Board of Directors. 2. Delegate the Chairman, the Managing Director, or their delegate in execution of the procedures required to revise the article of associations before the related governmental authorities and to make necessary changes that may be requested by those authorities according to the applicable rules.
· Each shareholder has the right to attend the EGM in person or by proxy to other shareholder. A proxy should be officially documented in special or general proxy statement with notarization of signatures · Shareholders interested in attending the EGM are required to register with the Company and present a statement of their shareholding as issued by a securities custodian bank or firm. The statement should indicate that the entire balance of shareholding is blocked from trading for at least three days prior to the EGM; excluding the day of blocking and the day of the EGM. · Any inquiries regarding the EGM to be presented or addressed in writing to the Management of the Company at its premises (4 Youseif Abbas St. Nasr City- Cairo- Egypt) at least three days prior to the date of the EGM. · The agenda of the EGM, and underlying documents are available at the Company's premises at the request of the shareholders
Chairman of the Board and EGM
Eng. Mohamed Hazem Barakat
Date: 21 April 2019 |