Last checked at 11 Jun 2019 08:06
Orascom Investment Holding S.A.E.
Established pursuant to the provisions of Law 95/1992
Head Office: Nile City Towers, South Tower, 29 Floor,
2005 A corniche El Nile, Ramlet Beaulac, 11221, Cairo, Egypt.
Authorized Capital: EGP 22 Billion
Issued Capital:
EGP: 2,203,190,060.40
(Fully paid)
Number of Issued Shares:
5,245,690,620
Commercial registration number: 394061 Cairo
Summary of Board of Directors Resolutions
No: (4) of 2019
June 10, 2019
On Sunday, 10th of June 2019 at 2:30 pm, upon the request of Eng. Naguib Onsi Naguib Sawiris - Executive Chairman, the Board of Directors reviewed and voted by circulation the following agenda, namely:
· Eng. Naguib Onsi Naguib Sawiris- Executive Chairman
· Eng. Akil Hamed Bashir - Non-Executive Vice Chairman;
· Eng. Tamer Mokhtar Ahmed El Mahdi - Managing Director;
· Mr. Oussama Daniel Nassif Faltas - Executive Board Member;
· Eng. Iskandar Shalaby Naguib Rizk Shalaby - Non-Executive Board Member;
· Mr. Ayman Mohamed El Tayeb Mohmaed Soliman- Non- Executive Board Member
· Dr. Sameh Youssef El Torgoman - Non-Executive Expert Board Member;
· Mr. Ashraf Abdel Tawab Abdel Razek Salman, Non-Executive Expert Board Member (independent);
· Mr. Mohamed Hamdan Mahmoud Ashmawy - Non-Executive board member.
The Board of Directors resolved the following:
First resolution: The Board of Directors unanimously approved the Audit Committee's report on the standalone and consolidated financial statements for the financial period starting on 1/1/2019 and ending on 31/3/2019.
Second resolution: The Board of Directors unanimously approved the Auditor's Report on the standalone and consolidated financial statements for the financial period starting on 1/1/2019 and ending on 31/3/2019.
Third resolution: The Board of Directors unanimously ratified the Board of Directors' Report on the standalone and consolidated financial statements for the financial period starting on 1/1/2019 and ending on 31/3/2019, as well as the outcome of the business for said period.
Fourth resolution: The Board of Directors unanimously ratified the standalone and consolidated financial statements for the financial period starting on 1/1/2019 and ending on 31/3/2019, as well as the outcome of the business for said period.
Head of Investor Relation
Marwan Mohamed Hussein