Last checked at 2 Jun 2020 08:15
Orascom Investment Holding S.A.E.
Established pursuant to the provisions of Law 95/1992
Head Office: Nile City Towers, South Tower,
2005 A Croniche 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 the Resolutions of the
Extraordinary General Assembly Meeting
On Monday, 1st June 2020, the Extraordinary General Assembly of the shareholders convened at 4 pm via ZOOM video conference on the following link (https://zoom.us/j/97378184025), under the Chairmanship of Eng. Naguib Onsi Sawiris, upon the invitation addressed to the shareholders, the Financial Regulatory Authority, the Auditor and the Board of Directors. The Extraordinary General Assembly was attended by the following Directors:
· Eng. Akil Hamed Bashir - non-executive Vice-Chairman;
· Mr. Hassan Mostafa Abdo - non-executive Director;
· Dr. Sameh Youssef El Torgoman - non-executive Director;
· Mr. Oussama Daniel Nassif - executive Director;
· Mr. Mohamed Hamdan Ashmawy - non-executive Director;
· Mr. Ashraf Salman - non-executive Director;
· Mr. Alexander Shalaby - non-executive Director.
The meeting was also attended by Mr. Mohamed Hassan representing Mr. Sami Abdel Hafiz from Hazem Hassan KPMG.
The shareholders unanimously approved the appointment of:
Mr. Moustafa Abdel Razek as Secretary of the Meeting; and
Mrs. Heba Fawzy and Mrs. Salma Labib Omar as vote scrutineers.
The shareholders attending the meeting represents amounted to approx. 56% of the total share capital of the Company.
The shareholders of the Extraordinary General Assembly resolved the following:
The shareholders resolved by majority to amend Article (4) of the Articles of Association of the Company in connection with the authority to operate in Sinai peninsula.
The meeting ended at 4:30 pm.