Al Anwar Ceramic Tiles Co. - AACT

The Board of Directors of Al Anwar Ceramic Tiles Co SAOG invite all shareholders to attend the Ordinary Annual General Meeting to be held at 3 pm on Sunday, 27th March 2016 at Al Jable Al Qamar Meeting hall, Al Falaj Hotel, Muscat. The following will be the Agenda.

To consider and approve the Chairman’s Report for the year ended 31st December 2015.

To study and approve the Corporate Governance & Compliance report for the financial year ended 31st December 2015.

To consider the Auditor’s Report and approve the Financial Statements (Statement of financial Position and Statement of Comprehensive income) for the year ended 31st December 2015.

To approve declaration of 20% cash Dividend ( R.O. 0.020 bzs) per share.

To approve the sitting fees paid to the members of the Board of Directors and Audit Committee for the year 2015 and the fees proposed for the year 2016 .

6. Approval of the remuneration of the Directors for an amount of RO 100,000/- for the year ended on 31.12.2015.

7. To bring to the attention of the Shareholders, the amounts paid/committed for Corporate Social Responsibility programs during the financial year 2015.

8. To consider and approve an amount of RO 20,000 for Corporate Social Responsibility programs, which shall be used out of the 2016 profit.

9. To appoint auditors for the year 2016 and fix their remuneration.

In accordance with the Statute of the Company, the shareholder is entitled to delegate in writing any person to attend the meeting and vote on the decisions taken on his behalf, provided that the authorization card must be issued by the Muscat Depository Co. attached with the invitation. A natural person must attach a copy of the authorization card, ID card for adults, and the passport for women and minors who do not have a personal identity card, resident card or passport for non-Omanis. As for the legal person, the authorization card must be signed by person authorized to sign and sealed by the company and attached by a certificate of registration in the Commercial Register along with the model (specimen signature) of the authorized signatories.

For further information please contact Mr. Khalfan Al Sabahi on phone 25449165/ 166.