The Annual General Meeting of Aqar Real Estate Investments Company was held on 19/03/2018 for the fiscal year ended on 31/12/2017. All the articles in Agenda were approved, including:
1. Approved the Financial Statement and profit and loss statement for the financial year ended 31/12/2017.
2. Approved the recommendation of the Board of Directors to distribute cash dividends for the year ended 31 December 2017 @ 6% of the nominal value of the share (6 fils per share) in the amount of KD 1,271,811 (One million two hundred seventy one thousand and eight hundred eleven Kuwaiti Dinars) for the shareholders who are registered in shareholders statement by the end of the due date.
3. Approved the reappointment of the Auditor / Mr. Mohamed Hamad Al-Sultan - Baker Tilly Kuwait for the financial year ended 31 December 2018.
4. The members of the Board of Directors were elected for the next three years as follows:
Mr. Bader Saleh Al-Essa
Mr. Mousa Ali Abou Taleb
Mr. Mohammad Jaafar AlHaidari
Mr. Sameer Ibrahim Habayeb
Sheikha Modhey Ali Al Sabah
Mr. Jassim Khalid Al Saadoun (Reserve Member)
