Press releases, Reports & Disclosures for Al Ramz Corporation Investment and Development PJSC

The provided document from 2024 is from ALRAMZ, a company involved in asset management, corporate finance, brokerage, market making, and research. The document is intended for the information of the directors and management of the addressee. It is not to be quoted or referred to without prior written consent from ALRAMZ. The company also disclaims any responsibility to third parties in relation to the document. The content of the document pertains to a BNRC Meeting#2 of 2024, which took place on 25th March 2024.

Al Ramz Corporation Investment and Development PJSC has invited its shareholders to attend the Annual General Assembly Meeting (AGM) on 22 April 2024. The meeting will take place at the company's premises in Abu Dhabi or via remote presence technology. The agenda includes the appointment of the meeting secretary and vote collectors, review and approval of the company's financial reports for the fiscal year ended 31 December 2023, and consideration of a proposal to distribute cash dividends. Other items include the review of the Board of Directors' remuneration, potential removal or discharge of board members and auditors, reappointment of the External Auditors for 2024, voting for nominated Board of Directors for the new cycle ending in 2027, and delegating the board to allocate up to 1% of net profits to corporate social responsibility. Shareholders may attend in person or delegate a proxy to attend on their behalf.

Al Ramz Corporation Investment & Development PJSC has announced the opening of nominations for its Board of Directors. The nomination period will be from 11th to 20th March 2024. Any qualified person or shareholder who meets the nomination conditions can apply for membership to the board. Applications can be submitted in person to the company's Abu Dhabi offices. The Board of Directors requires seven members. Nomination conditions include meeting the requirements of Federal Law Decree No. (32) of 2021, the Chairman of the Board of Directors Decision No. (3/R.M) for the year 2020, and the company's Articles of Association and its amendments. Candidates must have relevant industry experience and competence.