The Company announces that its Board of Directors meet on Thursday, 30 March 2017
30 March 2017

The Company announces that its Board of Directors met on Thursday, 30 March 2017at 1:00 pm at company’s offices and the most important resolutions are as follows:
  • Approval to hold the ordinary annual general meeting for the fiscal year ended 31 December 2016 and approves its agenda.
  • Approval to convene the Extraordinary General Assembly to add the following item to the Company's Articles of Association: “The Company may sell or purchase its shares not exceeding 10% of its issued shares at their market value in accordance with the provisions of the executive regulations of Law No. 7 of 2010.”
  • Initial approval to study an investment opportunity offered to the Company to acquire a stake in a plastic bag production plant in Kuwait.