1. Approval of the Board of Directors' report for the company's activity and its financial position for the financial year ended on31/12/2016.
2. Approval of the Fatwa and Shariah Supervisory Board's report about the company's business for the financial year ended on 31/12/2016.
3. Approval of the auditors' report for the balance sheet and profit and loss account for the financial year ended on 31/12/2016
4. Approval of the company’s balance sheet and profit and loss account for the financial year ended on 31/12/2016
5. Release and discharge of the Board of Directors from liability for their missions during the financial year ended on 31/12/2016.
6. Release and discharge of auditors from liability of their works during the financial year ended on 31/12/2016.
7. The approval of appointing M/s Deloitte & Touch Company as auditors of the financial year 2017 and determining an amount of AED 385,000.00(only three Hundred and eighty Five Thousand Dirham) as their fees.
8. The approval to write off part of the accumulated losses through the reserves :
� Legal Reserves 18,729,615 AED
� General Reserves 18,729,615 AED
� With a total of37,459,230 AED to decrease the accumulated losses from 118,029,974 AED to80,570,744 AED which means 35,69 % from the company’s capital .
9. The approval for continuity of the Company and the consent on the recommended corrective plan. |