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| The fifth section of the company’s articles of incorporation (articles 40-53) defines all details pertaining to the company general assembly whether ordinary or extraordinary, particularly those related to the conditions governing shareholder attendance, the validity of the assembly meeting and the frequency of convening assembly meetings. |
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| Article 44 defines the authorities of the ordinary general assembly to include the following: |
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Electing and dismissing board members. |
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Reviewing the activities of the board of directors and releasing them from any responsibility. |
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Approving the balance sheet and income statement. |
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Approving the board of directors' report on company activities. |
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Approving profit distribution and deciding the remuneration of board members. |
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Appointing the external auditor and deciding his remuneration. |
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| Article 48 defines the authorities of the ordinary and extraordinary general assembly to amend the company’s articles of incorporation on condition that the obligations of shareholders are not increased, their rights are not compromised and no changes are made to the original purpose of the company. |
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| To view the minutes of recent general assembly meetings: |
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Download for
31/3/2010 (PDF) |
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Download for
31/3/2010 (Extra-ordinary
General Assembly Meeting) (PDF) |
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| This page was last updated on
19/04/2010 |
