The annual general meeting of Oman Chromite Company (SAOG) was held on Tuesday, 10^th of March 2015, at 3:00 PM at the Conference Hall, at Chamber of Commerce and Industry Building – Sohar

The following is a summary of the concluded resolutions:

1-      Approving of the report of the board of directors for the financial year ended on 31st December 2014.

2-      Approving of the corporate governance report for the financial year ended on 31st December 2014.

3-      Approving of the auditor’s report of the Statement of Financial Position and the Statement of Comprehensive Income account for the financial year ended on 31st December 2014.

4-      Approving of the proposal to distribute cash dividends of (17%) at the rate of (170) baizes per share.

5-      Approving of the sitting fees for the directors and subcommittees for the past year and determination of the fees for the next financial year.

6-      Approving of the funds spent to support local society during the financial year ended on 31/12/2014.

7-      Approving of a proposal to donate amount of (R.O 30000) thirty thousand for the local society for the financial year ending on 31/12/2015.

8-      Approving of appointment of M/S Moore Stephens agreed there fees, as external auditors of the company for the financial year 2015.

 Ashraf Ahmed Hamed Elneil 

          AGM SECRETARY