AGM of Al Madina Investment Co. SAOG was held on Sunday, 28 June 2015 at 9.30 pm at Muscat Intercontinental Hotel, the following Decisions were taken:  

The following is a summary of the concluded decisions:

1. Approving of the Board of Director’s report for the financial year ended 31 March 2015

2. Approving of the Corporate Governance report for the financial year ended 31 March 2015

3. Approving of the auditor’s report of the financial statements position and statement of comprehensive income for the financial year ended 31 March 2015.

4. Approving of the proposal to distribute cash dividends of (5%) at the rate of (5) Baisa per share. 

5. Approving of the sitting fees to the directors and sub committees for the financial year ended 31 March 2015 and determination of the sitting fees for the next financial year.

6. Approving of related party transactions for the year ended 31 March 2015.

7. Approving of appointed Price water House coopers as external auditor for the financial year ended on 31st March 2016. And pay R.O 8,800 as audit fees.