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Ezdan to postpone EGM to 24 May

Ezdan to postpone EGM to 24 May
(Photo Credit: Ezdan's official Facebook page)
Ezdan Holding
ERES
-0.95% 1.14 -0.01

Doha – Mubasher: Ezdan Holding Group postponed its extraordinary general meeting to 24 May, instead of 23 May, according to a filing to the Qatar Stock Exchange (QSE) on Tuesday.

In case of incomplete quorum, this EGM will be postponed to 31 May, after getting the required approval from the relevant authorities.

Ezdan had previously reported a 9% growth in profits reaching QAR 1.81 billion in 2016, compared to QAR 1.66 billion in 2015.

The Qatar-listed group’s profits increased 61.5% to reach QAR 945.94 million in the first in 2017, compared to QAR 585.65 million in Q1-16.

By 11:06 am Qatar time, the stock stood at QAR 15.32.