AGM FAQ

When will the Annual General Assembly meeting be held ?

Nakilat’s AGM is usually held towards the first quarter of the year.

back to top

Where does the meeting take place?

The venue is mentioned in the AGM invitation which is published at least 21 days before the meeting.

back to top

Who can attend the meeting?

All shareholders or representatives appointed by shareholders can attend.

back to top

What is the Agenda of the meeting?

As per Article 127 of the commercial companies law no. 11 of 2015. The agenda of the General Assembly Meeting must include the following items:

  1. Hearing the report of the board of directors on the activity of the company and its financial status over the year and the auditor’s report and approving them.
  2. Discussing the balance sheet and profit and loss account of the company and approving them.
  3. Discussing the Governance report and approving it.
  4. Considering proposals submitted by the board of directors on distribution of profits and adopting it.
  5. Considering discharging the members of the board of directors and determining their remuneration.
  6. Presenting the tender relating to the appointment of auditors and determining their remuneration.
  7. Electing board members when necessary.
back to top

Can shareholders be represented at the annual general meeting?

Shareholders who cannot attend the general meeting in person may exercise their voting rights through a proxy holder. The proxy holder should be a Nakilat shareholder. The proxy card can be found with the invitation published in the newspaper or in the website. The shares owned by the proxy should not exceed 5% of the company’s shares. The proxy should have details of the appointed shareholder with his/her ID copy.

back to top

Can shareholders ask questions in the annual general meeting?

Shareholders have the right to ask questions and the Board of Directors shall answer all questions and inquires of the shareholders to the extent which does not conflict with the company’s interest.

back to top

How can a shareholder vote in the annual general meeting?

As explained in the company’s Articles Of Association, voting in the general assembly shall be through the E-voting system or any other recognized mechanism. The voting shall be executed by a secret ballot. Each shareholder has the right to vote in person or by proxy. Upon voting, each shareholder is entitled to a number of votes equivalent to the number of his shares.

back to top

When can shareholders receive dividends?

The dividends will be distributed in line with directives from Qatar Financial Market Authority through Edaa.

back to top

Dividend FAQ

When will Nakilat distribute the cash dividends?

The dividends will be distributed in line with directives from Qatar Financial Market Authority through Edaa.

back to top

How can shareholders claim their dividends?

Pursuant to Qatar Financial Market Authority’s Board decision No. (7) of 2023 concerning rules of dividend distribution in shareholding companies listed on the financial markets, the dividends will be distributed in line with directives from Regulatory Authority through Edaa.

For more information regarding dividend distribution, please contact Edaa:
Phone: +974 4422 2410 or 16014
Fax: +974 4422 1560
Email: info@qcsd.gov.qa
www.qcsd.gov.qa

back to top