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Meeting Status : Meeting hold
   


Disclosure Basic
Information
Decisions
Attendance
   
ARAB PALESTINIAN INVESTMENT - APIC
    Meeting Content 
Meeting Decision
  
    Company Symbol 
APIC
  
    Currency 
USD
  
    ISIN Number 
PS4010112960
  
    Meeting Date 
2019-05-02
  
    Meeting Day 
Thursday
  
    Meeting Time 
12:30
  
    GAM Type 
Ordinary
  
    Meeting Location 
Grand Park Hotel, Ramallah
  
    Fiscal Year 
2018
  
    Meeting Invetation Party 
Board Member
  
    Meeting adjourned Time 
13:00
  
    Meeting Chairman 
Tarek Omar A Alaggad
  
    Meeting Recorder 
Fida Musleh/Azar
  
    PEX Representative 
Mohammad Abu Baker
  
    PCMA Representative 
Barraq Nabulsi
  
    Controller/Registrar (or his representative)v 
Tarek Masri
  
    Number of attending shareholders in person 
50
  
    Number of shareholders who represented by proxy 
23
  
    Number of shares represented in the meeting in person 
45904566
  
    Number of shares represented in the meeting by proxy 
15268965
  
    Total Number of shares presented in the meeting (in person and by proxy) 
61173531
  
    لإhe ratio for the shares presented to the company total No. of shares% 
74.6
  
Agenda
Agenda
  • Review and approve the report of the Board of Directors of the company for the year 2018.  To review APIC's annual report, please visit the company's website on the following link: http://www.apic.ps/AR2018
  • Review, discuss and approve the auditor’s report and the financial statements for the year ending December 31, 2018.
  • Elect auditors of the company for the year 2019, and authorize the Board of Directors to set their remuneration.
  • Ratify the recommendation of APIC's Board of Directors in relation to dividend distribution of 12.8% for registered shareholders of record as at April 30, 2019 as follows:
    • Cash dividend amounting to USD 5 million, representing 6.1% of the share's par value.
    • Share dividend amounting to 5.5 million shares, representing 6.7% of the share's par value.
  • Exonerate members of the board of directors for the fiscal year ending December 31, 2018.
Stock Dividends
To distribute share dividend amounting to 5.5 million shares, representing 6.7% of the share''s par value.
Stock Dividends
To distribute share dividend amounting to 5.5 million shares, representing 6.7% of the share''s par value.
Cash Distribution
To distribute cash dividend amounting to USD 5 million, representing 6.1% of the share
Company Data Before Corporate Action
Authorized Capital BCA
Subscribed Capital BCA
Par Value BC
Paid-In Capital BCA
No. of Outstanding Shares BC - Share
Issued share Price
100000000820000001.00082000000820000002.400
GAM Recommendations of Corporate Actions
Dividends Information
Cash Distribution Value
Cash Distribution Ratio
Cash Distribution Record Date
Cash Distribution Last Day to Participate
Cash Distribution Payment Date
5000000.00000000006.09756100002019-05-062019-04-302019-07-02
Corporate Actions Details
Corporate Action Type
Subscribed Capital ACA
Paid-In Capital ACA
No. of Outstanding Shares AC - Share
No. of CA shares - Share
Dividend - Capital Increase/ Decrease Ratio per par value
Dividends in Shares
Issued Share Price ACA
Stock Dividends87500000875000008750000055000000.0705500000.0002.24
Company Data in case of Approving Corporate Action
Authorized Capital ACA
Par Value AC
1000000001.000




Last update date of data : 03\05\2019 1:45PM