Qatar Cinema & Film Distribution Co. announces the results of the AGM and EGM. The meeting was held on 08/03/2026 and the following resolutions were approved:
The Ordinary Annual General Meeting:
1 Approval of the statement of the Board of Directors on the company’s activities and its financial position for the year ended 31 December 2025 and the company’s future business plans.
2 Approving the Auditor’s Report for the audited financials and final accounts for the year ended 31 December 2025, and hearing and approving the independent Auditor’s report on the corporate governance system, and approving them.
3 Approval of the company’s financial statement and profit and loss statements for the financial year ended 31/12/2025.
4 Approval of the recommendation of the Board of Directors for the distribution of cash dividends for the year 2025 at the rate of 10% of the nominal value of the share capital, representing QR 0.10 per share.
5 Approval of the Company’s Governance Report for the year 2025.
6 Discharging the Chairman and members of the Board of Directors from any liability for the financial year ended 31 December 2025, and approving their remuneration and the remuneration of the Company’s senior executive management.
7 Appointment of M/s Talal Abu-Ghazaleh & Co. as External Auditor for the financial year ending 31/12/2026.
Extraordinary General Assembly:
The Extraordinary General Assembly approved the proposed amendments to the Company’s Articles of Association to ensure their compliance with the new Corporate Governance Code issued pursuant to the Resolution of the Board of Directors of the Qatar Financial Markets Authority No. 5 of 2025.