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Qatar Cinema & Film Distribution Co.: Holds its AGM and EGM on 01/03/2021 for 2020

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Qatar Cinema & Film Distribution Co. announces that the General Assembly Meeting AGM and EGM will be held on 01/03/2021, Electronically by using Zoom application and 06:30 PM. In case of not completing the legal quorum, the second meeting will be held on 07/03/2021, Electronically by using Zoom application and 06:30 PM 

Agenda of The Ordinary Annual General Meeting

1.      To hear the statement of Board of Directors on the company’s activities and its financial position for the year ended 31 December 2020 and approving them and to discuss the company’s future business plans.

2.      To hear Auditor’s Report for the audited financials and final account for the year ended 31 December 2020 and approving it .

3.      To discuss and approve the company’s financial statement and income and loss statements.

4.      To approve the recommendation of the Board of Directors for distribution of cash dividends for the year 2020 at the rate of 10% of the nominal value of share capital, representing QR. 0.10 per share. 

5.      To Discuss and approve the Company Governance Report for the year 2020.

6.      To absolve the Chairman and members of the Board of Directors from any liability for the financial year ended 31 December 2020 and to approve their remuneration.

7.      To appoint the external auditor for the financial year 2021 and approve their fees.

Extraordinary General Assembly


(1) The Amendment in Article (4) of the Company’s Articles of Association, by extending the term of the company for another (50) years, starting from the date 15/ February / 2020.

(2) The amendment in Article (27) of the company’s articles of association, by increasing the number of the current board of directors, so that the number of board members becomes (9) members instead of (7) members.

(3) The amendment in paragraph (3) of Article (28) of the articles of association of the company, so that the minimum ownership of the company’s shares and the acquisition of the board of directors’ membership is (250,000) shares instead of (25,000) shares.