Methaq BOD meeting Jan09

[sharewadi]

Methaq Takaful Insurance (METHAQ) minutes from BOD meeting yesterday. They will release 2008 FY results on Wednesday 21 January 2009 (doesn't say if before or after trading session). See also UAE result dates. Am I imagining things or is the proportion of disclosures in both Arabic and English increasing for UAE companies? Encouraging if yes .

Methaq Takaful 19 January 2009:

Date: 19/01/2009 Ref: 10/1/ADX/2009 Mr. Khaled Khalfan Alsuwaidi Head of listed companies Department Abu Dhabi Securities Exchange Mrs. Maryam Biti Al Suwaidi Deputy of director for legal affairs, issuing and research Securities & Commodities Authority Subject: Decisions of Board of Directors meeting on 18th Jan 2009 Dear Sir, With reference to the above subject, we would like to inform you that the meeting of Board of Directors was held as decided on Sunday 18th Jan. 2009 at 6:00 PM. The Board of Directors has resolved to: 1. Approve the financial statements for the period ended on December 31, 2008. 2. Accept the resignation of the Board of Directors members Mr. Saeed Mohamed Al-Muhairi and Mr. Fayez Saleh Bin Mahfouz. 3. Appoint Mr. Ali Zaal Saeed Al­ Mansouri and Mr. Helal Hasan Helal Obeid Al-Rumaithi as members of Board of Directors as representative of Bin Salem Group. The appointment will be presented to the Ordinary General meeting at its first meeting to approve it. The disclosure will be on 21/01/2009 for the audited financial statements for the period ended on December 31, 2008. Best regards, Abdullah Alotaibi Managing Director

_________________
UAE IPO list | posting guidelines