The Extraordinary General Assembly Meeting (EGM) of QIIB, which was scheduled to be held yesterday was postponed due to lack of quorum. The meeting will now be held on December 5, 2016.
There are two agenda for the Meeting which included amendment in Article 7 regarding the ownership ceiling limit; and authorizing the QIIB Chairman/Managing Director to sign the new Articles of Association after the new amendments and to complete all the procedures to publicise the new amendments, a statement issued by the bank noted. The next meeting will be held at 430pm, at Ezdan Tower