Masraf Al Rayan’s EGM approves amendments to statute

Doha – Mubasher: Masraf Al Rayan’s extraordinary general meeting (EGM) agreed on Sunday on amending the bank’s statute to comply with  the commercial companies law no. (11) of 2015.  

The EGM also approved the adjusted copy of the bank’s articles of association which was approved by the ministry of economy and Commerce and Qatar Central Bank, according to a bourse filing released on Monday.

The stock declined after an hour of trading in the Qatar Stock Exchange (QSE) by 1.03% to QAR 33.7 as 23,500 shares were exchanged at QAR 790,510 through 32 transactions.

Mubasher Contribution Time: 27-Jun-2016 08:37 (GMT)
Mubasher Last Update Time: 27-Jun-2016 08:37 (GMT)