Dallah announces the results of its fourth Ordinary General assembly Meeting

Dallah healthcare holding announced today on tadawul the following decisions made in  its fourth Ordinary General assembly Meeting held on 21/4/2013:

1-  Approving the board of director's annual report, Auditor's report and Audited financial statements of the company as of 31/12/2012 as well as discharging the BOD members of responsibility for the fiscal year ended 31/12/2012.

2- SAR 70.8m (15% of paid in capital) dividends was declared as recommended by the BOD for registered shareholders at the end for the meeting day at SAR 1.5 per share.

3- Approving an end-of-year bonus to the BOD members of SAR 1.8m at SAR 200,000 for each member

4- The appointment of Price Waterhouse Coopers (PWC) accounting firm to audit the financial statements for the year ending 31/12/2013 , interim financial statements of the year 2013 and the determination of their fees.

5- Allowing two board members to own material shares in some competing companies.

6- Approving all related parties transactions that have taken place during the fiscal year of 2012 even though some of these transactions have started before the year in question.

7- Approving the selecting criteria's of the BOD's members and committees' members, their membership durations, procedures and policies.

8- Approving the  suspension of allocating 10% of net profit to the statutory reserve following the company's bylaw since the reserve has already reached 50% of total capital