SALAM INTERNATIONAL BOD DECISIONS

From: Info-Prod Research (Middle East) | Date: February 22, 2006 | Copyright information

According to DSM News: The Board of Directors (BOD) of Salam International held its ordinary meeting on 19/02/2006 and made the following decisions: First: Financial Results for 2005: The BOD reviewed the financial results and achieved profits for the year 2005 including the profits of Salam Group, which merged recently into Salam International. The BOD decided to delay the announcement of profits for 2005 as a protection for shareholders rights until the Ministry of Economy & Commerce approves the listing of the new shares. Second: The ownership of 15% in Ejada's Company: The BOD decided to ...

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