Medicare Group announces that the postponed Ordinary General Assembly meeting of Medicare Group for the financial year ended on 31st December 2024 was held this evening, Wednesday, April 16, 2025, electronically using the Zoom application. Hence, the AGM has discussed the AGM agenda. The results of the meeting are as follows
The General Assembly endorsed the Board of Director’s Report on the Company’s activities and its financial position over the fiscal year ended on 31/12/2024 and Future business plan of the company
The General Assembly endorsed the External Auditor’s report on the Company’s balance sheet and on the final accounts for the fiscal year ended on 31/12/2024
The General Assembly endorsed the Company’s balance sheet, profit and loss statement for the fiscal year ended on 31/12/2024
The General Assembly endorsed the Board of Directors’ recommendation to distribute cash dividends of 19.80 % of the nominal value of the share (i.e. QR 0.198 per share)
The General Assembly approved the remuneration policy of the Board of Directors, its committees, senior executive management and company employee
The General Assembly discharged the members of board of Directors from liability for the financial year ended on 31/12/2024; and endorsed their remuneration
The General Assembly endorsed the Company’s Governance Report for the Year 2024. It also heard and approved the external auditor’s report on the company’s compliance with the Qatar Financial Markets Authority’s law and relevant legislations, including the Governance Code for Companies and Legal Entities Listed on the Main Market
The General Assembly appointed KPMG as External Auditor for the financial year 2025 and approved their fees
The General Assembly approved the recommendation of the Board of Directors to top-up the withdrawn amount of the charitable fund allocated for the medical treatment of cases that are unable to bear the costs of the treatment. The said fund was previously approved by the company’s Ordinary General Assembly in the amount of one million Qatari Riyals. The General Assembly authorized also the Chairman of the Board of Directors to dispose of the amount