Wataniya Airways invited its shareholders to attend its Annual General Meeting (AGM) for the financial year ended 31 December 2020. The AGM will be held on Wednesday 8 March 2023 at 1:00 p.m. at the Convention Center located in Kuwait Free Zone, Movenpick Hotel, Noura Hall, to discuss the items listed on its agenda, as follows:
Hear and approve the Board of Directors’ report for the financial year ended 31 December 2020.
Hear and approve the auditor’s report for the financial year ended 31 December 2020.
Discuss and approve the financial statement for the financial year ended 31 December 2020
Hear the violations and penalties report issued by the regulatory authorities.
Hear the related parties’ transactions report that took place in 2020 or that will take place the following year.
Discuss the Board of Directors’ recommendation not to distribute dividend for the financial year ended 31 December 2020.
Discuss the Board of Directors’ recommendation not to pay renumerations to board members for the financial year ended 31 December 2020.
Authorize the Board of Directors to sell and mortgage the company's real estate properties, execute guarantees, arbitration, conciliation, donations, open bank accounts, and borrow to finance the company's requirements.
Discuss absolving and releasing board members from all matters related to their legal, financial, and administrative actions for the financial year ended 31 December 2020
Discuss the appointment or reappointment of the Company’s auditor for the financial year ending 31 December 2021 and determine their fees. The company said that in the event that the quorum wasn’t met, the AGM will be postponed until, 23 March 2023, at 3:00 p.m. at the same place.