Press Releases

20 March 2007

Summary of Salam International General Assembly Resolutions

  1. The General Assembly approved the Board of Directors' report on the activities of the company during 2006, including the company's future plans, authorization of Salam Bounian to invest Salam International real estate and the execution of future participation projects on fair basis between the two parties.
  2. The General Assembly approved the auditors’ report and consolidated financial statements for the financial year ended on 31/12/2006.
  3. The General Assembly endorsed the Board of Directors' recommendation and approved distribution of cash dividends, 10% of the company's paid capital.
  4. The General Assembly approved the Board of Directors' clearance and remuneration for the financial year ended on 31/12/2006 and retained the remaining profit for the next year.
  5. The General Assembly approved Deloitte & Touche as the auditors for the financial year 2007.