16 December 2014 Press Release on the Outcomes of SIIL Board of Directors Meeting Held on 15/12/2014

The Board of Directors (BOD) of Salam International Investment Limited (SIIL) held its meeting on Monday, 15/12/2014 and passed the following resolutions:

  1. Amendment of Article (8) in the Statute of the Company:

 BOD decided to invite the General Assembly to convene an extraordinary meeting  to approve  the amendment of Article (8) of the  Bylaw, which entails setting  a minimum for  shareholding in the company, in all cases, to 100 shares  per shareholder .

     2.    Implementation of Previous Resolutions:

 BOD discussed other issues and followed up on the execution of previous resolutions of which include plans for SIIL's subsidiaries and business units.

Dr. Adnan Steitieh

Secretary to the Board of Directors

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