YEMEN ISLAMIC INSURANCE COMPANY
Updated 66 days ago
4. The General Assembly approved the financial statements for the financial year ended 31/12/2014 The Ordinary General Assembly approved the Board of Directors proposal on the distribution of the profits of the shareholders account to the shareholders of (154,847,425 Yemeni Riyals) at 31% of the paid up capital of YR 500 million. The Ordinary General Assembly approved the proposal of the Board of Directors regarding the distribution of the insurance surplus realized in the accountholders account of the customer brothers amounting to (150,639,771 Yemeni Riyals) at 13% of the total net result of the activity for each client. 7. The Ordinary General Assembly authorized the Companys Board of Directors to appoint an auditor for the Company for the year 2015, as well as determining its fees. The extraordinary general meeting of the Islamic Yemen Insurance Company (SAI) held its fifth meeting at the same time and place. The attendees attended (72%) of the capital and the meeting was devoted..