General Assembly of Ezdan Holding Group Approves Sale of Some Investment Properties

Doha: The Annual General Meeting (AGM) of the Ezdan Holding Group approved the Board of Directors' proposal to sell certain investment properties to improve the group's cash flow. The purchase offers received by the Board of Directors shall be submitted to the next Ordinary General Assembly of the group for discussion and decision. According to a statement on the Qatar Stock Exchange, the General Assembly has also authorized the Board of Directors to do the following: Select the investment properties to be offered for sale; Assign accredited appraisers to evaluate these properties; Disclose the evaluation results (to official bodies and on the group's website); Open the opportunity for interested buyers to submit purchase offers within a specified period; Disclose the purchase offers (to official bodies and on the group's website). Source: Qatar News Agency