National Leasing Holding announces the results of the EGM. The meeting was held on 26/02/2024 and the following resolution were approved
The restructuring of the company’s equity by setting off the entire accumulated losses, amounting to QAR 152,573,224 as of 31 December 2022, from the legal reserve’s balance of QAR 350,158,059 as of 31 December 2022, and authorized the Chairman or the CEO, to follow up on all regulatory requirements regarding the equity restructuring, including but not limited to submission of applications, following-up and obtaining approvals from the Ministry of Commerce & Industry, Qatar Financial Authority, Ministry of Justice, and all other regulatory bodies.
