ARAB PALESTINIAN INVESTMENT - APIC(APIC) held its ordinary General Assembly meeting meeting on 08/05/2023.
Meeting Status : Meeting hold
Disclosure Basic Information Decisions Attendance
| Meeting Content |
Meeting Decision |
| Company Symbol |
APIC |
| Currency |
USD |
| ISIN Number |
PS4010112960 |
| Meeting Date |
08/05/2023 |
| Meeting Day |
Monday |
| Meeting Time |
10:00 |
| GAM Type |
Ordinary |
| Meeting Location |
Al-Carmel Hotel, Ramallah- Palestine |
| Fiscal Year |
2022 |
| Meeting Invetation Party |
Board Member |
| Meeting adjourned Time |
10:45 |
| Meeting Chairman |
Tarek Omar A Alaggad |
| Meeting Recorder |
Fida Musleh/Azar |
| PEX Representative |
NA |
| PCMA Representative |
Murad Jadbeh |
| Controller/Registrar (or his representative)v |
Maha Hasouneh |
| Number of attending shareholders in person |
61 |
| Number of shareholders who represented by proxy |
33 |
| Number of shares represented in the meeting in person |
62709422 |
| Number of shares represented in the meeting by proxy |
12510903 |
| Total Number of shares presented in the meeting (in person and by proxy) |
75220325 |
| لإhe ratio for the shares presented to the company total No. of shares% |
67.2 |
| Last Updated Date of Agenda |
13/04/2023 11:39:31 AM |
Agenda
- Review and ratify the company’s Board of Directors report for the year 2022. To view APIC
.
Stock Dividends
- Share dividends amounting to 5 million shares, representing around 4.46%.
.
Cash Distribution
- Cash dividends amounting to USD 10 million, representing around 8.93%.
.
Company Data Before Corporate Action
| Authorized Capital BCA |
Subscribed Capital BCA |
Par Value BC |
Paid-In Capital BCA |
No. of Outstanding Shares BC - Share |
Issued share Price |
| 125000000 |
112000000 |
1 |
112000000 |
112000000 |
3.7 |
GAM Recommendations of Corporate Actions
Dividends Information
| Cash Distribution Value |
Cash Distribution Ratio |
Cash Distribution Record Date |
Cash Distribution Last Day to Participate |
Cash Distribution Payment Date |
| 10640000 |
0.095 |
10/05/2023 |
07/05/2023 |
19/06/2023 |
Corporate Actions Details
| Corporate Action Type |
Subscribed Capital ACA |
Paid-In Capital ACA |
No. of Outstanding Shares AC - Share |
No. of CA Values |
Dividend - Capital Increase/ Decrease Ratio per par value |
Dividends in Shares |
| Stock Dividends |
117000000 |
17000000 |
117000000 |
5000000 |
0.0446428571 |
4999999 |
Company Data in case of Approving Corporate Action
| Authorized Capital ACA |
Par Value AC |
| 125000000 |
Comments