United Finance Company SAOG Approves Cash Dividend for the Year Ended December 31, 2012; Announces Board and Committee Changes
Mr. Waseem Salah Qaraeen representing self (independent) was elected as board member for the upcoming 3 year period. Immediately following the AGM on the same day, the board of directors met and unanimous decisions were taken with regard to the reconstitution of the board sub-committees. Mr. Eihab Maqbool Hameed Al Saleh was appointed as Chairman of the audit committee and Ahmed Mohamed Mansour, Hussam Hisham Omar Bostami and Waseem Salah Qaraeen were appointed as members of the audit committee. Shaikh Sulaiman Ahmed Al Hoqani was appointed as Chairman of the credit committee and Behram Keki Divecha and Hussam Hisham Omar Bostam were appointed as members of the credit committee.