AL-MAMOURA Co. News

1- Company announces AL-Mamoura for real estate investments by the sale of apartments with high specifications in building No. (1) adjacent to the federation of the Iraqi commercials chambers and For more information on the announcement of sale, conditions and prepare the space and the location of apartments and prices, click here.

                          Shape design of the building AL-Zaeem Street

2-The company moved to its new headquarters, located in Arsat AL-hndia Neighborhood BabyL Dist 929 st 35 House 26 and As shown in the diagram below:

3-Appeared to be in direct in AL-Ma'mourah project (AL-Bataween.1)in AL-Bataween District in AL-Zaeem Street adjacent to the project referred to in para (1) above on an area 1036M2 and been completed  fromThe ground floor and First floor ,note that The building is compsed from five floors with basement to be used as car park.

4-Sold the remaining part of the  AL-Madaen commercial cities One of the investors to Iraqis Which made the company a good profit

5- Sold the building belonging to it in AL-Karrada Dakhel District (AL-Ma'mourah project No.6) with house which beside it which had achieved to the company good profits,The building is compsed from five floors on The area of the land 725M2 in addition to the basement on the area of the building and an apartment for the guard in the staircase .

6-And also, the apurchase of a lot of land in AL-Karrada Dakhel district opposite the Endowment of Layla Khatoon had been carried out and it is with an area of 1255M2, and shortly , the setting of the designs for the project shall be carried out .

7- The general commission of the company had met on the date 26/5/2010 and the following points had been discussed :

A- The hearing to the report of the board of directors concerning the activities of the company for the financial year 2010 and its declaration .

B- The hearingv to the report of the auditor and discussing the data and final accounts for the financial year ending on 31/12/2010 confirm them .

C- The discussion and declaration of the division of the profits for the year 2010.

D- and the increase of the capital of the company according to article (55) second from the law of companies .

E-The declaration of rewarding the chairman and the members of the bord of directors and clearing their liabilities .

F-Obtain the approval of the Company general commission The liquidation of company Al-Mamoura Iraqi Investment in Jordan According to the requirements of the competent departments there.

G-Appinting the auditor of the company for the financial year 2011and to specify his wages .

The general commission had taken the following decisions :

A- been exposed and chairman of the meeting had presented summary about the activity of the company For the year ended in 31/12/2010 and the most important articles stated in the report of board of directors and the subject was exposed for discussion and because the report had been clarified in a complete way be Mr.chairman of the commission ,it was exposed for voting and the approval of the general commission And had been approved unanimously.

B- Been listening to the report Mr.auditor And discuss the data and the final accounts of the company For the year ended in 31/12/2010 And had been approved unanimously.

C- Has been And discuss Divided profits For the year 2010 And the amount of 6.5% Of the capital of the company And had been approved unanimously.

D- About increasing the capital of the company Profits derived by May view the topic for discussion And the increase is the ratio of simple And the desire of shareholders not to increase the capital of the company Which reduces the rate of profit achieved for the coming years Has been recycled to profit next year and to keep the current capital And had been approved unanimously.

E- The general commission had decided to grant Mr. chairman of the board of directors and Messrs. Members of the board of directors the reward , and the affirmation had been carried out on the decision and clearing their liability unanimously .

F-Has been phased liquidation of company Al-mamoura Iraqi real estate investment limited companies And the institution in JordanThe company began liquidation since the previous year Where requested by the competent authorities in JordanA decision by the Company General Assembly Al-mamoura real estate investment Foundation of the company in Jordan After discussion, it got him the approval of the Public Company Al-mamoura real estate investment private company on The liquidation of company Al-mamoura Iraqi real estate investment limited companies Crisis and to take measures in this regard.  

G-The approval had been obtained to apponit Mr. (Tahseen Ne'ma AL-Aridhi) as the auditor of the accounts of the company for the financial year 2010 and with wages according to the disciplines of the Accountants and Auditors Association .

Some of the present properties to the company