Barwa Real Estate Company’s issued capital will now be more than QR3.89bn, comprising 389.12mn shares of QR10 each. A decision to this effect was arrived yesterday after certain amendments to its Articles of Association (AoA) was made at an extraordinary general assembly meeting (EGM) of shareholders. The EGM, presided over by its chairman Salah bin Ghanim al-Ali, also appended certain articles to its AoA, concerning the corporate governance code issued by the Qatar Financial Market Authority. The meeting authorised the chairman with all the necessary powers to implement the resolutions and complete all the required procedure in that regard.
