The ordinary general assembly of EGYPT DUTY FREE SHOPS was held on Wednesday, September 18, 2024, at 3:00 PM.
▪️ The assembly was chaired by Mr. Ashraf Ahmed Zain, Chairman of the Board.
▪️ The assembly was attended by the Board of Directors, heads of sectors, advisors, and shareholders from outside the company.
▪️ Mr. Chairman welcomed the esteemed shareholders who honored the assembly with their presence and presented the developments made in the company’s branches and the opening of new branches. All shareholders expressed their happiness with the company’s achievements amid global circumstances and affirmed their trust in the Chairman and the Board members.
▪️ The Chairman presented the financial statements for the period ending June 30, 2024.
▪️ The Chairman outlined the management’s plans for developing the company’s branches and opening new branches in the future.
▪️ He then moved on to discuss the agenda with the members of the general assembly.
▪️ The general assembly unanimously approved everything mentioned in the Board of Directors’ report and all items on the agenda.
▪️ He opened the floor for discussion with the members of the general assembly and listened to their opinions and suggestions with an open heart. None of the shareholders raised objections to any item on the agenda, and they expressed their sincere gratitude to the Chairman and the company’s employees for their outstanding performance.
▪️ The assembly approved the distribution of employee profits and the coupon returns to the shareholders.
▪️ The Chairman extended his heartfelt thanks to the outgoing Board of Directors and announced the formation of the new Board of Directors composed of:
- Mr. Ashraf Ahmed Zain Ahmed (CEO)
- Mr. Ahmed Abdel Fattah Mustafa Ahmed (Board member)
- Mr. El Sayed Mohammed Mohammed Saqr (Board member)
- Mr. Ashraf Hassan Abdel Hamid (Board member)
- Mr. Raafat Mohamed Gamal El-Din (Board member)
- Ms. Ghada Mohamed Ahmed Mustafa (Board member)
- Mr. Nasser Abdul Raouf Sadiq (Board member)
The members of the assembly extend their sincere thanks and appreciation to the Chairman of the Board, the Board of Directors, and the employees of the company for their efforts in achieving further progress and development.
All shareholders from outside the company and the employees of the company praised the sophisticated approach in preparing and organizing the general assembly.
In conclusion, the Chairman of the Board expressed his heartfelt thanks to the shareholders and members for their attendance and extended his gratitude to the Board members and the employees of the company for their support and assistance, wishing them and the company continued success and prosperity.
