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Palestine Telecommunications Company' Board of directors meeting results



The board of directors of the Palestinian telecommunications company had been held on 4/3/2009 and its resolutions were as follows:

* To approve the minutes of previous meeting.
*The board decided to approve the recommendation for the general assembly to distribute profits by 25% of the par value of the share.

*The board decided to resume the trading on the company"s shares.

*The board decided to cancel the irregular general assembly because of the lack of access to the necessary approvals.

*The board decided to approve the resignation of the Chief Executive and the appointment of Kamal Abu Khadija as acting Chief Executive.





High liquidity level raises the market's trading volume this week

PICO approves raising the paid-capital to $6 million

TIC approves raising the paid-capital to $10.00 million

Active Trading with the increase of semi-annual financial data anticipation

LADAEN restructures itself and establishes a new company

Al-Quds Index breaks through new psychological level and gains 2.99% in this week



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