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Meeting of the general assembly for the company Globalcom Telecommunications

2010-03-25

 Globalcom Telecommunications company held its the general assembly meeting in the Hall of the Intercontinental Hotel in Bethlehem, in the presence of the Board of directors and representative of the Ministry of National Economy Tariq Rabai"a on behalf of the Companies controller and the representative of Capital Market Authority Husni Naser and the Palestinian securities exchange representative Ali Abu Bakr, and Chairman of Al Quds bank Akram Abdel-Latif and the shareholders. At the beginning of the meeting that was chaired by the chairman Azzam Abdel Karim al-Shawa, Nasser Al-Lahham was selected as reporter of the meeting. Azzam Shawa delivered a speech welcoming the guests and the audience and thanked the Minister of Communications and Information Technology Dr. Mashhour Abu-Dakka for adopted the resolution No. 107 of 2009 dated 31/12/2009, which confirms to open the telecommunications market for competition and provide new services to this sector, which reflected positively on the development of the company"s commercial and competitive position. The General Manager Ibrahim Qattan presented the management report that included the completion of the company for all the design work for the entire network in central and southern regions of Palestine and the installation of towers and ground transportation network which deliver the internet service to the subscribers. The Company"s auditor Issa Shayeb read the financial report, and answered the questions and queries of the audience about the financial report. During the meeting, the administrative and financial reports and selection of Talal Abu-Ghazaleh as the company’s auditors were approved.