Arab co. For Livestocks development
CREATIVE EVENTS
The company shall be managed by a Board of Directors consisting of twelve members at most or ten members at least who shall be chosen by the General Assembly from among the nominees of the shareholding parties in such a manner that the number representing each party corresponds to its shareholding in the capital A Board member is required to represent the ownership of at least five hundred shares. Each group of shares amounting to the said number are entitled to representation in the Board of Directors by one member even if these shares are not individually owned. The term of office of members of the Board shall be limited to three years and is renewable, except for first Board whose term shall be five years.
Establishment and Objectives
The company shall perform all technical, agricultural, industrial and commercial activities concerned with the production, processing, transport and marketing of animal products and feeds, materials, equipment, machinery and appliances essential for its objectives in addition to carrying out studies, the preparation of specifications and providing of consulting services both for its own purposes and for others.
Shareholders
State Name
No. of Shares
% Stake
Saudi Arabia
1000
% 16.8
Emirates
1000
% 16.8
Kuwait
1000
% 16.8
Iraq
1000
% 16.8
Qatar
600
% 10.2
Syria
500
% 8.4
Egypt
500
% 8.4
Sudan
100
% 1.7
Arab Investment Company
100
% 1.7
Jordan
50
% 0.8
Yemen
50
% 0.8
Somalia
50
% 0.8
