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Annual general meeting resolutions
Date Posted : 30/03/2009
Source : MSM

With reference to the Annual General Meeting of Raysut Cement Company (SAOG) which was held on Monday 30th March 2009.

We would like to inform you that the following resolutions were passed in the meeting:

1-The shareholders approved the Board of Directors Report for the financial year ending 31st December 2008.

2- The shareholders approved the Corporate Governance Report for the financial year ending 31st December 2008

3- The shareholders approved the Auditors Report, the Profit and loss Account, and the Balance sheet for the financial year ending 31st December 2008

4- The shareholders approved the Board of Directors recommendation to distribute cash dividends at the rate of 100% of share capital of the company (being 100 Baisa per share).

5- The shareholders approved the sitting fees of the Directors and Audit committee for the previous year and fix the sitting fees for the next financial year ending 31st December 2009.

6- The shareholders approved the Board of Directors’ remuneration of RO 186.200 for the financial year 2008.

7- The shareholders approved donations to be paid by Board of Directors at a maximum of about RO.50000.And approved the donation paid during 2008.

8- The shareholders approved the Related party Transaction for the financial year ending 31st December 2008 .

9-The shareholders approved the proposed Related Party Transaction during the financial year ending 31st December 2009 .

10- Election of the new members of the Board of Directors.

11- The shareholders appoint M/S Deloitte & Touche (M.E)to Audit the financial statements for the year ending 31st December 2009 and fix their fees.

Invitation to attend annual general meeting
Date Posted : 19/03/2009
Source :

The Board Directors of Raysut Cement Company(SAOG)are delighted to invite the shareholders of the company to attend Annual General Meeting scheduled to be held at 10 AM on Monday 30th March 2009 at Hamdan Plaza Hotel, 4th. floor at Salalah to discuss Following Agenda :

1- To review and approve the Board of Directors Report for the financial year ending 31st December 2008.

2- To review and approve the Corporate Governance Report for the financial year ending 31st December 2008.

3- To review and approve the Auditors Report, the Profit and loss Account, and the Balance sheet for the financial year ending 31st December 2008.

4- To review and approve the Board of Directors recommendation to distribute cash dividends at the rate of 100% of share capital of the company (being 100 Baisa per share) .

5- Approve the sitting fees of the Directors and Audit committee for the previous year and fix the sitting fees for the next financial year ending 31st December 2009 .

6- To review and approve the Board of Directors’ remuneration of RO 186.200 for the financial year 2008 .

7- To review and approve donations to be paid by Board of Directors at a maximum of about RO50000.And inform the share holders about the donation paid during 2008.

8-Inform the share holders of the Related party Transaction for the financial year ending 31st December 2008.

9- To review and approve the proposed Related Party Transaction during the financial year ending 31st December 2009.

10- To elect new Board of Directors for the company and interested nominees are required to submit their application to the company 2 working days prior to the AGM date (latest by 26 March 2009) and no application will be accepted after this date.

11- Appointment of the Auditors for the financial year ending 31st December 2009 and fix their fees.

Pursuant to the Articles of Association of the company, every shareholder may authorize any other person to attend the AGM on his behalf and vote on any resolution. Please attend to the meeting venue at least half-an hour before the meeting.

If you have any queries you may please contact Mr. Adel Yonus Mahmoud Tel.23219249.With

Release of Audited Accounts and Reports for the F.year ended 31 December 2008
Date Posted : 03/03/2009
Source :

This is To inform you that Raysut Cement Company (SAOG) sent The financial Audited Accounts and Auditors Reports and other reports for the year ended 31st.December 2008 to MSM website through the electronic transmission system .

Mohd Ahmed Al Dheeb Cheif Executive Officer

Disclosure of material information and cash dividend distribution for 2008
Date Posted : 26/02/2009
Source : MSM

We would like to inform you that the Board of Directors of Raysut cement company (SAOG) held the first meeting in this year on 26th. February 2009 and has approved the audited financial statements for the year ended 31st.December 2008 , and proposed a cash dividend distribution of 100% of the paid up capital for the financial year ended 31st.December 2008.( last year 100% of the paid up capital) This proposal is subject to the approval of the of shareholders in the Annual General Meeting which will be held on 30th. March 2009. The Company has earned a net profit of RO 27.107 million in 2008 as against RO 30.120 million in 2007 .

Mohd Ahmed Al Dheeb Chief Executive Officer

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