Disclosure: Resolutions of the Ordinary General Meeting
Sohar Power Company SAOG is pleased to inform the Muscat Securities Market and the investors’ community on the resolutions adopted in the OGM held on 26 February 2019 at the Qurum Resort, Muscat, Sultanate of Oman :
1. The Board of Directors is authorised to submit a binding bid (“Binding Bid”) to the Oman Power and Water Procurement Company SAOC (“OPWP”) in connection with the Power 2022 Procurement Process (“REPPQ 2022”).
2- The Guarantee provided by the related party “Primary Sponsor Guarantee” to be furnished to the OPWP on behalf of the Company in accordance with the requirements of the REPPQ 2022 and including any financial obligations was approved.
3- The Board of Director of the Company is authorised entering into the Power Purchase Agreement in connection with the REPPQ 2022 on behalf of the Company and to do all other acts, sign all documents and file and register any documents with any relevant authority and obtain consents and approvals on behalf of the Company and the Shareholders which may be deemed appropriate or necessary in connection with the REPPQ 2022.
4- Ms. Miriam Khalaf was elected as a new member in the Board of Directors.