Mubasher: Widam Food Company on Thursday said that its extraordinary general meeting (EGM) had approved amending the provisions of the Articles of Association in a bid to comply with the Corporate Governance Law, in addition to other legal entities.

The company amended 13 articles, according to a statement to the Qatar Stock Exchange (QSE).

The chairman or his deputy are also authorised to take all the necessary procedures to complete publications of amendments in the Official Newspaper.

It is worth noting that Widam’s profits rose 16.2% to QAR 26.67 million for the first quarter of 2018, from QAR 22.95 million in Q1-17.

Source: Mubasher

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