Palm Hills Developments To Hold Extraordinary Shareholders’ Meetings On May 13, 2018
Shareholders of Palm Hills Developments ("PHD" or "the Company") are invited to attend an Extraordinary Shareholders’ Meetings on Sunday May 13, 2018 at 3:00 pm Cairo local time, in Novotel Hotel, Laseen ballroom, 6th of October City, Cairo, Egypt, to deliberate on the following agenda:
- Approve an extension of the Employees Stock Ownership Program ("ESOP") in accordance with the ministerial decree number 282 for the year 2005 which amended some of the executive regulations related to shareholding companies, whereby the ESOP was approved by Financial Regulatory Authority on May 14, 2015 at the same terms and conditions.