Qatar General Insurance & Reinsurance announces the final transformation of General Takaful Company from a Limited Liability Company to a Qatari Private Shareholding Company

Qatar General Insurance & Reinsurance announced the convention of the Constituent General Assembly Meeting for General Takaful on Sunday 11^th February 2018, whereby the following was adopted:

• Approving the Company’s Articles and Memorandum of Association.
• Approving the valuation prepared by the External Expert appointed by the Ministry of Economy & Commerce, adopted on 02/12/2017.
• Announcing the final change of General Takaful from a Limited Liability Company to a Qatari Private Shareholding Company.
• Approving the Company’s transformation fees from a Limited Liability Company to a Qatari Private Shareholding Company.
• Approving the appointment of an External Auditor and determining his fees, after obtaining the approval of Qatar Central Bank.