Amman, April 2018 – The OFFTEC Holding Group’s (OHG) Shareholders General Assembly has elected a new Board of Directors, an election process which takes place every four years, during the Ordinary General Assembly Annual Meeting. The 2017 meeting was held on Wednesday 25 April, 2018 at the Landmark Amman Hotel.

The meeting was chaired by OHG Chairman Elias Baddour, in the presence of the Board of Directors and shareholders, OHG CEO Basim Said, OHG CFO Dr. Nabil Nasser, a representative of the Companies Control Department from the Ministry of Industry and Trade Mohammed Al-Tourman, and the external auditor Walid Taha.

During the meeting, the General Assembly discussed the consolidated statements for the year ended 31 December 2017, and the future plans of OFFTEC Holding Group. The election of an independent accountant for the fiscal year 2018 was also discussed. Additionally, the Board of Directors' recommendation for a dividend distribution of 5%, was approved.