We, Qaboos bin Said, the Sultan of Oman
after perusal of the Basic Statute of the State issued by Royal Decree 101/96,
the Commercial Companies Law 4/74 and its amendments,
the Royal Decree 10/93 Establishing the Oman and Emirates Investment Holding Company SAOG,
and the resolution of the extraordinary general meeting of the Oman and Emirates Investment Holding Company SAOG to reduce the capital of the company held on 20 May 2002,
and in pursuance of public interest,
have decreed as follows
Article I
The text of article 3 of the Annex of the Provisions Establishing the Oman and Emirates Investment Holding Company SAOG attached to Royal Decree 10/93 is hereby replaced with the following text:
The capital of the company is 7,500,000 (seven million five hundred thousand) Rial Omani.
The percentage of shareholders’ contribution must be reduced by the same percentage as the capital reduction.
Article II
This decree must be published in the Official Gazette, and comes into force on the date of its issuance.
Issued on: 15 Muharram 1425
Corresponding to: 7 March 2004
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 763 issued on 15 March 2004.