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The general assembly for WASSEL approves the financial and management reports for last year.

2008-05-19

The general assembly for "Palestine Distribution & Logistics Services Company" had approved the financial and management reports for the year 2007, and discharges the board of directors" members, in addition to renewing electing Ernst & Young as their external auditors. This was within the general assembly of WASSEL that had been held yesterday in Ramallah in Grand Park Hotel, with the presence of board of directors" chief DR.Abdulmalik Al-Jabir, The CEO Mr. Odeh Zaghmori, the companies" inspector from national economy ministry Mr.Nizam Ayoub, in addition to related institutions and bank"s representatives. The companies" inspector announced that %52 from aggregate shareholders had attended the meeting. Al-Jabir stated that the company"s revenues for the year 2007 reached JD 4.82 million, assuring that WASSEL had spread in the Palestinian market, noting that the company"s business had extended to other surrounding countries.