29 يناير 2023 م
08 رجب 1444 هــ
English
النظام الأساسيشركة قطر لتسويق وتوزيع الكيماويات والبتروكيماويات(كيُو أم دي سي)"شركة مساهمة قطرية"
الإسم
الصفة
1. سعادة د. محمد بن صالح السادة
رئيس المجلس
2. السيد/ عبد الرحمن أحمد الشيبي
نائباً للرئيس
3. السيد/ عبد الرحمن علي العبد الله
عضواً منتدباً
4. السيد/ سعد عبد الله الكواري
عضواً
5. السيد/ علي ناصر تلفت
باسم ونيابة عن حكومة دولة قطر
التوقيع: .................
الإسم: د. محمد صالح السادة
الصفة: وزير الطاقة والصناعة
أنا الموقع رئيس قسم التوثيق اقر انه في الساعة 10 الدقيقة / / بتاريخ / / 14هـ الموافق 12/6/2012م قد حضر أمامي الأشخاص الموقعون اعلاه وابرزوا هذا المحرر طالبين توثيقه فدققت فيه وفي اهليتهم وهويتهم فلم اجد مانعاً شرعياً قانونياً من توثيقه فتلوته عليهم وافهمتهم مضمونه فأقروه ووقعوه امامي بحضور الشاهدين الموقعين.إن إدارة التسجيل العقاري والتوثيق غير مسئولة عن محتويات هذا المحرر وعن الالتزامات الناشئة عنه.
شاهد
الموثق
رئيس قسم التوثيق
الاسم:
الجنسية:
بطاقة شخصية رقم:
التوقيع:
مدير إدارة التسجيل العقاري والتوثيق
Article (1)FormationThis Company has been established, A Qatari Joint Stock Company (the “Company”) in accordance with Article (68) of the Commercial Companies Law, and the Memorandum of Association and these Articles of Association, and the Commercial Companies Law No. (5) of 2002 in relation to those matters not covered by the Memorandum of Association and these Articles of Association.Article (2)Name of the CompanyThe name of the Company is Qatar Chemical and Petrochemical Marketing and Distribution Company (QMDC) “a Qatari Joint Stock Company”.Article (3)The Company PersonalityThe Company acquires legal personality from the date of issuance of the ministerial decree founded.Article (4)Purpose of the CompanyThe purpose of the Company is to market, distribute, trade, purchase and sell chemical and petrochemical products and other products associated therewith or ancillary thereto inside and outside the State of Qatar.In pursuance of the purpose listed above, the Company shall have the power to:-1. Store, export and trade in chemical and petrochemical products and other products associated therewith or ancillary thereto.2. Enter into contracts in its own name for the storage, marketing, purchasing, distribution, trading, selling, and importing for export of any of the substances and products within the purpose of the Company.3. Provide marketing-related consultation, technical, administrative, and other marketing services to third parties.4. Own or lease facilities, or movable and immovable property related to the achievement of the purpose of the Company.5. Conduct activities that promote the chemical and petrochemical industry in the State of Qatar.6. Establish companies or to participate in their establishment or to have an interest in organizations, companies and entities undertaking activities similar or related to that of the Company which may help achieve its purpose whether in Qatar or abroad.7. Acquire finance, loans, facilities, guarantees and the warranties necessary to undertake its activities in any way.8. Give guarantees and security for the obligations of any person and to indemnify any persons giving guarantees for the benefit of the Company.9. Issue shares, bonds or other securities to the public.10. Generally undertake any and all lawful business, activities or dispositions necessary to achieve the foregoing as permitted by applicable law and the Articles of Association.Article (5)Head officeThe registered office of the Company and its legal residence shall be located in Doha, the State of Qatar. The Company may, by a resolution of the Board of Directors, change the legal residence of the Company to another location in the State of Qatar. The Company may, by a resolution of the Board of Directors, establish subsidiaries, branches, offices, warehouses and other representations in Qatar or abroad.Article (6)Term of the CompanyThe term of the Company shall be fifty (50) years commencing from the date of issuance of the decision of the Minister of Business and Trade authorizing the establishment of the Company.The term of the Company may be extended by a decision of the General Assembly.
Name
Title
1. HE Dr. Mohammad Bin Saleh Al-Sada
Chairman
2. Mr. Abdulrahman Ahmad Al-Shaibi
Vice Chairman
3. Mr. Abdul Rahman Ali Al Abdulla
Member & Managing Director
4. Mr. Saad Abdulla Al-Kuwari
Member
5. Mr. Ali Nasser Telfat
Article (40)Financial YearThe Company's financial year shall commence on the first of January and shall end on 31 December of each year. However, the first financial year of the Company shall commence on the date of its incorporation and shall end on 31 December in the year following.Article (41)Budget and Annual Report PreparationThe Board shall prepare the budget of the Company and the profits and loss account for each financial year not more than 6 months from the date of expiration of the financial year. The Board shall also prepare a report on the activities of the Company during the financial year and the Company's financial position at the end of the same year to be presented to the General Assembly.Article (42)Books of AccountBooks of accounts of the Company and reports shall be kept at the Company's head office. The auditor and the Board shall have full access to such books of account and to all records of the Company at all reasonable times.Article (43)Distribution of ProfitsThe annual net profits of the Company shall be distributed after deduction of general expenses and other costs as follows:1. The Company shall allocate ten percent (10%) of the net profit for each year to the compulsory reserve until such reserve amounts to one hundred percent (100%) at least of the issued capital or as otherwise decided by the General Assembly. Once such reserve becomes less than the above referenced percentage, the deduction to the net profits shall be resumed until the reserve reaches that percentage.2. The balance of net profits shall be paid to the Government in the account determined by the Minister of Energy and Industry.Article (44)Winding Up of the CompanyThe Company shall be wound up upon occurrence of any of the following events:(a) The expiry of the period fixed for the duration of the Company unless the General Assembly decides to review or extend the term.(b) The issue of a court order dissolving or liquidating the Company.(c) Dissolving the Company prior to expiry of its term or its merger into a company, corporation or any other organization pursuant to a decision by the General Assembly,In case of loss by the Company of half of its capital, the General Assembly shall decide on whether the matter entails dissolution of the Company prior to its fixed term, or to reduce its capital or to take any other appropriate arrangements and measures.Article (45)LiquidationUpon expiration of the term of the Company or in the event of the Company dissolution prior to its fixed term, the General Assembly shall determine a way to liquidate the Company, to appoint a liquidator or more and to determine his or their authorities.Signed for and on behalf ofThe Government of the State of QatarBy:.................
Name: Dr. Mohamed Saleh Al-Sada
Title: Minister of Energy and Industry