01 مارس 2021 م
18 رجب 1442 هــ
English
المكتتبون
النسبة المئوية المساهم بها
عدد الأسهم
القيمة الاسمية (ر.ق)
حكومة دولة قطر
10%
3,600,000
36,000,000
الشركة المتحدة للتنمية ش.م.ق
45,9%
16,524,000
165,240,000
دريجنك انفايرومينتال آند مارين انجينيرينج ان في
44,1%
15,876,000
158,760,000
المجموع
100%
360,000,000
المبلغ المدفوع امتداداً 25%
9,000,000
الشركة المتحدة للتنمية
41,310,000
دريجنك انفايروميتال آند مارين انجينيرينج ان في
39,690,000
90,000,000
شاهد
الموثق
رئيس قسم التوثيق
الاسم:
الجنسية:
بطاقة شخصية رقم:
التوقيع:
This Memorandum of Association of Qatar Dredging Company QSC is madeBETWEEN1. THE GOVERNMENT OF THE STATE OF QATAR represented by the Supreme Council for Economic Affairs and Investment of P.O. Box23224, Doha Qatar;2. UNITED DEVELOPMENT COMPANY QSC, a joint stock company incorporated under the laws of the State of Qatar, registered in the Commercial Register under number 22980 and having the postal address of its principal office at P.O. Box 7256, Doha, Qatar (referred to herein as "UDC"); and3. DREDGING ENVIRONMENTAL AND MARINE ENGINEERING N.V., a company incorporated with limited liability under the laws of Belgium having the address of its principal office at Haven 1025, Scheldedijk 30, B-2070 Zwijndrecht, Belgium (referred to herein as “DEME”);together referred to herein as the Subscribers”.It is hereby agreed as followsArticle (1)The Subscribers hereto will incorporate a Qatari Joint Stock Company (the "Company") in accordance with Law No. 5 of 2002 and, in particular, Article 68 thereof. The Articles of Association attached to this Memorandum are deemed to be incorporated into and form a part of this Memorandum.Article (2)The name of the Company shall be "Qatar Dredging Company" QSC.Article (3)The objectives of the Company are:-(a) to execute contracts for marine construction such as:-(i) Dredging and clearing sea beds, river beds, waterways, harbours, etc;(ii)Reclamations and backfilling;(iii) Marine drilling from jack-ups;(iv) Soil treatment techniques and application of cleaning techniques on soils:(v) Silt, mud and sludge treatment techniques;(vi) Protection of submerged pipelines;(vii) Underwater erosion protection techniques and harbour bottom protection; and(viii) Salvage and wreck removaltogether referred to as the "Services"; and(b) to own and deal with movable and immovable property and leasehold interests in movable or immovable property;(c) to borrow money and enter into financial transactions of any kind and to give security for its obligations;(d) to indemnify any persons giving guarantees for the benefit of the Company;(e) to act as a holding company; and/or(f) to perform any other acts that are necessary for the implementation of the Services and that are not contrary to this Memorandum and Articles of Association or the laws of the State of Qatar.Article (4)The principal office of the Company shall be located in Doha, State of Qatar. The Company may establish branches, offices, agencies or other representations inside and outside the State of Qatar.Article (5)The term of the Company shall commence on the date on which it is incorporated and end on the twenty fifth (25th) anniversary of the date of its incorporation or such other date as shall be approved by a resolution passed at an Extraordinary General Assembly of the Company in accordance with the Articles of Association.Article (6)6.1 The authorised share capital of the Company is three hundred and sixty Million Qatari Riyals (Qr 360, 000,000) consisting of thirty six million (36,000,000) shares with a nominal value of ten Qatari Riyals (Qr 10) each.6.2 The share capital may be increased, reduced or modified by a resolution passed at an Extraordinary General Assembly of shareholders of the Company in accordance with the Articles of Association.Article (7)7.1 The Shares will be distributed as follows:
Shareholder
%Share Holding
No.of Shares
Nominal Value (QR)
Government of the Stat of Qatar
3,300,000
UDC
45.9%
165.240.000
DEME
44.1%
Total
36.000.000
360.000.000
7.2 The Shareholders have agreed to pay 25% of the nominal value of shares subscribed for representing the sum of QR 90,000,000. This will be paid up in cash as follows:
%Sharehol ding
Paid-Up Initial25% (QR)
Government of the State of Qatar
16.524.000
41.310.000
15.876.000
39.690.000
90.000.000
7.3 The balance of the authorised share capital will be paid up in cash by the Shareholders thereafter in such installments and at such times as the Board shall resolve.Article (8)This Memorandum of Association is written in Arabic and in English in six (6) originals. Each of the Subscribers shall have one (1) original, one (1) original will be deposited with the Ministry of Economy and Commerce to apply for the requisite permission, one (1) original will be deposited with the Ministry of Justice and one (1) original shall be retained at the principal office of the Company.Signed for and on behalf ofTHE GOVERNMENT OF THE STATE OF QATARRepresented byThe Supreme Council for Economic Affairs and InvestmentBy: _______________ Name: _____________ Title: ______________ Signed for and on behalf of UNITED DEVELOPMENT COMPANY QSCBy ________________Name: _____________Title. ______________ Signed for and on behalf ofDREDGING ENVIRONMENTAL AND MARINE ENGINEERING N.V.By: _______________ Name: ____________Title: ______________