MSM CONDUCTED DISCUSSION MEETING ABOUT SMC
Muscat Securities
Market (MSM) entertained Salalah Mills Co. (S.A.O.G)
in a discussion session about the Company
achievement and future plans and projects on
Wednesday 7th of October 2009.
The discussion
was opened with a welcome speech by, Eng.
Abdulrahman Barham ,the member of the Board of
Directors of the Company, after which Mr. Ahmed
Alawi Al Dhahab, the Company General Manager,
gave a detailed review on the Company growth
since establishment.
Mr. Ahmed Alawi
Al Dhahab assured Company commitment to the
Quality from the first day of its establishment
and the Quality certificates obtained by the
company such as; ISO 9001 in 1999, HACCP 2000,
ISO 14001 for the environment in 2007 and ISO
22000 for the food safety in 2008.
Mr. Ahmed Alawi
Al Dhahab, shed the light on the Company new
plans for increasing the Milling capacity, where
the first phase has started with constructing a
new combined Mill which can produce Durum
Semolina at a capacity of 250 MT/Day or Flour at
a capacity of 340 MT/day. This expansion will
help the Company to provide the requirement of
Durum Semolina and wheat flour to Salalah
Macaroni Company, which Salalah Mills Company
own 64% of its shares. In addition, the Company
has plans to increase its wheat storage capacity
and its milling capacity in the second phase of
its expansion plan.
The discussion
meeting was attended by number of managers
representing; Muscat Securities Market, Capital
Market Authority, Investment Funds. In addition
to investors and journalists.
Salalah Mills Co. SAOG Supports Al Noor
Association For The Blind
In light of
interest, the Board of Director of Salalah Mills
Co. SAOG shows toward the local Associations,
Salalah Mills Co. donated number of Hal pens and
laptop computers worth R.O 3000 to Al Noor
Association For The Blind.
Mr. Ahmed Alawi
Al Dhahab the General Manager of Salalah Mills
Co. presented the donation to the Association
Vice President. In the context, Mr. Al Dhahab
emphasized on Salalah Mills Co. rule toward the
Society and the local association in order to
support them in their rule in the community.
Mr. Al Dhahab
explained the importance of the Hal pens
technology to the Blind and how it make the
internet technology accessible by the Blind and
the simplicity of using it.
Salalah Mills Co. (SAOG) signs a contract to
purchase a combined Mill for Semolina and Flour
Salalah Mills Co.
(SAOG) singed a contract with M/s. Buhler AG,
Switzerland for the supply and installation of
a new combined Mill for Semolina and Flour
Production. Mr. Ahmed Aalwi Abdullah Al Dhahab,
General Manager signed the contract on behalf of
Salalah Mills Co. (SAOG). Mr. Al Dhahab
expressed his happiness over signing this
landmark contract after a long run of analyzing
a number of offers and negotiating with several
international companies.
Buhler is the
world leader in flour mill equipment, Al Dhahab
said. He also stated that establishing this Mill
is the first phase of a major expansion in
Milling and storing capacities. This new
combined Mill is the second of its kind in the
Gulf region and it will cater to the needs of
Semolina by Salalah Macaroni Company, in which
Salalah Mills Co. owns 64% its shares. Salalah
Macaroni Co. started the commercial production
in January 2009 and has acheived good results in
the first quarter of 2009.
10. Appointment of
KPMG Audit Office as external auditors for the
year ending 31 December 2009.
B. Extra Ordinary
General Meeting
1. Approval of
the increase of authorized capital from 7
million to 10 million and amendment of the
Articles of Association accordingly.
2. approval of
the splitting of the nominal value of the share
from One Rial to 100 Baizas and amending the
company's Articles of Association accordingly.
.
