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Extraordinary General Meeting

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia 0.01 sec.
Extraordinary General Meeting
Any shareholders meeting other than the annual general meeting. Extraordinary general meetings are usually called to deal with an urgent matter, such as the replacement of an executive or perhaps some legal trouble with the company. Any decision that shareholders must make but cannot wait until the next annual general meeting is made at an EGM.


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Summary: At an Ordinary and Extraordinary General Meeting held on Thursday 10th September, shareholders in Gulf Finance House (GFH), the leading Middle Eastern Islamic investment bank, confirmed their backing for dynamic plans to recapitalize and reinvest in the bank.
Summary: Following the conclusion of its Extraordinary General Meeting (EGM), which was held today, Dubai Islamic Bank (DIB) announced that the assembly has approved the increase of the bank's capital by AED 3 billion over a five-year period.
The decision was announced at the company's third session of the extraordinary general meeting (EGM) held yesterday (March 1) at Jumeirah Emirates Towers.
 
 
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