SALAM INTERNATIONAL INVESTMENT LIMITED Q.P.S.C. 
By The Board of Directors (BOD) of Salam International Investment Limited (SIIL) held its meeting on Monday, 21/04/2014 and passed the following resolutions:
- Financial Results for Period Ending 31/03/14:
The BOD approved the interim consolidated financial statements as of 31/03/2014 which showed a net profit of QR 31.3 million, where the owners' equity in the parent company amounted to approximately QR 26.6 This compares with a net profit achieved during the same period in 2013 amounting to approximately QR 11.6 million. Consequently; earnings per share reached QR 0.23 compared to QR 0.10 for the same period in 2013.
The interim consolidated financial statements as of 31/03/2014 shall be published in the local newspapers within the next few days.
- Investment Opportunities:
- The BOD approved to participate in the capital increase of Resource Group Holding, a company that specializes in smart card technology, mobile communication services and telecommunication in general.
- The BOD approved the opening of a new branch for SIIL's subsidiary "Salam Technology".
- The BOD approved to invest in establishing a school that offers an American curriculum; it will offer primary education, basic education, middle school education, secondary education, enhanced education, and have the capacity for more than 1,000 students.
Moreover, the BOD discussed other issues and followed up on the execution of the previous resolutions.
It is worth to mention that the approval of the above projects is a primary approval only. Whereby the company may decide not to proceed with these projects based on future developments and final findings resulting from conducted due diligences and feasibility studies. Thus for justified reasons to protect shareholder's and company's interests
Therefore, SIIL emphasizes on taking this matter into consideration by shareholders and interested investors.
Dr. Adnan Ali Steitieh
Executive Director
Secretary of the Board of Directors
Note : this text has been translated from its original Arabic equivalent which remains the official version.
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