PALTEL's 7th General Assembly Approves Distribution of 12% of Profits to Shareholders

In its seventh annual meeting, PALTEL’s General Assembly discussed on Sunday (09.05.2004), in Ramallah and Gaza, administrative reports and financial statements for the year ending 31.12.2003. The meeting was chaired by Mr. Abdel Malek Jaber, vice-chairman of the board. It was also attended by the board members, senior management, company controller, financial auditors, a number of shareholders and interested individuals. The meeting was held via video conferencing connecting Ramallah and Gaza.