Welcome to Qatari German Medical Devices

Message To Shareholders

  • Disclosure to shareholders

    Qatari German for Medical Devices Company (Q.P.S.C) announces the resignation of Mr. Talal Subah Al-Abdulla the Representative of Qatar Red Crescent (QRC) in Company’s Board of Directors; who had held the position of Vice Chairman. The nomination of Mr. Ibrahim Abdulla Al- Malki, has been approved by board of Directors as successor of Mr. Talal Subah Al- Abdulla

    The management and employees of QGMD extend their warm thanks to Mr. Talal Subah Al- Abdulla for his Support to the company, and QGMD's management and employees pledge their full support for Mr. Ibrahim Abdulla Al- Malki and wish him the very best in his new role.

  • Disclosure Form :

    QATARI GERMAN FOR MEDICAL DEVICES COMPANY DISCLOSES ITS FINANCIAL STATEMENTS FOR THE PERIOD ENDED ON 30 JUNE 2020

    Qatari German for Medical Devices Company discloses the financial statement for the period ended on 30/06/2020 financial statements revealed a net loss of QR (1,146,345) in comparison to net loss of QR (5,621,610) for the same period of the previous year.

    The loss per share amounted to QR (0.010) As of 30/06/2020 versus loss per share QR (0,049) of the same period in 2019.

    *Net Profit should not include minority rights (if any).

  • Initial disclosure of a possible acquisition

    With reference to Article No. (5) of the Resolution of the Board of Directors of the Qatar Financial Markets Authority No. (2) for the year 2014 to issue the mergers and acquisitions system, we are pleased to disclose that the Board of Directors intend to sign an initial agreement aimed at evaluating the Elegancia Company LLC, which is one of the companies Not listed, it works in the sectors of industry and services with the aim of acquiring it through a stock exchange deal, and this evaluation aims to arrive at an offer to be made to our valued shareholders and regulatory bodies to kindly agree in accordance with the laws and regulations in force in the State of Qatar.

    It is worth noting that the idea behind these acquisitions resulted in the desire of the Board of Directors to diversify the company's activities to improve its performance and raise its productivity, and once the studies and the necessary assessments are completed, communication will be made with the supervisory authorities and the relevant parties whether or not to start the completion of the acquisition, and you will be provided with the timeline for the acquisition process.

  • QGMD DISCLOSES THE SEMI-ANNUAL FINANCIALS ON AUGUST 9, 2020 AND CONFERENCE CALL WILL BE HELD ON AUGUST 13, 2020

    QGMD Company has announced its intent to disclose its financial statements for the period ended June 30, 2020 on Sunday, August 9, 2020 after Trading Session. Furthermore, a conference call with the Investors to discuss the financial results for the 1st half of 2020 will be held on Thursday August 13, 2020 at 12:00 pm, Doha Time.And you can review Conference Call Information Under Financial Information/ Quarterly disclosure link on our website

  • Extraordinary Assembly General Meeting Results

    Click here to view the Results

  • Extraordinary Assembly General Meeting Invitation (Reminder)

    Click here to view the invitation

  • QATARI GERMAN FOR MEDICAL COMPANY (Q.P.S.C) ANNOUNCES POSTPONEMENT OF THIRD DATE OF EXTRAORDINARY GENERAL ASSEMBLY MEETING TO ADD NEW ITEMS

    Qatari German For Medical Devices Company)Q.P.S.C) discloses The Postponement of third date of Electronic Extraordinary General Assembly meeting to add new items that will be disclosed later as per related bylaws to be on Wednesday 15/07/2020 at 4:30 pm at the company’s headquarter electronically instead of 17/06/2020.

  • Ordinary General Assembly Results

    The Qatari German for medical Devices Company(Q.P.S.C) announces the completion of it’s quorum for Ordinary General Assembly Meeting in its reserved appointment on 17/05/2020 that held electronically via modern virtual tools and the postponement of Extra Ordinary assembly meeting after one month for not meeting the quorum

    The Ordinary General Assembly Meeting approved the company's balance sheet and profit and loss account for the year ending 31/12/2019 and Considered the recommendation of the Board of Directors not to distribute dividends.; Chaired by Mr.Talal Subah Al- Abdullah , vice Chairman, with the attendance of some members of the board of directors , some of the shareholders and In the presence Ministry of commerce & Industry and Talal Abu Ghazaleh international Co. representatives. Besides, the auditors' report for the financial year ended 31/12/2019 was approved. QGMD’s financial position for the financial year ended 31/12/2019 and its Future Plan was approved after being presented by the vice Chairman Mr. Talal Subah Al- Abdullah, who offered his gratitude to all who participated in the company’s development from board members, Shareholders and employees. The corporate governance report for the year 2019 was discussed and approved.

    The Board members was discharged for the financial year ended 31/12/2019 and no remuneration announced.

    Also, the Election of the of Board Members For the vacant positions in the current membership for the remaining period until 2021 took place. The following names were elected through Cumulative voting as follows:

    1. Mr. Ali Hassan Al- Emadi - Representing himself (independent shareholder member) winning member with the number of shares (60,000) shares on the Board of Directors.

    2. Mrs. Noora Abdullah Al- Mulla – Representing herself (Independent member not owning shares) as reserved independent Member in the event of a vacancy in the Board of Directors.

    At the end of the meeting Talal Abu Ghazaleh international Co. external auditors for the financial year 2020 was appointed and renewed for the second year and their total annual remuneration issued for (75,000) QR.

  • Qatari German For Medical Devices Company (Q.P.S.C) discloses The non-quorum of the Electronic Extraordinary General Assembly meeting , it has been postponed to third appointment on Wednesday 17/06/2020 at 4:30 pm at the company headquarter electronically.

  • Qatari German for Medical announces the names of candidates for membership of the Board of Directors of vacant position in the current membership for the remaining period until 2021

    Qatari German for Medical Devices Company (Q.P.S.C) announces the named of candidates for membership of the Board of Directors of vacant position in the current membership for the remaining period until 2021 as follows:

    1. Mrs. Noora Abdullah Al- Mulla – Representing herself (Independent member)

    2. Mr. Ali Hassan Al- Emadi - Representing himself (shareholder Member)

  • QATAR GERMAN FOR MEDICAL POSTPONES ITS AGM AND EGM TO 17/05/2020 DUE TO LACK OF QUORUM

    Qatari German For Medical Devices Company discloses the non-quorum of the Electronic Ordinary and Extraordinary General Assembly meeting, it has been postponed to reserved appointment on Sunday 17/05/2020 at 9:30 pm.

  • QATARI GERMAN FOR MEDICAL ANNOUNCES THAT EXTENDING OF THE CANDIDACY FOR THE VACANT POSITION IN THE MEMBERSHIP OF THE CURRENT MEMBERSHIP

    Qatari German for Medical Devices Company (Q.P.S.C) announces that no one has applied for candidacy for the Board of Directors until the date of closure 11/05/2020 and according to The non-quorum of the Electronic Ordinary and Extraordinary General Assembly meeting and it’s postponement to reserved Date , it’s decided to extend the nomination period as of Wednesday, 13/05/2020, until end of working day Sunday 17/05/2020.

  • Shareholder Invitation to Company Ordinary & Extraordinary General Assembly meeting

    Qatari German for Medical Devices Company (Q.P.S.C) Announces the invitation of company Ordinary & Extraordinary General Assembly meeting electronically through virtually conference call. The meeting will be held on Tuesday 12 /05/2020 at 9:30 pm. In the event a quorum is not met, a second meeting will be held on Sunday 17/05/2020 at 9:30 pm . and In the event a quorum of Extraordinary General Assembly meeting is not met , the third meeting will be held after one month on Wednesday 17/06/2020 at 4:30 pm

    Clarifications on Participation & Election procedures in the meetings:

    To participate in the meetings, shareholders may send an e-mail message to the following e-mail address: alphaqatar2020@gmail.com

    and enclose copies of identification documents, mobile phone number for individuals, and copies of proxies and supporting documents for representatives of individuals and corporate entities.

    The link for virtually participating in the meetings will be electronically sent to the shareholders whose contact details are received. Registration procedures will start at 20:00 on the date of the two meetings.

    Respective agendas of the meetings are published herewith and are available on the company’s website www.qgmd.com .

    Important NOTES:

    1.In accordance with provisions of Commercial Companies Law No 11 of 2015 this invitation shall be held as a legal notice to all shareholders without any need for private invitations to be sent by post.

    2.Every individual shareholder may authorize another shareholder to participate in the meeting, provided that such an authorization is in writing and given specifically for the purpose of participation in the meeting. A Director may not be authorized for this purpose and the number of shares held by a proxy in this capacity shall not exceed 5% of the share capital of the company. In case the shareholder is corporate person, the representative of the shareholder shall send a written authorization from such corporate person duly signed and stamped in order for the representative to be able to participate in the meeting.

    3.Minors will be represented by their legal guardians.

    The Agenda of the Annual Ordinary General Assembly Meeting is as follows:

    1.Listen to Chairman Message in terms of the company's activity and its financial position for the financial year ended 31/12/2019 and Company Future Plan and approving it.

    2.Listen to the auditors' report for the financial year ended 31/12/2018 and approving it.

    3.Listen to the External Auditor’s reports in terms of the company’s performance and internal control in accordance with Article (24) of the Corporate Governance Code for Companies and Legal Entities listed on the Stock Exchange issued by the Qatar Financial Markets Authority Board Decision No.5 of 2016.

    4.Discuss the company's balance sheet and profit and loss account ended 31/12/2019 and approving it and Consider the recommendation of the Board of Directors not to distribute dividends.

    5.Discuss corporate governance report for the year 2019 and approving it.

    6.Discharge the Board members for the financial year ended 31/12/2019 and the announcement of no remuneration.

    7.Election of Board Member For the vacant positions in the current membership for the remaining period until 2021

    8.Appointment of external auditors for the financial year 2020 and determining their remuneration.

    For a copy of the Company’s Financial Statements for 2019, and External Auditor’s Report for the same year please visit www.qgmd.com

    The Agenda of the Annual Extra Ordinary General Assembly Meeting is as follows:

    1. Consider the recommendation of the Board of Directors to continue the operations of the Company despite company’s accumulated losses reaches more than half of its capital.

  • The Safety of individuals and Society in the State of Qatar is our top priority

  • Qatari German Medical Devices discloses its financial statements for the period ended On March 31st 2020 and you can review it on Financial Results on our website

  • Qatari German For Medical Devices Company announces the Disclosure dates to its financial statements for the period ended 31 March 2020 as the following Table

     

    Invitation                        Presentation                           Conference Call

            INVITATION                                     PRESENTAION                                    CONFERENCE CALL

     

    Q1 Financial Statements Disclosure 2020

                    Dates

     Company Name 

    Disclosure of Q1 Financials

    (after closing of trading session)

            22- April -2020

     

     

               QGMD

    Investor Relations Presentation

            29- April -2020

    Earning Call

            29- April -2020

  • Chairman Disclosure

    Qatari German for medical devices company (Q.P.S.C) announces the resignation of Mr. Hamad Khamis Al-Kubaisi representative of Qatar Development Bank (QDB) in Company’s Board of Directors ; who had held the position of Chairman and Mr. Saleh Majid Al-Khulaifi who represents QDB bank as well , has been appointed by board of Directors as Chairman and successor of Mr. Hamad Khamis Al-Kubaisi

    The management and employees of QGMD extend their warm thanks to Mr. Hamad Khamis Al-Kubaisi for his role in enriching the company’s journey during his tenure as Chairman. As QGMD started heading achievements within the year 2020

    QGMD's management and employees pledge their full support for Mr. Saleh Majid Al-Khulaifi and wish him the very best in his new role.

  • The Resignation of Independent Board Member Mr Mohammad Abdul Salam Al Emadi

    The Qatari German for Medical Devices Company (Q.P.S.C) Board of Directors announces their approval on the resignation of the independent board member Mr. Muhammad Abdul Salam Muhammad Abdul Rahim Al-Emadi who was elected by acclamation at the ordinary general assembly meeting. And the extraordinary on 04/17/2018, because he lost one of the conditions of independence and the existence of a conflict of interests that prevents him from performing his duties as an independent board member according to the corporate governance code and legal entities listed in the main market No. (5) for the year 2016.

  • Qatari German Medical Devices discloses its financial statements for the period ended On December 31st 2019 and you can review it on Financial Results on our website

  • Postpone Ordinary and Extraordinary General Assembly Meeting Date

    Qatari German For Medical Devices Company announces on obtaining the approval of the Ministry of Commerce & Industry to postpone Ordinary and Extraordinary General Assembly meeting date indefinitely and until further notice. Given the current situation facing State of Qatar and to protect the safety of the attendees and based on social responsibility of the company, to follow preventive measures to limit Corona Virus outbreak.

  • Disclosure date postpone

    Due to current situation Qatari German For Medical Devices Company announces the postpone of Disclosure dates to its financial statements for the period ended 31/12/2019 as the following to be on 29/03/2020 instead of today 22/03/2020

  • Qatari German For Medical Devices Company announces the Disclosure dates of its financial statements for the period ended 31 12 2019 as the following Table attached copy of the letter and Investors Invitation

                    Invitation                   Presentation                   Conference1

                     INVITATION                                PRESENTATION                                CONFERENCE CALL

    Q4 Financial Statements Disclosure

    Dates

    Company Name

    Disclosure of Q4 Financials

    (after closing of trading session)

             29- March-2020

     

     

     QGMD

    Investor Relations Presentation

             02-April-2020

    Earning Call

    Speakers line up (MD/Finance Manager/             IR Officer)

     

              02-April-2020

  • Qatari German For Medical Devices Company s Achievements

    Qatari German Medical Devices company (Q.P.S.C) is pleased to announce that it has been selected by the Pan American Health Organization (PAHO) to supply one of its medical syringes products (Medical syringes with needle: 1CC) for Two years 2020 and 2021. The tender process for this contract began in September 2019 and the company was informed of the tender on January, 2020. The Pan American Health Organization (PAHO) is an international public health agency found in 1902 that works to improve health and living standards of the people of the Americas. The company's winning such an important contract is a testament to our leading position in the medical supplies industry and helps to promote a high-quality national product that competes regionally and globally.It achieves one of the company's strategic goals and that is to upgrade the national industry by opening new markets within the framework of achieving Qatar's national vision by 2030.

    In continuation of the success of the company, the exclusive agency was signed between Qatari German Medical Devices company and British BridgeMaster Medical Company on January, 2020 to make the company the exclusive agent for BridgeMaster Medical Company products. It is worth noting that the products of Bridge Master Medical Company in general, depend on the "genie", a unique self-powered lighting source that produces shadow free illumination within body cavities. Genie is used in a variety of instruments.

  • 2019 Quarterly Disclosure

     

    Invitation                        Presentation                           Conference Call

            INVITATION                                     PRESENTAION                                    CONFERENCE CALL

     

  • Disclosure date of Third Quarter of Financial statements of 2019

    Qatari German For Medical Devices Company disclosed the date of disclosure of Third Quarter of financial statement for the year 2019 on Sunday 27/10/2019 after the close of trading session. we will hold our Earnings Call and post our Investor Presentation on our website as follows:

                                                                               Q3 Financials

    Company Name

    QGMD

    Investor Presentation(1)

    28-Oct-2019

    Earnings Call(2)

    28-Oct-2019

    [HOST - MD/FM /IRO/Board Member ]

     

  • Semi Financial statements for the year 2019 Disclosure

    Qatari German Medical Devices discloses the financial statement for the six months period ended on June 30, 2019. The financial statements revealed a net loss of QR (5,621,610) in comparison to net loss of QR (4,399,789) for the same period of the previous year.

    The loss per share amounted to QR (0.049) As of June 30, 2019 versus loss per share QR (0.038) of the same period in 2018.

  • Acting Chief Executive Officer Resignation and Appointing Managing Director

    The Qatari German For Medical Devices Company has announced the resignation of Mr. Maher Eissa from his position as acting CEO. The Board of Directors has approved the appointment of Mr. Eisa Khaled Al- Maslamani, Board Member, as the Managing Director of the Company.

  • Disclosure date of semi financial statements of 2019

    Qatari German For Medical Devices Company disclosed the date of disclosure of Semi financial statement for the year 2019 on Tuesday 16/07/2019 after the close of trading session.

  • QGMD Announces The Date of Stock Split As per Qatar Exchange Specified Timetable

    Specified Timetable to Implement Stock Split Process of Qatari German For Medical Devices Company (Q.P.S.C)

    Day

    Date

    Sector

    Tuesday

    18-June-2019

    Services

  • Qatari German For Medical Devices Company discloses the appointment of Mrs Mai Salah Al Baroudi as Investor Relations Officer in addition to her position as Board Secretary

  • Financial Statements Disclosure

    Qatari German Medical Devices discloses the financial statement for the three months period ended on March 31, 2019.

  • Qatari German For Medical Devices Company discloses The completion quorum of the Ordinary General Assembly meeting Wednesday 24 04 2019 and Extraordinary meeting it has been postponed to third appointment on 26 05 2019 for the non quorum

  • Qatari German For Medical Devices Company discloses The non quorum of the Ordinary and Extraordinary General Assembly meeting it has been postponed to reserved appointment dated Wednesday 24 04 2019

  • DISCLOSURE OF FINANCIAL STATEMENTS FOR THE FIRST QUARTER OF 2019

    Qatari German for Medical Devices Company (Q.P.S.C) will discloses its financial statements for the first quarter of 2019 on Tuesday 30/4/2019 after the close of trading.

  • Qatar German Medical Equipment Company achieves another achievement by offering colored syringes

    “Medication errors during medical procedures are reported from time to time globally. The Qatar German Medical Devices Company in collaboration with Hamad Medical Corporation Ambulance Service has developed color-coded syringes to help clinicians identify different types of drugs during emergency patient injections. The colors are based on a standard set by the American Society for Testing and Materials (ASTM) for labels applied by the user during emergency care.  Colors are used to differentiate between products, and each color refers to a specific class of drugs. The Qatar German Medical Devices Company is committed to developing innovative products that meet the requirements of the local and international market.”

  • Qatari German form Medical Devices Discloses its financial statements for the period ended On December 31st 2018

    Qatari German Medical Devices discloses its financial statements for the period ended On December 31st, 2018. The financial statements revealed a net loss of QR (12,833,737) in comparison to net loss of QR (21,691,929) for the same period of the previous year. The loss per share amounted to QR (1.11) As of December 31, 2018 versus loss per share QR (1.88) of the same period of the previous year.

  • Qatari German for medical devices company And Qatar university announce the interim registration certificate for new patent for the safety syringes

    Doha, Qatar , March 17, 2019 : Qatari German for medical devices company announces its success in developing the safety syringes technology and acquiring a new Interim patent certificate for the safety syringes. This success was the culmination of a team effort between the Faculty of Engineering, Office of intellectual property and creativity at the University of Qatar in cooperation with medical and technical team in Qatari German for medical devices company.

    It is worth mentioning that Qatari German for medical devices company for medical research has previously signed a cooperation agreement with the University of Qatar to develop safe medical syringe techniques and get a new patent in this vital area. The aim of this agreement is to strengthen cooperation between the two parties and employ scientific research capabilities of medical product development to support the medical industry in the State of Qatar, development and advancement.

    On this occasion, Mr. Hamad bin Khamis Al-Kubaisi, Chairman of Qatari German for medical devices company Said:

    “Qatari German for medical devices company seeks continuously to achieve its strategy aimed at developing its Medical Products and innovation of new medical products to suit the needs of the local market. We are very proud of what we achieved the technical and medical team in the company in cooperation with the faculty of Engineering, Office of intellectual property and creativity at the University of Qatar. We also appreciate the fruitful cooperation with the University in recruiting potential scientific research to develop the medical sector in Qatar, achieving sustainable development, in line with Qatar’s national 2030 vision.”'.

    For her part, said Professor Dr. Mariam Al Maadeed, Vice President for research and graduate studies at the University of Qatar: “this success confirms the ongoing Qatar University sought to find appropriate solutions to the challenges facing the medical community, and expand cooperation between the two sides in the field of scientific research and development in the interests of national medical industry “.

    For his part, said Dr. Aiman Erbad, Director of planning and development of scientific research at the University of Qatar: “this announcement is the result of continuing efforts by the team at the Faculty of Engineering, Office of intellectual property and creativity in Qatar university, applying to Qatar University’s strategy for expansion in the transfer of technology to the industrial sector.

    Qatari German for Medical Devices company is considered one of the most pioneering companies in the manufacture of medical supplies in the Middle East and has proven as a competitor in the medical device industry. The company has technical potential of different methods and sterilization devices such as Ethylene oxide sterilization (ETO gas) with a capacity up to (30 Cubic Meters), in addition to steam sterilization equipment and capabilities that cover the needs of the State of medical supplies. The company also perform all sterilization tests on medical products within the factory with the latest styles and methods used globally.Qatari German for Medical Devices has an integrated and qualified team with extensive experience in medical manufacturing.

    Since its founding in 2007 Qatari German for Medical Devices company, manufacturing all types of medical and intravenous syringes, preparation of tools for sterilization of medical products one of the featured products that company offers with high-quality, which makes the company the ideal choice for such industries that Benefit the medical sector in Qatar.

  • QGMD Discloses The Date Of Its Board Of Directors Meeting To Discuss The Financial Statements For The Year Ended December 31st 2018

    Qatar German For Medical Devices Co. Q.P.S.C. announces that its Board of Directors will meet on Wednesday 27th March 2019 , to discuss its Financial Statements for the year ended 31st December 2018.

  • Names of candidates for membership of the Board of Directors Election

    With reference to Board Election opening the candidature for membership of the Board of Directors of the Qatari German for Medical Devices Company for the vacant position in the current Board of Directors for the remaining term till 2021, Starting from Monday 18/2/2019 until the end of the working day on Sunday, 3/3/2019.

    1. Mr. Saleh Jowhar Saeed Mohammed Al Mohammad - Independent member
    2. Mr. Khamis Mubarak Khamis Zamil Al-Kuwari - Independent member

    Yours sincerely,

    Qatari German For Medical Devices Company

  • Qatar Central Securities Depository Requirements

    Qatar Central Bank limitation and conditions of shares' ownership in the capital of QGMD

    1. Circular issued by Qatar Central Securities Depository
    2. Qatar Central Bank’s Board of Directors Decision No. (1) for the 2016 year with respect to the limitation and conditions of shares’ ownership in the capital of financial institutions listed in the Qatari Exchange which are subject to the control and supervision of Qatar Central Bank.
    3. Disclosure form: Person(s) , who own shares in the listed companies indirectly
    4. Disclosure form: Person(s) ,who own shares more than the percentage stipulated in the articles of association of the listed companies (directly or indirectly)
  • Board Members Election for the vacant positions for the remaining period till 2018

    1. Newspaper Announcement
    2. Template – Companies
    3. BOD- Candidates-Individuals
    4. Independent Template