Somali Airways
Somali Airways Plc.
Somali Airways Plc.
MEMORANDUM OF ASSOCIATION OF SOMALI AIRWAYS
I. Name of the Company
The name of the company is "Somali Airways."
II. Registered Office
The registered office of the company is situated in Taleex, Somalia.
III. Objects of the Company
The objects for which the company is established are:
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To operate as a commercial airline for the transportation of passengers, cargo, and mail, both domestically and internationally.
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To provide air transport services, including scheduled and charter flights, cargo services, and related aviation services.
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To acquire, own, lease, and operate aircraft and associated equipment necessary for the airline's operations.
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To establish and maintain airline routes and networks to connect Somalia with various international destinations.
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To engage in any ancillary or subsidiary business activities related to the airline industry, including but not limited to, ground services, maintenance and repair services, and in-flight services.
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To collaborate with domestic and international aviation authorities, organizations, and airlines for the promotion of air travel and the development of the aviation industry in Somalia.
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To carry out any other business activities that are incidental or conducive to the attainment of the above objects.
IV. Liability of Members
The liability of the members is limited.
V. Capital Clause
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The authorized share capital of the company is $1,000,000,000 USD, divided into 100,000 shares of $10,000 USD each.
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The shares are to be issued, allotted, and dealt with in accordance with the Articles of Association of the company.
VI. Association Clause
We, the several persons whose names and addresses are subscribed, wish to be formed into a company in pursuance of this Memorandum of Association.
Name of Subscriber | Address | Occupation | Number of Shares |
---|---|---|---|
For Security RS | For Security RS | For Security RS | For Security RS |
For Security RS | For Security RS | For Security RS | For Security RS |
... | ... | ... | ... |
Dated: 07 July, 2007
VII. Witness Clause
I, the undersigned witness, declare that I have witnessed the signing of this Memorandum of Association by the subscribers named above, who have in my presence signed their names.
Name of Witness | Address of Witness | Occupation of Witness |
---|---|---|
For Security RS | For Security RS | For Security RS |
For Security RS | For Security RS | For Security RS |
... | ... | ... |
Dated: 07 July, 2007.
For Security RS
Founder & CEO.