PROFILE

Muuqdheer
Construction Co.

11/1/2016

THE LEADING INNOVATION

Muuqdheer Cons. Co.
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November 1, 2016

Name Of The
1
Company Muuqdheer Construction Co.

Date Of
2 Establishment
2016

Ministry Of Public Works And Transport(No: )

3 Registration
Hargeisa Local Municipality
4 Address
5 Head Office Hargeisa Somaliland

Branch
6 Berbera Somaliland
Offices

7 Telephones
8 E-Mail muuqdheer001@gmail.com

 Name:Abdillahi Hersi Daud

Contact
9  Title: General Manager
Person
 Mobile #:063-4415501

 Name Of The Bank: Dahabshil Bank

 Location: Somaliland
Principle
10  Account Name: Muuqdheer Construction Co.
Bank
 Account #:
 Account Type: Current Account
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 Muuqdheer Construction Co. Is a Full Service

of Construction Facilities Whose Purpose Is To
Provide Construction Services for Both
11 Services Commercial and Residential construction
 We present Building Design, creation And
Remodelling Services for The civic
Infrastructures In Somaliland.

Muuqdheer Construction Company Summary Information

BACKGROUND

MUUQDHEER CONSTRUCTION CO. Is concerned to the expressions of

quality of engineering construction services together with structural, highways and
water resources construction, the corporation was established in august 2016, at
that instant the corporation began its duties through frozen academic backdrop and
measureless familiarity to their issues anchored in national engineering manners.

Allied through the constantly evolved technologies, MUUQDHEER

CONSTRUCTION CO has developed from an engineering consultation
performance, mutually structural designing and highway as well as water
engineering which is comprise a constituent one who is the title-holder of the
corporation at present, in contrast MUUQDHEER CONSTRUCTION CO
encompass extremely smart strategies for the duration of construction and planning
procedures all through design.

MUUQDHEER CONSTRUCTION CO is constantly oriented to looking out

innovative technologies that progress the modern state of engineering packages,
exploit on engineering software’s of designing exceedingly branded latest design,
which is the asset of the client and the corporation .

Nevertheless the corporation determined to develop Somaliland construction

qualities and facilities of welcoming , cost and the quality are departing to be
appreciable for each client founded on our activity followed by hard work of in
cooperation of construction and architecture ,opportunely we are extremely
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inspired to construct our clients premium residential buildings, commercial

buildings, institutional building and etc.

Mission statement

Our mission is to put forward dependable provision in each of our expert

disciplines. In accordance with legitimate practices .codes of behavior and
integrity, to hand with our corporation provided that the chief stage from which to
package of altering the surroundings in mental power of splendor for each exacting
client.

Vision statement

To be the chief of the construction companies compeering with squat rate and high
quality according to international standards complying with confidence rooted in
information, in addition to convey prosperity to the public by adding values
through engineering services were by each and every one of community and
personal sectors rummage around for progress and hinge on its superiority on
made.
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MUUQDHEER CONSTRUCTION COMPANY

Article 1

The Name and Logo Of The Company

1.1 the name of the company shall hereafter be called MUUQDHEER CONSTRUCTION COMPANY
1.2 The logo of the Company shall be buildings and name

Article 2
Company Headquarters

2.1 The company HQs shall be located at hargeisa and can establish branches offices at region
and district levels of the country;

2.2 Prior to the establishment of branch offices the company HQ shall have full authority to carry
out all company activities.

Article 3

3.1 The company has limited shareholders status.

Article 4

Shareholders

4.1 The number of shareholders is two members;

4.2 The monetary contribution of each shareholder is as following

 Eng. Abdillahi Hersi Daud 25000

 Mohamed Ismail Ali 25000

4.3 whenever the shareholders of the company decide to increase individual share values,
those who can afford are permitted to augment their stock share or investments this requires
the unanimous decisions of the company shareholders;

4.4 The total investment of company in stocks and shares amount is 50,000.

4.5 list of Muuqdheer Construction Company share-holders members and their shares

S/N Name of share-holders Share Share

percent amount
1 Eng. Abdillahi Hersi Daud 50% 25000
2 Mohamed Ismail Ali 50% 25,000
3 Total 100% 50,000
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Article 5

Profits and losses

5.1 losses and profits of the company shall be divided up according to the ratios of the
percentages of member shareholders stocks.

5.2 after deductions are made in accordance to payments and expenses incurred; profits are
distributed as stipulated in section 1 of the article 5.

Article 6

Company Sturture

Daldhis Company shall have following administration structure:-

1. Abdillahi Hersi Daud Chairman

2. Mohamed Ismail Ali Vice-Chairman

Article 7

Board Directors

1. The board of directors shall consist of 3 member including the General Manager
2. The board shall have the following powers:-
 To carry out and put into effect the policies and decisions passed by the members
 To mobilize resources
 To call the conferences of members and extra-ordinary meetings whenever it is
necessary
 To approve applications for membership
 To act as the sole representative of the company
 To enter into and sign contract agreements on behalf of the company

Article 8

Terms of office

The term of office of the Board of directors is one year, a member is eligible for resignation,
however, no member should be elected for more than two consecutive terms.

Article 9 General Manager

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Powers and duties for the general manager shall include:-

A. To manage, protect and maintain the financial affairs and assets of the company
B. To coordinate the activities of the board of the organization
C. To issue notice and agenda of the conferences
D. To prepare and submit plants to the board and submit of approval
E. To handle company’s correspondence with other companies.

Article 10: the vice-chairperson

The vice-chairperson shall have the following powers and duties:

a. To assume the powers and duties of the chairperson in his absence

b. To protect and maintain accurate accounts of the assets of the company
c. To prepare annual report on the organizations activities
d. To make overall supervision and monitoring of the company’s activities
e. To solicit feedback from members on performance of the board.

Article 11 The Secretary

The secretary shall: -

1. Maintain minutes of the meeting of board discussions, compile ideas proposals and
suggestions posted on the organizations in general or privately to the board of individual
board members,
2. Periodically provide an update list of activities, proposals and suggestions for boards
discussion and ultimately for the company’s approval for action
3. Maintain records of accounting reports of the organizations activities.

Article 12 The Treasurer

The treasurer shell

1. Supervise the management of finance and property and other resources.

2. Supervise the preparation of financial report.
3. Examine and submit audited statements of accounts for adoption.
4. Provide a quarterly report of the company’s financial status to the board

Article 13: Auditor

1. The auditor shall be appointed by board. He must have an experience in auditor
2. The auditor:-
a. shall issue a report certifying that the financial statement issued by the
treasurer and board reflect the true financial position of the company .
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b. shall submit his report within 60 (sixty) days after receiving financial
statements. Copies of the report should be provided to the board and members at
large
c. shall be accountable to the board.

Article 14

Company Accounts

1. Company balance of accounts shall be drawn at the initial stage bi-semester(once every
6 months) according to normal company procedures .the accountant should approve of
accounts before presentation to the company are made
2. The account balance shall be draw once every year.

Article 15: Members Salaries

15.1 members holding office shall have monthly stipends as agreed upon by all company
shareholders.

Article 16 Additional Investment

Can only be sold to new members with the majority consent of the holding members or by
absolute majority votes

Article 17 Withdrawal From Company

17.1 a share-holders member can withdrew from the company provided that:-

 The full period of the closing of the accounts has expired

 The member has made a written petition three months prior to the date of the closing of
the accounts for preparedly the evaluation of member’s assets.

Article 18 Exemption To The Withdrawal

18.1 withdrawal of money is prohibited before the closing of accounts and the putting-forth of
the withdrawal procedure as in article 16

Article 19: Amendments To Agreements

18.1 any amendment to this agreement pertaining to alterations or additions shall be made by
all company members and decision approved by 50% plus one majority vote in accordance with
the tenets of democracy.

Article 20 particular tasks involving payments

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20.1 the foreman can carry out tasts(contractually) where the contracting agent makes direct
payment to company workers. This operation will further advance the good name of Muuqdheer
Construction Company

20.2 the other benefit is the financial gain for the company workers during idle-time periods

Artcle 21 Management Staff Recruitment

21.1 the company members shall decide on all recruitments or nominations of posts for the
company and such decisions shall be made by the majority vote of the members. The term of
office shall be one year.

Aticle 22

Signature of shareholders

S/N Name of share-holders Title Signature

1 Eng. Abdillahi Hersi Daud Chairman
2 Mohamed Ismail Ali Vice-
chairman

Company Capabilities

Muuqdheer Construction Company focuses all necessary formulas which are compatible with
intercontinental intervention to meet the best services towards the construction industries.

The key points we have to offer include:

 Experienced professional construction performances

 Improved management systems
 Financial control and interpretation
 Commitment to our client.

Area of operations:-

The company performed a lot of constructional services most of the country in particularly,
M/Jeex Region
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MUUQDHEER CONSTRUCTION COMPANY

XEERKA IYO QAWAANIINTA SHIRKADDA

Ka dib markii ay wada tashi iyo wada xaajood dheer yeeshen aasaasayaasha waxa
dhigteen xeer –hoosaadkan hoos ku qora.

Qodobka 1aad
Magaca Iyo Calamadda Shirdda:-
1.1 magaca shirkaddu waa shirkadda dhismaha ee Muuqdheer
1.2 calaamada shirkaddu waa dhisme iyo magaca oo xidhiidhsan

Qodobka 2aad Xarunta Shirkadda:-

2.1 xarunta shirkaddu waa hargaysa, waxay laamo ku yeelan kartaa gobollada iyo
degmooyinka kale ee dalka.
2.2 Ka hor inta aanay laamaha ku yeelan degmooyinka iyo gobollada kale wixii hawlo shaqo
ah ee looga baahdo fulinteeda shirkadu way ka hawl geli kartaa oo ma jiraan wax ka hor
joogsan karaa.

Qodobka 3aad Nooca Shirkadda:-

3.1 shirdaddu waa khirkad maailay ku dhisan

Qodobka 4aad Xubnaha Shirkadda

4.1 xubnahga shirdaddu waxy ka kooban yihiin laba(2) xubnood oo ah aasaasayaasha

shirkadda.
4.2 Saamiga xubin kastaa shirdadda kaga qaybv gelaysaa oo maal-gelin ahi waa
A. Abdillahi Hersi Daud 25,000
B. Mohamed Ismail Ali 25000
4.3 markastoo xubnaha saamilayda shirkadddu u arkaan in loo baahan yahay kordhinta
maal galinta shirkaddu waa u banaan tahay xubinta awoodi karta inay kordhiso maal
galinta ay shirddu kaga qayb gashay amaba gelayso,waana shardi inay ogolaadaan
xubnaha kale ee saamilayda shrkadda
4.4 raasamaalka shirddu waxa uu dhan yahay 30,000,000
4.5 liiska magacyada xubnaha saamileyda shirdda iyo saamiyadooda

S/N Name of share-holders Share Share

percent amount
1 Eng. Abdillahi Hersi Daud 50% 25000
2 C/laahi Muxumed Ahmed 50% 25000
3 Total 100% 50,000

Qodobka 5aad Hab-Qaybsiga Faa’iidada Iyo Kharashaadka Shirkadda:-

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5.1 Xubnaha saamilaydu waxay khasaaraha iyo faa’iidada shirkadda u qaybsan doonaan habka
boqoleyda oo ku salaysan saamiga saamileyaasha xubnuhu kala leehihiin.

5.2 Marka laga jaro sakada hantida shirkada ee sekada iyo wixii kharashyo ah ee shirkadu
gasahy ayaa fa’iidada iyo khasaarah lagu qabsanayaa habka ku cad farqada 1aad ee qodobkan
5aad

Qodobka 6aad Qaab-Maamuleedka Shirdda:-

6.1 Shirkaddu waxay leedahay maamul ka kooban:

1. Gudoomiye

2. Gudoomye ku xigeen

3. Madax-hawl-galinta

6.2 Maamulka Shirkadda wuxuu ahaanayaa ku meel gaadh sida uu hadda u kala magacaaban
yahay oo hoos lagu soo sheegi doono.

Qodobka 7aad guddiga agaasinka(BOD)

1. Guddida agaasinku wuxuu ka koobnaan doonaa sidan 3 xubnood kuna jiro maareeyaha
guud
2. Guddiga agaasinku wuxuu lahaan doonaa awoodahan:
a. Fulinta iyo dhaqan gelinta siyaasada iyo go’aammada ka soo baxa xubnaha shirkada
b. Isku dubaridka ilaha dhaqaalaha
c. Isugu yeedhidda shirarka guud ee xubnaha isla markaana wuxuu awood u leeyahay
inuu hirgeliyo shirarka aan caadiga ahayn markasta oo loo arko inay lagama maarmaan
tahay
d. Inuu ansixiyo cadsikyada xubinimo
e. Inuu metelo wakiilnimada ururka
f. Wuxuu saxeexayaa isla markaana geli karaa heshiisyo isagoo huwan magaca
shirkadda

Qodobka 8aad Waqtiga Xilka

Muddada xil haynta xafiisku ee guddiga agaasimku waa hal sano xubintii u galabta in dib loo
doorto si kastaba ha ahaatee ma jiray xubin la dooran karo hal mar wax ka badan.

Qodobk 9aad Maareeyaha Guud

Awoodaha iyo waajibaadyada maareeyaha guud waxa ku jiri doona:

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1. Maaraynta, ilaalinta iyo haynta arrimaha maaliyadeed iyo hantida ururka

2. Inuu xidhiidhiyo hawl-gallada guddida agaasinka iyo shirkadda
3. Inuu war bixin sannadeed ka soo saaro hawl-gallada shirkadda sameeyay
4. Wuxu u xilsaaran yahay inuu guud ahaan la socdo oo qiimeeyo hawl-gallada kala geddisan
ee shirkadda
5. Wuxuu soo saarayaa ogeysiiska iyo ajendaha shirarka oo dhan

Qod 10aad Maayeeye-Ku-Xigeenka

mareeye-ku-xigeenku wuxuu lahaan doonaa awoodaha iyo waajibaadada soo socda:

1. Inuu sii fuliyo siina hayo shaqadii mareeyaha guud marka maqan yahay
2. Wuxuu xafidayaa oo uu haynayaa xisaabaadka hantida shirkadda
3. Inuu diyaariyo warbixin sannadeedka howl-qabadka shirkada
4. Wuxuu awood u leeyahay kormeerida iyo qiimaynta dhammaan howl-socodka shirkadda
ee guud
5. Wuxu ka doonayaa jawaabaha xubnaha ee waxqabadka guddiga agaasinka

Qod. 11aad Xoqhayaha

1. Xoghayuhu wuxuu u xilsaaran yahay hadal-qorka, isku habaynta figradaha, soo

jeedinaha loo soo diray hay’ada guud ahaan, ama si gaar ah guddiga agaasinka ama
mid guddiga la mida
2. Wuxuu bixinayaa liis waqtiyeed dhan oo ah hawgallada shirkada soo jeedinihii in
guddiga agaasinku gorfeeyo iyo ugu danbayn ogolaanshaha in tallaabo la qaado
3. Wuxuu ilaalinyaa xafidayaa war bixinta xisaabaadka shirkadda

Qod. 12 Khasnajiga

khasnajigu wuxuu:-

1. Kormeerayaa maamulka lacagta, hantida iyo ilaaha dhaqaale ee kale

2. Kormeeraya diyaarinta miisaniyada sannadeedka iyo warbixinta lacagta
3. Baadhayaa soona gudbinayaa istaytmanada la baadhay ee xisaabaadkii laqabtay
4. U gudbinayaa war bixinta xubnaha bixiyay lacagtii xubinimada
5. Soo saarayaa labadii bilood iyo badhkiiba nooca war bixin maaliyadeedka una
gudbinayaa guddiga fulinta
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Qod. 13aad Hanti-Dhowraha

1. Hanta-dhowraha waxa dooran doona guddiga fulinta waa in hantidhowruhu lahaadaa

waayo-aragnimada hantidhowrka
2. Hanta-dhowruhu:-
 Wuxuu soo saarayaa caddayn in warbixinta maaliyadda ee ay soo saareen
guddiga agaasinka khasnajiga tahay mid ka turjumaysa heerka saxda ah ee
shirkadu marayso
 Wuxuu war-bixinta ku soo saarayaa muddo lixdan(60) casho ah ka bacdi marka
loo soo gudbiyo miisaaniyada, koobiyo waa in loo gudbiyo guddiga agaasinka
gebi ahaan
 Waa inuu noqdaa mid masuuliyaddiisa ka soo baxa

Qod. 14 Aad Waqti Xisaabeedka Shirkadda

14.1 Waqti xisaabeedka shirkadu wuxu ahaanayaa muddada bilowga shirkadda lixdii biloodba
mar, waxaana soo diyaarinayaa xisaab xidhka oo waafaqsan nidaam xisaabeedka caadiga ah
ee shirkadda xisaabiyaha shirkada oo maareeyaha guud ee shirkaduna u soo bandhigaya, ka
hor intaan xubnaha maamulkii shirkada ee u sarreeyay

14.2 Wuxuu ku bilaabmaya waqtigan lixda bilood ahi maalinta la wada saxeexo heshiiskan eela
diiwaan geliyo shirkadda

Qod. 15aad Mushaharka Xubnaha

15.1 Wixii xubno ah ee shirkadda maamulkeed xil ka haya waxay yeelan doonaan mushahar
xubnaha shirkaddu isla garteen oo bille ah

Qod. 16 Ku Soo Biirida Shirkadda

Wixii saamiyo ah ee laga iibinaayo cid shirkadda ku soo biirta, waxa ku iman kartaa oo kaliya
markay aqlabiyada xubnaha shirddu ogolaadaan.

Qod. 17aad Ka Bixidda Shirkadda

17.1 Xubinta saamilayda shirdda ka mid aha ee doonta inayka baxdo shirkada way bixi kartaa,
balse waxa u shardiya bixiddaasi arrimahan kala ah:-

1. In muddada bixidda ay ka soowareegto muddada xisaab-xidhka shirkada

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2. In xubintu soo qorto ogaysiin qoraal ah inay ugu yaraan saddex bilood ka hor waqtiga
xisab-xidhka shrkadda , si loogu tala galo bixidaasi looguna diyaariyo wixii uu
shirkadda ku leeyahay ee hanti ah

Qod 18aad Reebanaanta Dibu-Qaadashada Raasamaalka

18.1 Wax dib loo qaadan karo oo lacagta maalginta ahi ma jirayso ooway ka reebantahay
saamilayda shirkadda tan iy inta laga gadhayo waqtiga xisaab-xidhka

Qod. 19 Diwaan Galinta Hantida Sharkada

19.1 Wxii ay leedahay hanta shirkadu ha ahaato guurt ama maguuto qalab dhisme, lacag
cadaan ah waa la diwaaan geliyaa oo waxa diwaan galinayaa diwaan u gaara hanti shirkadu
leedahay o lagu magacaabo diwaanka hantidda shirkada

Qod. 20 Wax Ka Bedelka Heshiiska

20.1 Wixii wax ka debel ah ee heshiiskan la xidhiidha ha ahaato, wax ku kordhin iyo wax ka
saaridba leh, wxaa wada gaadhaya xubnaha shirkadda wada leh, iyadoo markasta wixii
go’aamo ahi ku ansaxayaan cod hal dheeri ah si dimoquraadiyada waafaqsan

Qod. 21aad Shaqooyinka Gaarka Ah Ee Dadku Lacagtooda La Baxayaan:-

21.1 Formanku wxii loogu shaqaynayo yoomiye ee lacagtana iyagu gaar ahaantooda ula
baxaya wuu u qaban karaa shaqadaaa isagoo ugu shaqaynayaa magaca shirkadda Muuqdheer
Construction Company, si shirkaddu uga faa’iiddo dacaaayadda iyo suuqgeynta

21.2 Waxa kaloo shirkada ugu jira faa’iido labaad oo ah in wixii shaqaale farsamo ee dhinaca
dhismaha ah ee shirkada u shaqeeyaa iyagu shaqo ka helaayaan oo mudada hawshu socoto
ka qayb geli doonaan shaqaadi iyada ah ee la soo sheegay, ee u gaarka ah hawl wadeenka .

Qod. 22 Saxeexa Mulkiilayaasha Shirkadda

S/N Name of share-holders Title Signature

1 Eng. Abdillahi Hersi Daud Chairman
2 Mohamed Ismail Ali Vice-
chairman
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