Saudi Real Estate Co. Invites its Shareholders to attend the Ordinary General Assembly (1st Meeting) Virtually (Online)
| Element List | Explanation |
|---|---|
| Introduction | Al-Akaria's Board of Directors would like to invite the shareholders to participate and vote in the Ordinary General Assembly (first meeting) that will be held on Wednesday 10/08/1443 corresponding to 13/03/2022 at 6:30 PM virtually (online) due to the prevention measures of Covid-19. |
| City and Location of the General Assembly's Meeting | At the Company’s headquarter - Riyadh, virtually (online) |
| URL for the Meeting Location | https://login.tadawulaty.com.sa/ |
| Date of the General Assembly's Meeting | 2022-03-13 Corresponding to 1443-08-10 |
| Time of the General Assembly's Meeting | 18:30 |
| Attendance Eligibility | Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre at the end of the trading session preceding the General Assembly have the right to attend the General Assembly’s meeting as per Laws and Regulations. |
| Quorum for Convening the General Assembly's Meeting | The required quorum for holding an ordinary general assembly meeting is the presence of shareholders representing at least%50 of the capital, if the required quorum is not met at this meeting, a second meeting will be held within one hour after the end of the scheduled time for the first meeting. The second meeting shall be valid regardless of the number of shares represented. |
| General Assembly Meeting Agenda | First: Vote on the amendment of the Audit committee charter (Attached)
Second: Vote on the Audit Committee formation starting from 17/03/2022 ending on 30/01/2025 and its functions, regulations and the member’s remunerations as follows (Cv’s attached): 1- Mohammed Abdullah Al Smari 2- Mohammed Omar Al Eyaide 3- Abdulaziz Mohammed AlBabtain 4- Faisal Farkad AlKhani
Third: Vote on the additional costs of the external auditor related to the issuance of the financial statements for 2019. |
| Proxy Form |  |
| E-Vote | Shareholders registered in Tadawulaty Services can vote remotely on the agenda items of the assembly starting from 10 AM, Wednesday on 6/08/1443 corresponding to 9/03/2022 till the end of the assembly, noting that the registration and voting in "Tadawulaty" services are available for free of charge to all shareholders using the following link www.tadawulaty.com.sa |
| Eligibility for Attendance Registration and Voting | Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes |
| Method of Communication | For any inquiries, please contact the Board of Directors Secretariat Through (0114600000), ext. 3050 – 3055
Email: [email protected] |
| Attached Documents | |
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