ASharqiyah Development Co. invites its shareholders to attend the Ordinary general assembly Meeting (1st meeting) by means of modern technology
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of ASharqiyah Development Co is pleased to invite the honorable shareholders to participate and vote in the Ordinary General Assembly meeting (the first meeting), which is scheduled to be held via modern technology means, God Almighty, at 19:00 on monday 01/12/1444 AH corresponding to 19/06/2023 AD |
| City and Location of the General Assembly's Meeting | Dammam - Al Nakheel King Khalid Bin Abdul Aziz Street Clock Tower Building
by means of modern technology |
| URL for the Meeting Location | http://www.tadawulaty.com.sa |
| Date of the General Assembly's Meeting | 2023-06-19 Corresponding to 1444-12-01 |
| Time of the General Assembly's Meeting | 19:00 |
| Attendance Eligibility | Each shareholder who is registered in the Company's shareholders ’register at the Depository Center shall be entitled to attend the General Assembly meeting at the end of the deliberating session preceding the General Assembly meeting, according to the rules and regulations. |
| Quorum for Convening the General Assembly's Meeting | The meeting of the Ordinary General Assembly shall be valid if attended by shareholders representing at least one quarter of the company paid up capital. If the quorum for the first meeting is not completed, a second meeting shall be conducted one hour after the time allocated for the first meeting. The second meeting shall be valid regardless of the number of shares represented therein. |
| General Assembly Meeting Agenda | (1) View and discuss the report of the Board of Directors for the fiscal year ending on 12/31/2022.
(2) Voting on the report of the external auditor of the company for the financial year ended 31/12/2022. (3) Reviewing and discussing the financial statements for the fiscal year ending on 12/31/2022. (4) Voting on the selection of external auditor recommended by the Audit Committee to review the quarterly and annual financial statements from second quarter of the year 2023 to the first quarter for the year of 2024 and determine their fees. |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right. (Mentioning the E-Voting details, if any) | Note that the shareholders who are registered in the Tadawulati services will be able to vote remotely on the association’s items starting from 1:00 AM on Wednesday 26/11/14444 AH corresponding to 15/06/2023 till the end time of the meeting . and the registration and voting in Tadawulati services will be available and free for all shareholders by using the link www.tadawulaty.com.sa, and if there is any inquiry we hope to contact the shareholders relations department Email [email protected] Phone 0138099439 ext 44 |
| Eligibility for Attendance Registration and Voting | Noting that the eligibility to attend the meeting of the association ends at the time of the meeting, and the right to vote on the association’s items for the attendees ends when the counting committee finishes counting the votes. |
| Method of Communication | For inquiries, please call: 0138099439 EXT.44 or fax: 0138099438
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| Attached Documents | |
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