The Knowledge Economic City Company Announces the Opening of the Nomination for the Company’s Board of Directors in its New Cycle
| Element List | Explanation |
|---|---|
| Introduction | Knowledge Economic City Company (the Company) is pleased to announce to its respected shareholders the nomination opening for the membership of its board of directors in its new cycle commencing 28 July 2024 for a three-year term ending on 27 July 2027.
The nomination process will be in accordance with the provisions of the Saudi Companies Law and the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the Company's bylaws, policies, standards, and procedures for membership in the Board of Directors approved by the assembly general meeting. The new board will be elected for the new cycle during the next general assembly meeting, which will be announced according to the related procedures and after obtaining the necessary approvals from the competent authorities to hold the meeting. The voting to elect Board members for the new cycle will be part of the general assembly meeting, which will be announced in accordance with the related procedures and after obtaining the necessary approvals from the competent authorities to hold the meeting. |
| Type of Assembly | New Session |
| Assembly Start Date | 2024-07-28 Corresponding to 1446-01-22 |
| Assembly End Date | 2027-07-27 Corresponding to 1449-02-23 |
| Number of members | 11 |
| Application Start Date | 2024-04-04 Corresponding to 1445-09-25 |
| Application End Date | 2024-05-04 Corresponding to 1445-10-25 |
| Applications Submission Method | The nomination application and its attachments of below-mentioned forms shall be sent during the specified nomination period through one of the following options:
1) By hand-delivered to the Company's headquarters with a receipt confirmation to be issued to the nominee by the Company. 2) Sent by mail to the Company's address: Building No. 5275, Unit No. 1, Al-Madinah Al-Munwwarah 42362-6532, provided that nomination documents arrive before COB 4 May 2024. 3) Email: [email protected] (with the original documents sent to the Company address) The Company's Address: Daiwan Almaarifa - King Abdulaziz Road - Al Mabouth District, Madinah.
For inquiries: Tel (0148651010) ext. (4059) or (4045) |
| Policy and criteria of nomination | Attached |
| Attachment of the CMA approved resume for the nominees for board memberships in the joint-stock companies listed on the Saudi Exchange |  |
| Attached Documents | |
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