Saudi Enaya Cooperative Insurance Company announces its invitation to its shareholders to vote on the agenda of the Ordinary General Assembly Meeting (First Meeting) through modern technology
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Saudi Enaya Cooperative Insurance Company is pleased to invite its shareholders to vote on the Agenda of the Ordinary General Assembly meeting (the first meeting), which will be held on Thursday 29 Dhul-Qidah 1445 AH corresponding to 06 June, 2024AD, at exactly (18:30) through modern technology that enables shareholders to participate in its deliberations and voting on its decisions. |
| City and Location of the General Assembly's Meeting | The company's headquarters in Jeddah - Khalidiya District-Though Tadawulaty |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2024-06-06 Corresponding to 1445-11-29 |
| Time of the General Assembly’s Meeting | 18:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee. |
| Quorum for Convening the General Assembly's Meeting | The first Ordinary General meeting will be valid if attended by shareholders representing at least Quarter of the capital, and if the quorum required for holding this meeting is not meet, the second meeting will be held one hour after the end of the period specified for the first meeting, and the second meeting will be valid with any percent. |
| General Assembly Meeting Agenda | Item (1): Review and discuss the report of the Board of Directors for the fiscal year ending on 31/12/2023.
Item (2): Voting on the company's auditors' report for the fiscal year ending on 31/12/2023 after discussing it.
Item (3): Review and discuss the financial statements for the year ended 31 December 2023.
Item (4): Voting to absolve the Board of Directors members liability during the year ended 31/12/2023.
Item (5): Voting on appointing the company’s auditors from among the candidates based on the recommendation of the Board of Directors to examine, review, and audit the financial statements for the second, third, fourth and annual quarter of the fiscal year 2024 and the first quarter of the fiscal year 2025 and determine their fees.
Item (6): Voting on the payment of the board and committee members remunerations (1,018,466) for year 2023.
Item (7): Voting on business and contracts concluded between the company and Khaled Ahmed Al-Juffali Company and for which a member of the Board of Directors Mrs. Al-Dana Khaled Al-Juffali has an indirect interest in it which is a medical insurance contract for the company’s employees for a year for 1,133,356 SR. This agreement has no Preferential terms.
Item (8): Voting on business and contracts concluded between the company and Khaled Ahmed Al-Juffali Industrial Company and for which a member of the Board of Directors Mrs. Al-Dana Khaled Al-Juffali has an indirect interest in it which is a medical insurance contract for the company’s employees for a year for 74,016. This agreement has no Preferential terms.
Item (9): Voting on business and contracts concluded between the company and Khalid Ahmed Al-Juffali Construction Company Limited and for which a member of the Board of Directors Mrs. Al-Dana Khaled Al-Juffali has an indirect interest in it which is a medical insurance contract for the company’s employees for a year for 116,570 SR. This agreement has no preferential terms.
Item (10): Voting on business and contracts concluded between the company and Lonsdale and Associates Insurance Brokerage Company, for which a member of the Board of Directors Mrs. Dana Khaled Al-Juffali has an indirect interest in it which is a medical insurance contract for the company’s employees for a year for 278,132 SR. for one year, This agreement has no preferential terms.
Item (11): Voting on business and contracts concluded between the company and KHALID JUFFALI Construction Company., in which a member of the Board of Directors Mrs. Dana Khaled Al-Juffali has an indirect interest in it, for one year, which is a medical insurance contract for the company’s employees for a year for 120,085 SR. This agreement has no preferential terms.
Item (12): Voting on business and contracts concluded between the company and Lonsdale and Associates Insurance Brokerage Company Riyadh Branch, for which a member of the Board of Directors Mrs. Dana Khaled Al-Juffali has an indirect interest in it which is a medical insurance contract for the company’s employees for a year for 36,208 SR. This agreement has no preferential terms.
Item (13): Voting on business and contracts concluded between the company and Saudi Arabian Cyprus Company., in which a member of the Board of Directors Mrs. Dana Khaled Al-Juffali has an indirect interest in it, which is a medical insurance contract for the company’s employees for a year for 146,605 SR. This agreement has no preferential terms.
Item (14): Voting on the business and contracts that will take place between the company and the Saudi Electronic Computer Company (SBM Ltd) in which a member of the Board of Directors Mrs. Dana Khaled Al-Juffali has an indirect interest in it which is a contract for providing computer equipment, licenses, and other things knowing that the business during The year 2023 amounted to 345K Saudi riyals. This agreement has no preferential term. |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | The present shareholders also have the right to discuss the topics on the agenda and ask questions. |
| Details of the electronic voting on the Assembly’s agenda | We want to point out that the Shareholders registered in Tadawulaty services will be able to vote remotely on the Assembly items starting from 01:00 am on Sunday,
02-06-2024 corresponding to 25 Dhul-Qidah 1445 AH until the end of the time of the Assembly’s meeting. Contributors using the following link:
www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | Any questions or quires should be communicated to
shareholder relations on 0122119443 – 0122119417 0556775333 - 0552200681 Or by email to [email protected] |
| Attached Documents | |
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