Saudi Arabian Amiantit Co. announce to invite its shareholders to attend the Ordinary General Meeting ( First Meeting )
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Saudi Arabian Amiantit Co. invites its shareholders to attend the Ordinary General Assembly meeting |
| City and Location of the General Meeting | In the Company head office at the 1st Industrial Area, Dammam (Dammam-AlKhobar Road Highway) |
| Hyperlink of the meeting location | Amiantit |
| Date of the General Meeting | 2019-05-08 Corresponding to 1440-09-03 |
| Time of the General Meeting | 21:30 |
| shareholding Eligibility to attend general assembly meeting | Each shareholder has the right to attend the Ordinary General Assembly meeting among those registered in the share book of the Deposit Center, the lockup date at the end of session prior the closing date of meeting. The right to register the attendance of the meeting of the Assembly ends at the time of the Assembly and the right to vote on the Assembly's items to attendees ends at the end of the counting committee of the counting of votes |
| Quorum as percentage of shareholding | The quorum necessary for the above meeting to be held is the attendance of shareholders representing 25% the share capital for the first meeting. In case such quorum could not be achieved, a second meeting will be held one hour after the first meeting scheduled time. The second meeting will be considered to have the legal quorum irrespective of the percentage of shares represented by attendees |
| General Meeting Agenda | 1-To vote on the Board of Directors Report for the financial year ending 31-12-2018.
2-To vote on the External Auditor’s Report for the Financial Year ending 31-12-2018
3-To vote on the consolidated Financial Statements for the Financial Year ending 31-12-2018 4-To vote on discharging the Board of Directors from the responsibilities for the year ending 31-12-2018. 5-To vote on the appointment of the External Auditor from those auditors nominated by the Audit Committee to Audit & inspect the Financials of the first quarter, second, third, fourth & the year 2019 and fixing its fees. 6-To vote on the Board of Directors Remuneration amounting for SAR 2,500,000 for the year ending 31-12-2018 |
| proxy details form |  |
| E-Vote | The electronic voting services will be available to the all shareholders through Tadawulaty website: www.tadawulaty.com.sa from Sunday May 5 2019 G at 10:00 AM until Wednesday May 08 2019 at 04:00PM. |
| Additional Information | Shareholders who are interested to attend the General Assembly, should be present at the meeting location enough time prior to the meeting to allow for registration.
Those shareholders who could not attend can issue a proxy to others (excluding the Board of Director members and company employees). A specimen of the proxy is attached, a copy of the proxy should be sent (at least two days before the date of the Assembly) to the company duly attested from a chamber of commerce if the shareholder is a subscriber in the chamber or he is a corporate person or establishment, or banks if the shareholder has an account with them or licensed authentication bodies or notary public to the following address:
Saudi Arabian Amiantit co. Dammam 1st Industrial Area, Dammam – Al Khobar Highway, Street no. 10, Wasel P.O. Box 3361, Zip code 32234, Dammam – KSA
The Shareholders/ representative by proxy must hold original proxy and national ID.
For more information please contact investers relations Dep.:0138471500/EX:1588 [email protected] |
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