Mubasher TV
Contact Us Advertising   العربية

Zahra Al Waha Trading Co. announces the results of its Ordinary General Meeting No. (2) for 2019 (1st Meeting)

OASIS 3007 -0.16% 31.90 -0.05
Element List Explanation
Introduction Zahra Al Waha Trading Co. announces the results of the Ordinary General Assembly Meeting No. (2) for 2019 (First Meeting)
City and Location of the General Meeting Securities Depository Center (Edaa), Al Taawonah towers, King Fahad Road, Riyadh City
Date of the General Meeting 2019-06-23 Corresponding to 1440-10-20
Time of the General Meeting 20:30
Percentage of Attending Shareholders 78.51 %
Voting Results on the Agenda 1-Approval of the works and contracts between the company and Hana Food Industries Company. The Chairman of the Board of Directors, Mr. Ahmed Hamoud Ibrahim Altheyab, is a member of the Board of Directors and Managing Director and one of the shareholders of Hana Food Industries Company and its license for the coming year 2019. Is a contract for the sale of finished goods (Preform and plastic bottles for various sizes and Weights), the sale and purchase of raw materials, packaging and packaging without discrimination or preferential conditions. The value of dealing for the previous year 2018 sales amounted to 98.6 69,907 SR and purchases of 6,451,705 SR and the balance of the last period on 31 December 2018 was 47,093,430 SR.

2-Approval of the work and contracts that will be between the company and the Abna Hamoud Ibrahim Altheyab Company. The Chairman of the Board of Directors, Mr. Ahmed Hamoud Ibrahim Altheyab, one of the shareholders of the company of Hamoud Ibrahim Altheyab, and license for the next year 2019 Note that the nature of the deal is a service contract Transfer and without discrimination or preferential conditions The value of the transaction for the previous year 2018 was the purchase of service amounting to 285,132 SR and the balance of the last period on 31 December 2018 zero SR.

3-Approval of the discharge of the members of the Board of Directors for the management of the company for the financial year ended 31 December 2018.

4-Approval of the remuneration policy of the members of the Board of Directors, the Committees of the Council and the Executive Management.

5-Approval of the disbursement of 300,000 SR as a bonus to independent directors for the financial year ended 31 December 2018.

Additional Information Zahra Al Waha Trading Company wishes to clarify that it attended the Ordinary General Assembly Meeting No. (2) of 2019 (First Meeting) held on 20 Shawwal 1440H corresponding to June 23, 2019.

Where the meeting was chaired by the Chairman of the Board Mr. Ahmed Hamoud Ibrahim Altheyab.

Members of the Board of Directors attended their names:

1- Mr. Ahmed Hamoud Ibrahim Altheyab Chairman of the Board of Directors

2 - Mr. Tariq Abdulrahman Saleh Al Sadhan Vice Chairman

3 - Mr. George Abdul Karim George Mousa Board Member and Chief Executive Officer

4 - Mr. Taha Mohamed Abdel Wahid Azhary Board Member

5- Mr. Abdulrahman Mohammed Abdul Rahman Al Zuwaidi Board Member

6- Mr. Ahmed Hassan Ahmed Ali Board Member

The presiding officers also attended the meeting

1- Chairman of the Audit Committee Mr. Tarek Abdel Rahman Saleh Al-Sadhan

2 - Chairman of the Nominations and Remuneration Committee Mr. Tariq Abdul Rahman Saleh Al Sadhan

Comments