National Medical Care Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting
| Element List | Explanation |
|---|---|
| City and Location of the General Assembly's Meeting | Grand Hall at Riyadh Care Hospital in Riyadh |
| URL for the Meeting Location | https://goo.gl/maps/1zvacvXrHJt |
| Date of the General Assembly's Meeting | 2019-09-15 Corresponding to 1441-01-16 |
| Time of the General Assembly's Meeting | 18:30 |
| Attendance Eligibility | Each shareholder has the right to attend this Ordinary General Assembly meeting from the shareholders registered in the Company's shareholders register at the Depository Center (Depository Center) at the end of the trading session preceding the meeting of the General Assembly and according to the rules and regulations. |
| Quorum for Convening the General Assembly's Meeting | In accordance with Article 32 of the Company's bylaws, the meeting shall be attended by shareholders representing at least 50% of the share capital. If the quorum is not completed at this meeting, a second meeting shall be held one hour after the scheduled time for the first meeting. The second meeting shall be valid regardless of the number of shares represented in it. |
| General Assembly Meeting Agenda | 1- To vote on the board resolution on appointing Mr. Saad Abdulmohsin Alfadly on the Board of Directors effective on 21/05/2019 to complete the current board term, replacing the resigned member Mr. Iyad Abdulrahman Alhussein representing the General Organization for Social Insurance.
2- To vote on the board resolution on appointing Mr. Michael Davis on the Board of Directors effective on 21/05/2019 to complete the current board term, replacing the resigned member Mr. Ahmed Abdulrahman Alhumaidan representing the General Organization for Social Insurance.
3- To vote on the Board of Directors recommendation to terminate the Board of Directors term, which started on 01/01/2018, Effective from the date of the Assembly corresponding to 15/09/2019.
4- If the third item is approved, to vote on the discharge of the Board of Directors for their performance during the period from 01/01/2019 until the date of the Assembly.
5- If the third item is approved, to vote on the election of the Board of Directors for the next term, shall consist of (9) members for a period of (3) Gregorian years starting from the date of the Assembly corresponding to 15/09/2019.
6- To vote on the Board of Directors recommendation to terminate the Audit Committee term, which started on 01/01/2018. Effective from the date of the Assembly corresponding to 15/09/2019.
7- If the sixth item is approved, to vote on the formation of the Audit Committee for the next term, which will start from the date of the Assembly for a period of (3) Gregorian years and on its functions, work controls and the remuneration of its members. The Candidates for membership of the committee are: - Bashar Abdulaziz Abalkhail – Chairman - Mashhoor Mohammed Alobeikan – Member - Sami Suliman Alkhashan – Member
8- To vote on delegating the Board of Directors with the authority of the Ordinary General Assembly by the permit mentioned in item (1) of Article 71 of the companies law, for a period of one year from the date of the approval of the Ordinary General Assembly or until the end of the Board of Directors term, whichever is earlier. In accordance with the conditions stipulated in the regulatory controls and procedures issued in implementation of companies law for listed companies. |
| Proxy Form |  |
| E-Vote | The registered shareholders in the website of the e-trading services may vote on the items of the General Assembly Meeting through electronic voting service. The electronic voting shall start from 10:00 am on Wednesday, 12/01/1441, corresponding to 11/09/2019G and will continue until 4 pm on the Assembly day. Note that registration in TADAWULATY and voting is available free of charge to all shareholders using the following link: www.tadawulaty.com.sa. |
| Eligibility for Attendance Registration and Voting | 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 counting votes by the counting committee. |
| Method of Communication | For inquiries, please call: 0114931881 ext. 123 and 200 during working hours or email: [email protected] |
| Additional Information | The Ordinary General Meeting shall be valid if shareholders present at least half of the capital. If the attendance does not meet with required quorum for holding such a meeting, the second meeting shall be held one hour after the expiry of the period specified for the first meeting, the second meeting shall be valid regardless of the number of shares represented. The shareholder shall also have the right to delegate another person to attend by virtue of a written proxy, and they cannot be a member of the Board of Directors or an employee of the Company. The proxy form attached shall be certified by one of the Chambers of Commerce and Industry if the shareholder is affiliated with one of them or if the shareholder is a company or an institute or has been certified by one of the licensed banks or authorized persons in the Kingdom provided that the client has an account at The bank or the authorized person who certifies or is certified by the notary public or the persons authorized to do the authentication process must provide the company with a copy of the power of proxy accompanied by a copy of the identity card and the commercial register at the following address: (Imam Ahmad bin Hanbal Street, Al Rayyan, PO Box: 29393 Riyadh 11457, or through the email: [email protected]) at least two days prior to the date of the meeting with the presentation of the original copy of the proxy to the company on the day of the AGM. Each shareholder or agent is kindly requested to bring the ID card and presence before the meeting to complete the registration process. |
| Attached Documents |
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