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Naseej International Trading Co. Announces Measures to be Taken and Time Frames after the Accumulated Losses Thereof Reached 65.4 % of the Capital

NASEEJ 1213 113.21% 83.90 44.55
Element List Explanation
Introduction No English translation, kindly refer to the Arabic version
Date of the Posting the Company's Announcement that the Accumulated Losses Thereof Reached 50% or more of its Capital on Tadawul's Website 2020-11-09 Corresponding to 1442-03-23
Date of Notifying the Board of Directors with the Accumulated Loss 2020-11-09 Corresponding to 1442-03-23
Date the Period given to the Board to Invite the Extraordinary General Assembly for A Meeting Ends as per Article 150 of the Companies Law 2020-11-23 Corresponding to 1442-04-08
The Deadline for Convening the Extraordinary General Assembly to Address the Accumulated Losses as per Article 150 of the Companies Law 2020-12-23 Corresponding to 1442-05-08
Non Convening of the Extraordinary Meeting within 45 Days from Board of Directors Knowledge of the Loses or if the Meeting was Convened but No Decision is Taken In case the above mentioned Extraordinary General Assembly Meeting is not Convened within 45 Days from the date of the Board of Directors’ Knowledge of the Losses (Which Ends on XX/XX/XXXX) or in Case the Meeting is Convened but No Decision is Taken, the Company will be Considered Dissolved by Force of Law as per Article 150 of the Companies Law.
Additional Information No English translation, kindly refer to the Arabic version

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