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Baazeem Trading Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting

BAAZEEM 4051 24.33% 70.00 13.70
Element List Explanation
Introduction The Board of Directors of Baazeem Trading Company is pleased to invite its shareholders to attend the Ordinary General Assembly Meeting (First Meeting) scheduled for 11:30 PM on Thursday 10/09/1442H (corresponding to 22/04/2021G) remotely through modern technology. This is within the support of the preventive and precautionary efforts and measures by the competent health authorities to address the emerging corona virus (COVID-19), and as an extension of the continuous efforts made by all government agencies in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread.
City and Location of the General Assembly's Meeting By Means of Modern Technology
URL for the Meeting Location https://www.any-meeting.com
Date of the General Assembly's Meeting 2021-04-22 Corresponding to 1442-09-10
Time of the General Assembly's Meeting 23:30
Attendance Eligibility Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations
Quorum for Convening the General Assembly's Meeting the Quorum for holding the meeting will be half of the shareholding capital. In case of non-completion of the quorum at this meeting, a second meeting will be held within one hour of the scheduled time for the first meeting, and this meeting will be valid regardless of the number of shares represented therein.
General Assembly Meeting Agenda 1-Voting on the Board of Directors' report for the fiscal year ending on2020/12/31 G.

2-Voting on the auditor’s report for the fiscal year ending on 31/12/2020G.(Attached)

3-Voting on the financial statement for the fiscal year ending on 31/12/2020G.

4-Voting on the clearance of the members of the Board of Directors for the fiscal year ending on 31/12/2020G.

5-Voting on the appointment of external auditor from among the candidates recommended by the Audit Committee to audit the company’s annual financial statements for the first, second, third quarters and annual financial statements for the fiscal year 2021G and the first quarter of the fiscal year 2022G. (attached).

6-Voting on the Board of Director’s recommendation to distribute cash dividends amounted to SAR (17,718,750) to shareholders for the year 2020, with the value of (1.75) SAR per share and at rate of (17.5%) of the capital, provided that the shareholders who own the shares are eligible by the end of the day of the general assembly meeting and those registered in the company’s shareholders register at the Securities Depository Centre Company (Edaa) are traded at the end of the second trading day following the maturity date. the distribution date to be announced later.

7-Voting on the business and contracts concluded or that will be concluded between the Company and Baazeem Establishment In Qatar, in which the Board member Mr.: Salem Saleh Baazeem has direct interest. These businesses and contracts are in the amount of SAR 9,868,961 in the year ending on 31/12/2020. (Attached)

8-Voting on paying an amount of SAR 2,645,000 as remuneration to the Board members for the fiscal year ending on 31/12/2020G.

Proxy Form
E-Vote The remote voting will start at 10 am on Monday 07/09/1442H (corresponding to 19/04/2021G) and shall continue until the end of General Assembly meeting. Please note that registration in Tadawulaty service and voting is provided free of charge for all shareholders through the following link: (https://www.tadawulaty.com.sa)
Eligibility for Attendance Registration and Voting Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes
Method of Communication please contact Tel: 011-4129999 Ext 888 During the company working hours or by e-mail [email protected]
Attached Documents               
General Assembly Meeting Agenda

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