Mubasher TV
Contact Us Advertising   العربية

Naseej International Trading Company invites its shareholders to attend the General Assembly meeting (First Meeting) by means of modern technology

NASEEJ 1213 -0.38% 39.35 -0.15
Element List Explanation
Introduction The Board of Directors of Naseej International Trading Company is pleased to invite its shareholders to participate and vote in the General Assembly Meeting (the First Meeting( by means of modern technology, as part of the support of preventive and precautionary efforts and measures by the competent and relevant health authorities in the Kingdom Saudi Arabia to limit the spread of the 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 Via modern technology means from the company Head Office - Jeddah Industrial City – Phase 4 - Factory (1).
URL for the Meeting Location www.tadawulaty.com.sa
Date of the General Assembly's Meeting 2021-05-06 Corresponding to 1442-09-24
Time of the General Assembly's Meeting 21:30
Attendance Eligibility Attendance Eligibility to the Shareholders registered in the Company Shareholders Register in the Depository Centre at the end of the trading session preceding the AGM via registration of electronic attendance and e-voting through using Tadawulaty system and as per the rules and regulations.
Quorum for Convening the General Assembly's Meeting The quorum for holding the General Assembly shall be considered valid if attended by shareholders who represent at least a quarter of the Company’s share capital. If the required quorum has not been met, a second meeting will be held one hour from the time of the first meeting was supposed to convene. The second meeting shall be valid whatever the number of shares represented
General Assembly Meeting Agenda 1. Voting on the Board of Directors' report for the fiscal year ending on 31/12/2020 G.

2.Voting on the auditor’s report on the Company’s accounts for the fiscal year ending on 31/12/2020 G.

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

4. Voting on appointing the auditor for the Company from among the candidates based on the Audit Committee's recommendation. The appointed auditor shall examine, review and audit the (second, third, and fourth) quarter and annual financial statements, of the fiscal year 2021 G., and the first quarter of the fiscal year 2022 G., and the determination of the auditor’s remuneration.

5. - Voting on releasing the members of the Board of Directors from their liabilities for the fiscal year ending on 31 December 2020.

6. Voting on the business and contracts that will be concluded between the Company and Al Sorayai Group for Industrial Investment, in which the Chairman of the Board Mr. Saleh Nasser AL Sorayai (Non-Executive) has a direct interest in it. These businesses and contracts are about purchasing and supplying raw materials to factories. Note that transactions for the last year 2020 amounted to (SAR 3,085,185), (There are no preferential terms in the contracts) (Attached).

7. Voting on the business and contracts that will be concluded between the Company and the Saudi Carpet Accessories Manufacturing Company Ltd. (Matex), in which the Chairman of the Board Mr. Saleh Nasser AL Sorayai (Non-Executive) has a direct interest in it. These businesses and contracts are about purchasing and supplying raw materials to factories. Note that transactions for the last year 2020 amounted to (SAR 11,454,199), (There are no preferential terms in the contracts) (Attached).

8. Voting on the business and contracts that will be concluded between the Company and Al-Hikma Real Estate Development Company, in which the Chairman of the Board Mr. Saleh Nasser AL Sorayai (Non-Executive) has a direct interest in it. These businesses and contracts are about lease contracts for showrooms, warehouses and offices owned by Al-Hikma Company. Note that transactions for the last year 2020 amounted to (SAR 2,152,500 ), (There are no preferential terms in the contracts) (Attached).

9. Voting on delegating to the Board of Directors the authorization powers of the General Assembly stipulated in paragraph (1) of Article 71 of the Companies Law, for a period of one year starting from the date of the approval by the General Assembly or until the end of the delegated Board of Directors’ term, whichever is earlier, in accordance with the conditions set forth in the Regulatory Rules and Procedures issued pursuant to the Companies Law relating to Listed Joint Stock Companies.

10. Voting on amendment of the Audit Committee Charter. (Attached)

11. Voting for election of the Board members from among the candidates for the next term, commencing from 16 July 2021 G. for a term of three years, ending on 15 July 2024 G. (Candidates' CVs attached)

12. Voting on the formation of the Audit Committee, and the definition of its duties, work regulations and remuneration of its members for the new term, starting from 16 July 2021 G. until the end of the term on 15 July 2024 G. The following are the names of the candidates, (whose CVs are attached):

A. Mansour Saleh Al Kharboush

B. Khalid Abdulaziz S Alhoshan

C. Abdullah Salim Al Haiqi

Proxy Form
E-Vote The shareholders registered in Tadawulaty services may vote remotely on the agenda of the General Assembly Meeting starting at 10:00 AM on Monday 21/09/1442 corresponding to 03/06/2021 Until the time the general assembly meeting ends. Please note that registration in Tadawulaty service and voting is provided free of charge for all shareholders through the (E-Voting) services at:

https://www.tadawulaty.com.sa

Eligibility for Attendance Registration and Voting Eligibility for registering the attendance of the GAM ends upon the beginning of the GAM. Eligibility for voting on the GAM Agenda ends upon the Counting Committee concludes counting the votes
Method of Communication In case of any inquiries and shareholders questions on this meeting’s agenda items can be received through phone No. (6222608) and the Investor Relations Department’s email address, at Email: [email protected]
Attached Documents      

Comments