Watani Iron Steel Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of watani iron steel Co. is pleased to invite the valued shareholders to attend the meeting of the General Assembly (the first and second meeting after an hour) scheduled to be held through modern technology methods using link (www.tadawulaty.com.sa), In support of preventive and precautionary efforts and measures by the competent and relevant health authorities to address the new coronavirus (COVID-19) and as an extension of the ongoing efforts of all government agencies in Saudi Arabia to take preventive measures to prevent its spread |
| City and Location of the General Assembly's Meeting | The Company HQ in Riyadh |
| URL for the Meeting Location | https://www.tadawulaty.com.sa |
| Date of the General Assembly's Meeting | 2021-05-31 Corresponding to 1442-10-19 |
| Time of the General Assembly's Meeting | 20:00 |
| 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 Ordinary General Assembly meeting is valid if attended by shareholders representing at least half of the company's capital. If the quorum required for holding this meeting is not available, the second meeting will be held one hour after the end of the period specified for the first meeting, and the second meeting will be valid regardless of the number of shares represented in it. |
| General Assembly Meeting Agenda | 1-Voting on the Board of Directors' report for the fiscal year ending on 31/12/2020
2-Voting on the company's auditor's report for the fiscal year ending on 31/12/2020 3-Voting on the financial statements for the fiscal year ending on 31/12/2020 4-Voting on discharge the members of the Board of Directors from liability for the fiscal year ending on 31/12/2020 5-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 annual financial statements of the fiscal year 2021and semi annual and annual financial statements of the fiscal year 2022 . and the determination of the auditor remuneration |
| Proxy Form |  |
| E-Vote | Shareholders registered in the Tadawulati services will be able to vote remotely on the assembly’s articles, starting at (ten) in the morning.
(Five days before the day of the assembly) and until the end of the assembly time, registration and voting in my deliberative services will be available and free of charge to all shareholders using the following link: 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 | For inquiry about the association’s provisions, we hope to contact the Shareholders Relations Department, direct phone 0112524477
(During official working hours) or email [email protected] |
| Attached Documents | |
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