Sumou Real Estate Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting via modern technology means.
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors is pleased to invite the company shareholders to attend the Ordinary general assembly meeting (First Meeting) which is scheduled to be held, at 6:30 pm on Wednesday 04-05-1443 corresponding to 08-12-2021 through modern technology, within the preventive and precautionary quality support by government agencies and sites to address the emerging Corona virus (COVID-19), and as an extension of the continuous efforts among all government agencies in the Kingdom of Saudi Arabia . |
| City and Location of the General Assembly's Meeting | Through modern technology means from the company's headquarters in Khobar - Prince Turki Bin Abdulaziz Road – Sumou Tower |
| URL for the Meeting Location | http://tadawulaty.com.sa |
| Date of the General Assembly's Meeting | 2021-12-08 Corresponding to 1443-05-04 |
| Time of the General Assembly's Meeting | 18:30 |
| Attendance Eligibility | Shareholders Registered in the Issuer’s Shareholders Registry in the Edaa 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 | According to Article (34) of the company’s Articles of Association, an Ordinary general assembly meeting is valid if attended by shareholders who represent at least half of the capital. In the event that the quorum is not completed in the first meeting, the second meeting will be held one hour after the time of the first meeting, and the second meeting will be considered valid if attended by shareholders who represent at least a quarter of the capital. |
| General Assembly Meeting Agenda | 1. Voting for election of the Board members from among the candidates for the next term, commencing from 24/12/2021G. for a term of three years, ending on 23/12/2024G. (Candidates' CVs attached).
2. 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 |
| Proxy Form |  |
| E-Vote | Registered shareholders in Tadawulaty services can vote remotely on the general Assembly’s meeting agenda starting from 10:00 am, Saturday 29/04/1443 (04/12/2021), until the end of the Assembly meeting, the service is provided by Edaa Center free of charge for all shareholders. Registration and voting can be done through the following link:
login.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 | If there is an inquiry about the Ordinary assembly agenda items, contact the following numbers: 0503440485 or 0500900340 or via e-mail [email protected] |
| Additional Information | All data related to the items of the above general assembly Meeting are available at the Investor Relations Department at the company's headquarters. |
| Attached Documents | |
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