Saudi Enaya Cooperative Insurance Company announces its invitation to its shareholders to attend the Ordinary General Assembly Meeting (First Meeting) through modern technology
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Saudi Enaya Cooperative Insurance Company is pleased to invite its shareholders to attend the Ordinary General Assembly meeting (the first meeting), which will be held on Tuesday 23 Shawal 1443 AH corresponding to May 24, 2022 AD, at exactly (6:30pm) through modern technology. |
| City and Location of the General Assembly's Meeting | Jeddah - Head Office Al-Khaldiah District, Though Tadawulaty |
| URL for the Meeting Location | www.tadawulaty.com.sa |
| Date of the General Assembly's Meeting | 2022-05-24 Corresponding to 1443-10-23 |
| Time of the General Assembly's Meeting | 18:30 |
| 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 first Ordinary General meeting will be valid if attended by shareholders representing at least Quarter of the capital, and if the quorum required for holding this meeting is not meet, 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 with any percent. |
| General Assembly Meeting Agenda | Item (1): Voting on the report of the Board of Directors for the fiscal year ending on 31/12/2021. (attached).
Item (2): Voting on the company's auditors' report for the fiscal year ending on 31/12/2021. (attached) Item (3): Voting on the financial statements for the fiscal year ending on 31/12/2021. (attached) Item (4): Voting to absolve the Board of Directors members liability during the year ended 31/12/2021. Item (5): Voting on appointing the company’s auditors from among the candidates based on the recommendation of the Audit Committee to examine, review and audit the financial statements for the second, third, fourth and annual quarter of the fiscal year 2022 and the first quarter of the fiscal year 2023 and determine their fees. Item (6): Voting on the payment of the board and committee members remunerations 1,625,726 for year 2021
Item (7):. Voting on business and contracts concluded between the company and Khaled Ahmed Al-Juffali Company and for which a member of the Board of Directors Mrs. Al-Dana Khaled Al-Juffali has an indirect interest in it which is a medical insurance contract for the company’s employees for a year for 20,933.71SR. This agreement has no Preferential terms. (Attached)
Item (8): Voting on business and contracts concluded between the company and Khaled Ahmed Al-Juffali Industrial Company and for which a member of the Board of Directors Mrs. Al-Dana Khaled Al-Juffali has an indirect interest in it which is a medical insurance contract for the company’s employees for a year for 201,573.08 SR. This agreement has no Preferential terms. (Attached) Item (9): Voting on business and contracts concluded between the company and Khalid Ahmed Al-Juffali Construction Company Limited and for which a member of the Board of Directors Mrs. Al-Dana Khaled Al-Juffali has an indirect interest in it which is a medical insurance contract for the company’s employees for a year for 58,384.44 SR. This agreement has no preferential terms. (Attached)
Item (10): Voting on the business and contracts that will take place between the company and Khaled Ahmed Al-Juffali Energy and Utilities Company Limited and for which a member of the Board of Directors Mrs. Al-Dana Khaled Al-Juffali has an indirect interest in it which is a medical insurance contract for the company’s employees for a year, for 197,250 SR. This agreement has no preferential terms (Attached)
Item (11): Voting on business and contracts concluded between the company and Gap Corp Saudi Arabia Ltd. in which a member of the Board of Directors Mrs. Dana Khaled Al-Juffali has an indirect interest in it, which is a medical insurance contract for the company’s employees for a year for 13,775 SR. This agreement has no preferential terms. (Attached)
Item (12): Voting on business and contracts concluded between the company and Dahna International Marketing Company, in which a member of the Board of Directors Mrs. Dana Khaled Al-Juffali has an indirect interest in it, which is a medical insurance contract for the company’s employees for a year for 19,154.64 SR. This agreement has no preferential terms. (Attached)
Item (13): Voting on business and contracts concluded between the company and Lonsdale and Associates Insurance Brokerage Company, for which a member of the Board of Directors Mrs. Dana Khaled Al-Juffali has an indirect interest in it which is a medical insurance contract for the company’s employees for a year for 260,019.86 SR. for one year, This agreement has no preferential terms. (Attached)
Item (14): Voting on business and contracts concluded between the company and Khaled Ahmed Al-Juffali Company and for which a member of the Board of Directors Mrs. Al-Dana Khaled Al-Juffali has an indirect interest in it which is a medical insurance contract for the company’s employees for a year for 642,407.70 SR. This agreement has no Preferential terms. (Attached)
Item (15): Voting on business and contracts concluded between the company and KHALID JUFFALI Construction CO., in which a member of the Board of Directors Mrs. Dana Khaled Al-Juffali has an indirect interest in it, for one year, which is a medical insurance contract for the company’s employees for a year for 77,559.24 SR. This agreement has no preferential terms. (Attached)
Item (16): Voting on the business and contracts that will take place between the company and the Saudi Electronic Computer Company (SBM Ltd) in which a member of the Board of Directors Mrs. Dana Khaled Al-Juffali has an indirect interest in it which is a contract for providing computer equipment, licenses, and other things for one year, knowing that the business during The year 2021 amounted to 158 thousand Saudi riyals. This agreement has no preferential terms. (Attached)
Item (17): Voting on the business and contracts that will take place between the company and Lonsdale and Associates Insurance Brokerage Company, in which a member of the Board of Directors Mrs. Dana Khaled Al-Juffali has an indirect interest in it which is a contract for providing insurance brokerage services, knowing that the business during the year 2021 amounted to 28 thousand Saudi riyals. This agreement has no preferential terms. (Attached)
Item (18): Vote on the business and contracts concluded between the company and the Juffali Group, which belong to a member of the Board of Directors a. Al-Dana Khaled Al-Juffali has an indirect interest in it, which is the total medical claims paid during the year 2021, amounting to 1,266,000 Saudi riyals, and the claims payment process does not have any preferential procedures. (Attached) |
| Proxy Form |  |
| E-Vote | We would like to point out that the Shareholders registered in Tadawulaty services will be able to vote remotely on the Assembly items starting from 10:00 am on Friday, 20-05-2022 until the end of the time of the Assembly’s meeting. Contributors using the following link:
www.tadawulaty.com.sa |
| Eligibility for Attendance Registration and Voting | Registering attendance electronic and voting using the Tadawulaty system in the Assembly’s meeting, according to the rules and regulations, knowing that the eligibility to register attendance for the Assembly meeting expires at the time of the assembly’s meeting. Likewise, the right to vote on the Assembly’s items to attendees ends when the Sorting Committee finishes counting votes. |
| Method of Communication | Any questions or quires should be communicated to shareholder relations on
or by calling +966125923653
Shareholders can also participate in the deliberations of the aforementioned general assembly meeting, link below during the meeting: https://app.jameeah.com/meetings/ |
| Attached Documents | |
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