Saudi Printing and Packaging Co. Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )
| Element List | Explanation |
|---|---|
| Introduction | Saudi Printing and Packaging Company announces the results of the Ordinary General Assembly Meeting (First Meeting) scheduled at 08:30 PM on Monday 1443-10-15 AH corresponding to 2022-05-16, via modern technology |
| City and Location of the General Assembly's Meeting | Company Head Office at Riyadh, via modern technology. |
| Date of the General Assembly's Meeting | 2022-05-16 Corresponding to 1443-10-15 |
| Time of the General Assembly's Meeting | 20:30 |
| Percentage of Attending Shareholders | 68.2% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The Following Board Members Attended the Meeting:
1-Mr. Adel bin Marzouq Al Nasser (Chairman of the Board of Directors) 2-Dr. Mohammed Amin Dawood kashgari (Vice Chairman) 3-Mr. Fahd Ibrahim Al-Mufarrij (Managing Director) 4-Dr. Turki Omar Saleh Baqshan 5-Mr. Mohammed zamel Al-Laaboun 6-Mr. Saleh Hussain Al-Dowais 7- Mr. Mohammed bin Mutlaq Al-Amaj 8- Mr. Mohammed Abdulfatah Nazer With the absence of: 1-Mr. Khalid Mohammed Al Hokail |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | 1-Mr. Adel bin Marzouq Al Nasser- Executive Committee Chairman
2- Dr. Turki Omar Saleh Baqshan- Audit Committee Chairman |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1- Approve the External Auditor Report for the fiscal year ending on 31/12/2021.
2- Approve the Financial Statements for the fiscal year ending on 31/12/2021.
3- Approve the Board of Directors Report for the fiscal year ending on 31/12/2021.
4- Approval on the appointment of Ernst & Young professional Services as auditor for the company from among the candidates nominated based on the recommendation of Audit Committee to review and audit financial statements of the second quarter, third quarter, fourth quarter and the annual of the fiscal year 2022. In addition to the first quarter of the fiscal year 2023.
5- Approve the discharge of the Board of Directors members for the fiscal year ending 31/12/2021.
6- Approve the transactions and contracts that will be concluded between the company and The Saudi Research and Media Group, where Mr. Adel bin Marzouq Al-Nasser (Chairman) and Dr. Turki bin Omar Saleh Bugshan (Board of Directors member) has indirect interest. there was a printing contract, the value of these transactions reached in 2021 SR (56,775) without preferential terms.
7- Approve the transactions and contracts that will be concluded between the company and The Saudi Research and Publishing Company (owned by the Saudi Research and Media Group), where Mr. Adel bin Marzouq Al-Nasser (Chairman) and Dr. Turki bin Omar Saleh Bugshan (Board of Directors member) has indirect interest. there was a printing contract, the value of these transactions reached in 2021 SR (21,547,183) without preferential terms.
8- Approve the transactions and contracts that will be concluded between the company and The Saudi Specialized Publishing Company (owned by the Saudi Research and Media Group), where Mr. Adel bin Marzouq Al-Nasser (Chairman) and Dr. Turki bin Omar Saleh Bugshan (Board of Directors member) has indirect interest. there was a printing contract, the value of these transactions reached in 2021 SR (476,090) without preferential terms.
9- Approve the transactions and contracts that will be concluded between the company and The Gulf Advertising and Public Relations Company (owned by the Saudi Research and Media Group), where Mr. Adel bin Marzouq Al-Nasser (Chairman) and Dr. Turki bin Omar Saleh Bugshan (Board of Directors member) has indirect interest. there was a printing contract, the value of these transactions reached in 2021 SR (39,670) without preferential terms.
10- Approve the transactions and contracts that will be concluded between the company and Taoq Research and Public Relations Company (owned by the Saudi Research and Media Group), where Mr. Adel bin Marzouq Al-Nasser (Chairman) and Dr. Turki bin Omar Saleh Bugshan (Board of Directors member) has indirect interest. there was a printing contract, the value of these transactions reached in 2021 SR (576,460) without preferential terms.
11- Approve the transactions and contracts that will be concluded between the company and The Saudi Distribution Company (owned by the Saudi Research and Media Group), where Mr. Adel bin Marzouq Al-Nasser (Chairman) and Dr. Turki bin Omar Saleh Bugshan (Board of Directors member) has indirect interest. there was a printing contract, the value of these transactions reached in 2021 SR (500) without preferential terms. |
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