Basic Chemical Industries Co. Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )
| Element List | Explanation |
|---|---|
| Introduction | Basic Chemical Industries Company (BCI) held its Ordinary General Assembly meeting at 19:00 pm on Wednesday June 29, 2022 |
| City and Location of the General Assembly's Meeting | Company's headquarters in Dammam - The assembly was held by means of modern technology and voting was done by the system of Tadawulati |
| Date of the General Assembly's Meeting | 2022-06-29 Corresponding to 1443-11-30 |
| Time of the General Assembly's Meeting | 19:00 |
| Percentage of Attending Shareholders | 44.61% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The meeting was attended and leaded by Abdullah Muhanna Abdul Aziz Al-Moebed (Chairman of BOD and NRC member) |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | None |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. Approving the board recommendation not to distribute cash dividends to shareholders for fiscal year ending on 12/31/2021.
2. Appointing RSM as the company's auditor from among the nominated by the Audit Committee, in order to examine, review and audit the financial statements for the second, third quarters and annual of the fiscal year 2022 and the first quarter of the fiscal year 2023 and determine their fees. |
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