Saudi Industrial Development Company (SIDC) announces the results of the Thirty-Sixth Ordinary General Assembly Meeting (Second Meeting).
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of the Saudi Industrial Development Company (SIDC) is pleased to announce the results of the Thirty Sixth Ordinary General Assembly Meeting (Second Meeting) held after one hour from the time specified for the first meeting which was not held due to lack of quorum. |
| City and Location of the General Assembly's Meeting | Head Office - Jeddah - Prince Mohmed Bin Abdulaziz St. (Meeting was held by Means of Modern technology) |
| Date of the General Assembly's Meeting | 2022-07-17 Corresponding to 1443-12-18 |
| Time of the General Assembly's Meeting | 20:30 |
| Percentage of Attending Shareholders | 15.49% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | Assembly Meeting was attended by all members of the Board of Directors, namely:
Mr. Abdulelah Bin Mohamed AlAsakir (Chairman of the Board of Directors) Engr. Bandar Bin Abdullah AlHomaidhi (Vice Chairman of the Board of Directors & Managing Director) Mr. Ibrahim Bin Abdullah AlHomaidhi Mr. Ahmed Bin Abdullah Alkanhal Mr. Ahmed Bin Abdullah AlMohsen Mr. Badr Bin Ali ALTurki Mr. Saleh Bin Hamad AlShraim Engr. Ali Bin Ahmed AlDharwi Engr. Omar Bin Ibrahim ALNasser Mr. Nasser Bin Mishari AlFurhood |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | Meeting was attended by Chairmen of all committees, namely:
Mr. Nasser Bin Mishari AlFurhood (Chairman of the Audit Committee) Mr. Saleh Bin Hamad AlShraim (Chairman of the Remunerations & Nominations Committee) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | Assembly approved item on agenda as per the followings:
Approved the appointment of Dr. Mohamed Al-Amri & Co. (Certified Accountants) as company auditor from among the nominees based on the recommendation of the audit committee to examine, review, and audit the financial statements of the company for the second and third quarter, annual financial statements of the year 2022, and the first quarter of the year 2023 and determine their fees. |
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