Mubasher TV
Contact Us Advertising   العربية

Dallah Healthcare Company Invites its Shareholders to Attend the Extraordinary General Assembly Meeting that includes Capital increase of the Company (First Meeting) in person and by means of modern technology

DALLAH HEALTH 4004 -0.38% 156.40 -0.60
Element List Explanation
Introduction The Board of Directors of Dallah Healthcare Company (the "Company") is pleased to invite its shareholders to participate and vote in the Extraordinary General Assembly Meeting (the first meeting), which includes the increase of the share capital of the Company and is scheduled to be held, God willing, on 03/06/1444H (corresponding to 27/12/2022G), in person and by means of modern technology.
City and Location of the Extraordinary General Assembly's Meeting Riyadh at Dallah hospital –North clinics (3rd floor – training room) - as well as through means of modern technology
URL for the Meeting Location https://goo.gl/ccpcZR

www.tadawulaty.com.sa

Date of the Extraordinary General Assembly's Meeting 2022-12-27 Corresponding to 1444-06-03
Time of the Extraordinary General Assembly's Meeting 19:30
Attendance Eligibility As per the rules and regulations, any shareholder registered in the Company's share registry at the Depository Center (Edaa) as of the end of the trading session prior to the General Assembly meeting, has the right to attend the General Assembly meeting.
Quorum for Convening the General Assembly's Meeting According to Article 34 of the Company’s Bylaws, the meeting of the Extraordinary General Assembly shall not be valid unless attended by shareholders representing at least half of the capital, If this quorum is not met during the first meeting, a second meeting will be held within one hour of the scheduled time for the first meeting, and the second meeting will be valid if attended by shareholders representing at least one quarter of the capital.
Meeting Agenda Voting on the Board of Director's recommendation to increase the Company's capital as follows:

a) The Company's share capital will be increased from nine hundred million (900,000,000) Saudi Riyals to nine hundred seventy-six million eight hundred eleven thousand six hundred sixty (976,811,660) Saudi Riyals by issuing Seven million six hundred eighty-one thousand one hundred sixty-six (7,681,166) new ordinary shares with a nominal value of seventy-six million eight hundred eleven thousand six hundred sixty (76,811,660) Saudi Riyals in favor of Kun Investment Holding Company in exchange for the transfer of fourteen million two hundred thirty-two thousand six hundred ninety (14,232,690) ordinary shares in International Medical Center Company from Kun Investment Holding Company, in accordance with the terms and conditions of the Share Sale and Purchase Agreement entered into between the Company and Kun Investment Holding Company on 21/11/1444H (corresponding to 22/06/2022G), and the Company seeks to increase its capital for the purpose of acquiring 18.98% of the share capital of International Medical Center Company (the "Acquisition").

b) Amending Article 7 of the Company’s Bylaws related to the capital (attached).

c) Authorizing the Board of Directors or any person authorized by the Board of Directors to issue any decision or take any action that may be necessary to implement any of the aforementioned decisions related to this acquisition.

d) The effective date for the capital increase will occur following the completion of the transfer of ownership of shares in International Medical Center Company from Kun Investment Holding Company in favor of the Company.

Proxy Form
E-Vote The valued shareholders registered on the Tadawulaty services will be able to vote remotely on the agenda items of the Assembly’s meeting, which will start from 1 am on 29/05/1444H (corresponding to 23/12/2022G) until the end of the assembly, and the registration and voting will be in Tadawulaty services, free of charge to all shareholders via the following link: www.tadawulaty.com.sa
Eligibility for Attendance Registration and Voting Eligibility for attendance registration and voting ends upon the convenience of the General Assembly’s meeting. Eligibility for voting on the agenda items ends upon the Counting Committee concludes counting the votes.
Method of Communication In case of any inquiries or questions regarding the meeting schedule, please contact the Investors Relations Department:

Telephone: +966 11 2255065 (5769, 5001)

Fax: +966 11 4550803

Email: [email protected]

Additional Information It should be noted that the Acquisition includes related parties, as follows:

• Dallah Al-Baraka Holding Company (as a substantial shareholder in the Company);

• Abdullah Saleh Kamel for being: (i) the Chairman and substantial shareholder (directly and indirectly) in Dallah Al-Baraka Holding Company, and (ii) the sole shareholder of Kun Investment Holding Company;

• Muhei Addein Saleh Kamel for being the Vice-Chairman of the Company and the brother of Abdullah Saleh Kamel; and

• Mohamed Nabil Hefni for being a director in the Company and the CEO of the Kun Investment Holding Company and a director in International Medical Center Company.

Therefore, the votes of the Related Parties will not be counted when voting on the decision of the Acquisition in the extraordinary general assembly pertaining to the capital increase of the Company.

Attached Documents   

Comments