Academy of Learning Co. Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )
| Element List | Explanation |
|---|---|
| Introduction | Academy of Learning Company is pleased to announce the results of the Ordinary General Assembly Meeting (First Meeting), which was held at 22:30 on Wednesday 14/09/1444 corresponding to 05/04/2023 |
| City and Location of the General Assembly's Meeting | Dammam City- by means of modern technology |
| Date of the General Assembly's Meeting | 2023-04-05 Corresponding to 1444-09-14 |
| Time of the General Assembly's Meeting | 22:30 |
| Percentage of Attending Shareholders | 69,87% |
| 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. Khalid Mohammed Al-Ammar 2- Mr. Nasir Abdulrahman Al-Zamil 3- Dr. Mohammed Abdullah Al-Ajlan 4- Mr. Saadoun Khalid Al-Khalidi 5- Mr. Hasan Mohammed Al-Shibli |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | Head of Audit Committee
Dr. Mohammed Abdullah Al-Ajlan |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1- Review and discuss the report of the Board of Directors for the fiscal year ending on 31/12/2022.
2- Approval of the auditor's report for the fiscal year ending on 31/12/2022. 3- Review and discuss the financial statements for the fiscal year ending on 31/12/2022. 4- The approval of appointing the office of Dr. Muhammad Al-Omari and Partners as an external auditor for the company’s accounts from among the candidates based on the recommendation of the Audit Committee, in order to examine and audit the semi-annual and annual financial statements of the fiscal year 2023 and the first half of the fiscal year 2024, and determine his fees 5- The approval of the Board of Directors’ recommendation to distribute the amount of (12,000,000) Saudi riyals cash dividends to the shareholders for the second half of 2022, and the dividend per share is 2 riyals, representing 20% of the nominal value per share, provided that the eligibility is for the shareholders who own the shares at the end of trading day of the General Assembly meeting and those registered in the company’s shareholders register with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the due date, the dividend distribution date will be on Thursday 16/04/2023. |
| Additional Information | In case of any inquiries, please contact the Investors Relations Department by phone at the following number: 0138350522 or via e-mail to [email protected] , during the official working hours of the company from Sunday to Thursday from nine in the morning to five in the evening. |
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