Arabian Centres Company (Cenomi Centers) invites its shareholders to attend the Extraordinary General Assembly (First Meeting) Via Modern Technology
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Arabian Centres Company (Cenomi Centers) (the “Company”) is pleased to invite its shareholders to attend the Extraordinary General Assembly (first meeting), on 2761445 (corresponding to 912024 at 8:00 p.m., through means of modern technology using Tadawulaty System. |
| City and Location of the General Assembly's Meeting | Company’s Headquarter located at Nakheel District, P.O. Box 341904, Riyadh 11333, Kingdom of Saudi Arabia, Riyadh City- via modern technology. |
| URL for the Meeting Location | www.tadawulaty.com.sa |
| Date of the General Assembly's Meeting | 2024-01-09 Corresponding to 1445-06-27 |
| Time of the General Assembly's Meeting | 20:00 |
| Attendance Eligibility | Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. |
| Quorum for Convening the General Assembly's Meeting | The Extraordinary General Assembly Meeting shall be valid if attended by shareholders representing at least half of the Company’s capital. If the required quorum is not satisfied, a second meeting shall be held one hour after the expiration of the designated period for convening the first meeting. The second meeting shall be valid if attended by shareholders representing at least one-quarter of the Company’s capital. |
| General Assembly Meeting Agenda | 1. Voting on the authorisation and approval of one or more issuances and offerings of Shari’a compliant sukuk certificates (the “Sukuk") (each, a “Sukuk Offering”) in aggregate principal amount of up to SAR 3,750,000,000 (or equivalent amount in any other currencies as may be determined by the Board of Directors in their own discretion from time to time), which may be issued: (i) on a private placement basis either domestically or internationally; (ii) either as a standalone Sukuk issuance transaction or as an establishment of (together with any periodic updating and supplementing of) a Sukuk issuance programme, and through a single or multiple issuances; and (iii) either through a special purpose vehicle incorporated in an offshore jurisdiction or directly by the Company, in each case in accordance with the Board of Directors’ and the Company’s long term policy to move the Company to more flexible, unsecured financing, and, in the case of each such Sukuk Offering, in accordance with such terms as may be approved by the Board of Directors, and granting the Board of Directors of the Company the general and unconditional authority to carry out all necessary actions or procedures, either directly or by way of delegation, in respect of any such Sukuk Offerings, and to adopt any resolution, take any action and negotiate, approve and enter into any agreement, deed or another document as may be necessary to implement any such Sukuk Offerings, and to decide the number, value and pricing of Sukuk offered pursuant to any such Sukuk Offerings, and the timing of any such Offerings, based on market conditions and the Company’s financial condition, without reverting to the General Assembly of Shareholders. |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right. (Mentioning the E-Voting details, if any) | Shareholders registered at Tadawulaty service may remotely vote on the General Assembly Meeting’s agenda starting from 1 AM on Friday 2361445 corresponding to 512024 until the end of the Assembly meeting time. Registration and voting through Tadawulaty service is provided free of charge through: www.tadawulaty.com.sa |
| Eligibility for Attendance Registration and Voting | Eligibility for Registering the Attendance of the General Assembly's Meeting Ends upon the Convenience of the General Assembly's Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes |
| Method of Communication | Investor Relations Department
Arabian Centres Company (Cenomi Centers) Tel: +966-11-8252080 Fax: +966-11-8252323 Email: ir.centers@cenomi.com |
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