Ades Holding Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Extraordinary General Assembly Meeting
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Ades Holding Company is pleased to invite its shareholders to participate and vote at the company’s Extraordinary General Assembly meeting (first meeting) scheduled to be held on 09/07/1445H corresponding to 21/01/2024G at exactly 18:30 through modern technology means. |
| City and Location of the General Assembly's Meeting | Through modern technology means (via Tadawulaty System platform) at the company’s premises located at Prince Turki Road, Al Kurnaish District, Al Khobar, Kingdom of Saudi Arabia |
| URL for the Meeting Location | http://www.tadawulaty.com.sa |
| Date of the General Assembly's Meeting | 2024-01-21 Corresponding to 1445-07-09 |
| Time of the General Assembly's Meeting | 18:30 |
| 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 assembly meeting is valid if it is attended by shareholders representing at least half of the capital. If this quorum is not present in the first meeting, the second meeting will be held one hour after the end of the period specified for the first meeting. The second meeting will be valid if it is attended by a number of shareholders representing at least a quarter of the capital. |
| General Assembly Meeting Agenda | 1. Voting on the amendment of Article (1) of the Company’s bylaws relating to Incorporation. (Attached)
2. Voting on the amendment of Article (2) of the Company’s bylaws relating to the Company’s name. (Attached) 3. Voting on the deletion of Article (10) from the Company’s bylaws with regard to Issuance of Shares. (Attached) 4. Voting on the amendment of Article (11) of the Company’s bylaws relating to Share Trading. (Attached) 5. Voting on the deletion of Article (12) from the Company’s bylaws with regard to Shareholders Register. (Attached) 6. Voting on the deletion of Article (34) from the Company’s bylaws with regard to Assemblies’ Resolutions By Circulation. (Attached) |
| 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 in Tadawulaty service will be able to vote electronically on the extraordinary general assembly’s agenda. Electronic voting will start Wednesday at 1:00AM, 05/07/1445 AH Corresponding to 17/01/2024, and will last until the end of the Extraordinary General assembly time. Please note that registration in Tadawulaty service and voting is free of charge for all Shareholders via: 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 | In the event of any inquiries about the terms of the meeting, please contact us via email at [email protected] or at +966 539377764. |
| Additional Information | Shareholders may direct questions and inquiries related to items of the Extraordinary General Assembly during the meeting via the broadcasting link that will be forwarded to the shareholders via Tadawulaty service, the full name of the shareholder should be mentioned, to accept an enquiry. |
| Attached Documents | |
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