The Board of Directors of ADVANCED PETROCHEMICAL COMPANY INVITES ITS SHAREHOLDERS TO ATTEND THE 12TH EXTRAORDINARY GENERAL ASSEMBLY MEETING (FIRST MEETING) VIA MODERN TECHNOLOGY MEANS (REMOTELY)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Advanced Petrochemical Company (the “Company”) is pleased to invite its shareholders to participate and vote in the 12th Extraordinary General Assembly Meeting (First Meeting) which will be held at 23:00 on Thursday, March 28, 2024 via modern technology means. |
| City and Location of the General Assembly's Meeting | Jubail Industrial City – Admin. Building (via modern technology means by using only Tadawulaty platform). |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2024-03-28 Corresponding to 1445-09-18 |
| Time of the General Assembly’s Meeting | 23:00 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | 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. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee. |
| Quorum for Convening the General Assembly's Meeting | According to Article (33) of the Company's Bylaws, the meeting of the Extraordinary General Assembly shall not be legally valid unless attended by shareholders representing at least half of the Company's capital. If the quorum is not met in the first meeting, a second meeting will be held one hour after not convening the first meeting, and the second meeting will be valid if attended by shareholders representing at least quarter of the Company's capital. |
| General Assembly Meeting Agenda | attached |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders have the right to discuss the matters included in the General Assembly Meeting Agenda and direct questions related to the General Assembly Meeting Agenda to the members of the Board of Directors in accordance with the rules and regulations, and in accordance with the Rules of Shareholders Meetings & Voting Procedures (attached), noting that voting on the Tadawulaty platform is available free of charge to all shareholders using the following link:
http://tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | The shareholders registered in Tadawulaty platform will be able to vote remotely on the General Assembly Meeting Agenda starting at 1:00 am on Sunday, March 24, 2024, until the end of the meeting time. |
| Method of Communication in Case of Any Enquiries | For any inquiry and clarification, please contact the Investor Relations on Tel: 0133566061 or Email: IR@advancedpetrochem.com |
| Additional Information | The Company would note that a live audio broadcast of the General Assembly meeting will be available through the link available on the Tadawulaty platform.
The Company would note that to protect the rights of shareholders who did not receive or claim their dividends during previous financial periods, the feature of searching for unclaimed dividends has been added to the Company’s website. Therefore, the Company encourages these shareholders to verify the existence of their names by entering the following link:
https://advancedpetrochem.eurolandir.com/en/investors/dividends/
In the event of an existed unclaimed dividends, kindly contact the Company’s investor relations on Tel: 0133566061 or Email: IR@advancedpetrochem.com |
| Attached Documents | |
Comments