Fitaihi Holding Group Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | Fitaihi Holding Group is pleased to announce the results of the Ordinary General Assembly Meeting (First Meeting) held online at 18:30 on Sunday, MAy 12th, 2024, through modern technology (using Tadawulaty System). |
| City and Location of the General Assembly's Meeting | Remotely through modern technology, using Tadawulaty system, from Fitaihi Headquarters in Jeddah. |
| Date of the General Assembly's Meeting | 2024-05-12 Corresponding to 1445-11-04 |
| Time of the General Assembly’s Meeting | 18:30 |
| Percentage of Attending Shareholders | 41.52347% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The meeting was attended by the following Directors of the Board:
1)- Dr. Ibrahim Al-Madhoun - Vice-Chairman - Head of the Meeting 2)- Dr. Adnan Abdulfattah Soufi 3)- Mr. Omar Riyadh Al-Humaidan 4)- Dr. Ibrahim M. Omar Badwood 5)- Mrs. Bayan Adel M. Fakieh
The meeting was attended also by the CEO, Mr. Yasser Yehia.
The following BOD Members did not attend the meeting: 1- Shk. Ahmed H. Fitaihi - Chairman of the BOD's 2- Dr. Suhail Abdulmalik Qadi - Member of the BOD's |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | The meeting was attended by the following chairmen of the board committees:
1)- Dr. Ibrahim Al-Madhoun - Chairman of Risk Management Committee and deputizing for the Chairman of Nomination and Reuneration Committee 2)- Dr. Adnan Soufi - Chairman of Audit Committee |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1- The Board of Directors Report for the fiscal year ended on 31 December 2023 was viewed and discussed.
2- Approve the External Auditor Report for the fiscal year ended on 31 December 2023.
3- The Consolidated Financial Statements for the fiscal year ended on 31 December 2023 were viewed and discussed.
4- Approve the discharge of members of the Board of Directors from their liabilities for the fiscal year ending on 31/12/2023.
5- Approve the delegation of the Board of Directors to disburse interim dividends on a biannual/quarterly basis for the fiscal year 2024.
6- Approve the delegation to the Board of Directors the authorization powers of the General Assembly stipulated in paragraph (1) of Article (27) of the Companies Law, for a period of one year starting from the date of the approval by the General Assembly or until the end of the delegated Board of Directors’ term, whichever is earlier, in accordance with the conditions set forth in the Implementing Regulation of the Companies Law for Listed Joint Stock Companies. |
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