Alqemam for Computer Systems Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the ( First Meeting )
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Alqemam for Computer Systems Co. is pleased to invite the shareholders to participate and vote in the Ordinary General Assembly meeting (the first meeting). |
| City and Location of the General Assembly's Meeting | City of Unaizah. Remotely, via modern technology. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2024-06-13 Corresponding to 1445-12-07 |
| Time of the General Assembly’s Meeting | 18:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations. |
| Quorum for Convening the General Assembly's Meeting | According to the Company’s Incorporation, the meeting of the ordinary General Assembly is valid only if attended by shareholders representing at least 25% of the company's shares. |
| General Assembly Meeting Agenda | 1. Review and discuss the Board of Directors' report for the fiscal year ending on 31-12-2023.
2. Voting on the company's auditor's report for the fiscal year ending on 31-12-2023 after discussing it.
3. Review and discuss the financial statements for the fiscal year ending on 31-12-2023.
4. Voting on the business and contracts conducted between the company and Afaq Saher Contracting Est., in which the Board member Mr. Wasel A. Al-Wasel, has an indirect interest. These business and contracts are subcontracts to provide technical services to clients for an amount of SAR 2,558,911 for the fiscal year 2023. Noting that there are no preferential benefits. (attached)
5. Voting on the business and contracts conducted between the Company and World of Systems and Software Co., in which the Board member Mr. Wasel A. Al-Wasel, has a direct interest. These business and contracts are subcontracts to provide technical services to clients for an amount of SAR 7,776,986 for the fiscal year 2023. Noting that there are no preferential benefits. (attached)
6. Voting on the business and contracts conducted between the Company and Alqemah Alashera Est. for Information Systems Technology, in which the Administrative Director Mr. Ahmed M. Almazyad, has a direct interest. These businesses and contracts are subcontracts to provide technical services to clients for an amount of SAR 2,541,335 for the fiscal year 2023. Noting that there are no preferential benefits. (attached)
7. Voting on the business and contracts conducted between the Company and the Board member Mr. Wasel A. Al-Wasel, in which has a direct interest. These business and contracts are the company's financing for the Company’s operation support amounted to SAR 3,085,630, for the fiscal year 2023. (attached)
8. Voting on agreeing to absolve the members of the Board of Directors from their liabilities for the fiscal year ending on 31-12-2023.
9. Voting on appointing the external auditor for the Company from among the candidates based on the Audit Committee's recommendation. The appointed auditor shall examine, review and audit the quarter (first, second, third) and annual of the fiscal year 2024, and the first quarter of the fiscal year 2025, and the determination of the auditor's remuneration. |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders are entitled to discuss matters listed in the agenda of the General Assembly and raise relevant questions to the Board members, noting that the voting is available free of charge for all Shareholders via: www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered in Tadawulaty services will be able to vote remotely on the items of the Assembly starting from (01:00) am on Saturday 03/12/1445H corresponding to 09/06/2024 until the end of the Assembly time, and registration and voting in Tadawulaty services will be available free of charge for all shareholders using the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | In case of any inquiries, we hope to contact Investor Relations Management on Phone: (0509789995) or Email: [email protected] |
| Attached Documents | |
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