Aqaseem Factory for Chemicals and Plastics Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the ( First Meeting )
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of the Aqaseem Factory for Chemicals and Plastics Co is pleased to invite the honorable shareholders to participate and vote in the Ordinary General Assembly meeting (the first meeting), which will be held, God willing, at 6:40 pm on Sunday 17 Dhu al-Hijjah 1445 AH corresponding to June 23, 2024, AD - via Modern technical means |
| City and Location of the General Assembly's Meeting | The company's main headquarters - Riyadh - using modern technology |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2024-06-23 Corresponding to 1445-12-17 |
| Time of the General Assembly’s Meeting | 18:40 |
| 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 | The (ordinary) general assembly meeting is valid if it is attended by shareholders representing a quarter of the capital. If the quorum required to hold this meeting is not available, the second meeting shall be held one hour after the end of the period specified for holding the first meeting. The second meeting shall be valid regardless of the number of shares represented in it. |
| General Assembly Meeting Agenda | 1- Review the financial statements for the fiscal year ending on 12/31/2023 AD and discuss them.
2- Reviewing the Board of Directors’ report for the financial year ending on 12/31/2023 AD and discussing it. 3- Vote on discharging the members of the Board of Directors from their liabilities for the fiscal year ending on 12/31/2023. 4- Vote on the company’s auditor’s report for the financial year ending on 12/31/2023 AD after discussing it. 5- Vote on appointing an auditor for the company from among the candidates based on the recommendation of the Audit Committee, in order to examine, review and audit the semi-annual and annual financial statements for the fiscal year 2024 AD and determine his fees. 6- Vote on amending the audit committee’s work regulations. (attached) 7- Voting on the business and contracts concluded between Aqaseem Factory for Chemicals and Plastics Co and Leader Express Automotive Services Company, in which the members of the Board of Directors, Mr. Muhammad Mishnan Al-Dosari and Mr. Faisal Khatam Al-Zahrani, have an indirect interest, which are (sales) in the amount of 5,199,826 riyals for the year 2023 AD and no There are preferential terms. (attached) |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Honorable shareholders have the right to discuss the topics included in the General Assembly’s agenda and direct questions to members of the Board of Directors, noting that voting in Tadawulaty services 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 | Shareholders registered in Tadawulaty services will be able to vote electronically remotely on the assembly’s items starting at (1:00 AM) on Wednesday 13/12/1445 corresponding to 19/06/2024 until the end of the assembly’s meeting time. Registration and voting in Tadawulaty services will be available and free to all. Contributors using the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | In the event of any inquiry, we hope to contact the Shareholder Relations Department on mobile number 0598934222 - or via e-mail [email protected]. |
| Attached Documents | |
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