The Board of Directors of Future Care Trading Company invites its shareholders to attend the extraordinary general assembly meeting (first meeting) via modern technology
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Future Care Trading Company is pleased to invite our honorable shareholders to participate and vote in the Extraordinary General Assembly meeting (first meeting), which is scheduled to be held using modern means of purification, God Almighty willing, at exactly (20:30) on Sunday, 12/24/1445 AH corresponding to 06/30/2024 AD |
| City and Location of the General Assembly's Meeting | At the company's main headquarters located in Jeddah, Al Khalidiya district - using modern technological means |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2024-06-30 Corresponding to 1445-12-24 |
| Time of the General Assembly’s Meeting | 20:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | The right to attend shall be granted to shareholders registered in the register of shareholders of the issuer at the Depository Center at the end of the trading session preceding the General Assembly meeting and in accordance with the rules and regulations. The right to register attendance at the Assembly meeting ends at the time of the Assembly meeting, and the right to vote on the Assembly items for attendees ends when the sorting committee finishes counting the votes. |
| Quorum for Convening the General Assembly's Meeting | According to Article (37) of the company’s bylaws, the extraordinary general assembly meeting will not be valid unless it is attended by shareholders representing at least half of the company’s shares that have voting rights. If this quorum is not present at the first meeting, the second meeting will be held one hour after the end of the period specified for the meeting. The first meeting. In all cases, the second meeting is considered valid if it is attended by a number of shareholders representing at least a quarter of the company’s shares that have voting rights. |
| General Assembly Meeting Agenda | 1. Vote on the company’s auditor’s report for the financial year ending on December 31, 2023 AD after discussing it.
2. Reviewing the Board of Directors’ report for the financial year ending on December 31, 2023 AD and discussing it. 3. Review and discuss the company’s financial statements for the fiscal year ending on December 31, 2023. 4. Vote on discharging the members of the Board of Directors from their liabilities for the fiscal year ending on December 31, 2023 AD. 5. Vote on appointing an auditor for the company from among the candidates based on the recommendation of the Audit Committee; This is to examine, review and audit the financial statements for the first and annual half of the fiscal year 2024 and determine his fees. 6. Vote on authorizing the Board of Directors to distribute interim dividends to shareholders on a semi-/quarterly basis for the financial year ending on 12-31-2024 AD. 7. Vote on delegating the authority of the Ordinary General Assembly to the Board of Directors with the authorization contained in Paragraph (1) of Article Twenty-Seven of the Companies Law, for a period of one year from the date of the General Assembly’s approval or until the end of the session of the delegated Board of Directors, whichever comes first, in accordance with the conditions stated in the Executive Regulations. The corporate system for listed joint stock companies. 8. Vote on the Board of Directors’ recommendation to transfer the company’s statutory reserve balance, which amounted to (4,048,320) four million and forty-eight thousand three hundred and twenty Saudi riyals, as in the financial statements ending on 12/31/2023 AD, to the retained earnings balance. 9. Voting on the Board of Directors’ decision to appoint Mr. Abdul Rahman Amin Ahmed Taj El-Din as a member of the Board of Directors (independent) starting from the date of his appointment on 12/06/2023 AD to complete the Board’s session until the end of the current session on 04/03/2026 AD as a successor to the member. Previous Mr. Walid Ahmed Mohamed Naghi - Non-Executive Member. (attached) 10. Voting on the Board of Directors’ decision to appoint Mrs. Roaa Mahmoud Muhammad Al-Jundi - as a member of the Board of Directors (independent) starting from the date of his appointment on 12/06/2023 AD to complete the Board’s session until the end of the current session on 04/03/2026 AD, as a successor to the previous member. Mr. Majed Jadallah Atiya Al-Hujaili, non-executive member. (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 agenda of the extraordinary general assembly and ask questions, noting that voting in Tadawulaty services is available free of charge to all shareholders using the following link: www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered in Tadawulati services can vote electronically remotely on the assembly’s items starting at 1:00 am on Wednesday 12/20/1445 AH corresponding to 06/26/2024 AD until the end of the assembly’s meeting time. Registration and voting in Tadawulati services will be available and free to all shareholders using The following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | If there are any inquiries, please contact us via email
Or contact the number: 920002821 |
| Attached Documents | |
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