AME Company for Medical Supplies Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of AME Company for Medical Supplies is pleased to announce the results of the Ordinary General Assembly meeting (first meeting), which was held at 18:30 on Sunday, corresponding to 17/12/1445 AH, corresponding to 23/06/2024 AD, via modern technological means. |
| City and Location of the General Assembly's Meeting | At the company's main headquarters in Jeddah - via video and audio communication |
| Date of the General Assembly's Meeting | 2024-06-23 Corresponding to 1445-12-17 |
| Time of the General Assembly’s Meeting | 18:30 |
| Percentage of Attending Shareholders | 39.24% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | All Board Members Attended the General Assembly.
Mr. Ammar Ahmed Shata (Chairman of the Board) Mr. Ahmed Saoud Ghouth (Vice Chairman of the Board) Dr. Ali Mohammeddeeb Eed (Managing Director & Board Member) Mr. Hisham Omar Baroom (Board Member) Mr. Adnan Abdullah Alolaya (Board Member) |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | Mr. Abbas Mohammed Alnahdi (Audit Committee Chairman)
Mr. Adnan Abdullah Alolayan (NRC Chairman) Mr. Hafez Farouq Alatawaneh (Executive Committee Chairman) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | Approval of the company’s auditor’s report for the financial year ending on 31-12-2023 AD .
Approval of selecting (KPMG Professional Consulting Company) as the company’s auditor from among the candidates based on the recommendation of the Audit Committee, in order to examine, review and audit the financial statements for the (first, second and third) and annual quarters of the fiscal year 2024, and the (first, second and third) and annual quarters of the fiscal year. 2025 AD, with fees amounting to (880,000) Eighty Hundred and Eighty Thousand Saudi Riyals.
Approval of the Board of Directors’ recommendation to distribute cash dividends to shareholders for the year 2023 at the rate of (2) riyals per share, which represents 20% of the nominal value of the share, with a total amount of (14,000,000) fourteen million Saudi riyals, provided that the eligibility is for shareholders who own shares at the end of trading on the day of the meeting. The General Assembly and those registered in the company’s shareholder register with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the maturity date, and the distribution of profits shall begin on Wednesday 03/07/2024 AD.
Approval to disburse an amount of (620,000) riyals as a reward to members of the Board of Directors for the financial year ending on December 31, 2023 AD.
Approval to amend the work regulations of the Audit Committee.
Approval to discharge the members of the Board of Directors from their liabilities for the fiscal year ending on December 31, 2023. |
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