WSM for Information Technology Co. Announces the Results of the Extraordinary General Assembly Meeting, ( First Meeting )
| Element List | Explanation |
|---|---|
| Introduction | WSM for Information Technology Co. announces To its shareholders about the results of the extraordinary general assembly meeting (first meeting), which was held at exactly (19:50) on Thursday, 12/21/1445 AH, corresponding to 06/27/2024 AD. At the company's main headquarters located in Riyadh - Al-Malqa District, Imam Saud bin Faisal Road , via modern technology methods (remotely) - using Tadawulati services; after the legal quorum is reached for the assembly to be held |
| City and Location of the General Assembly's Meeting | At the company's main headquarters in Riyadh - Al-Malqa District, Imam Saud bin Faisal Road via technology methods (remotely) - using Tadawulati services |
| Date of the General Assembly's Meeting | 2024-06-27 Corresponding to 1445-12-21 |
| Time of the General Assembly’s Meeting | 19:50 |
| Percentage of Attending Shareholders | 60.74% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | 1. Mr. Ibrahim Nasser Youssef Al-Ateeq - Chairman of the Board of Directors
2. Mrs Al -Anoud Muhammad Saif Al-Qahtani - Vice Chairman of the Board of Directors and CEO .
3. Mr. Khaled Hammoud Suleiman Al-Lahim - Member of the Board of Directors
4. Mr. Abdulaziz Suleiman Abdulaziz Al-Suhaimi - Member of the Board of Directors
5. Mr. Muhammad Fawaz Muhammad Al-Fawaz - Member of the Board of Directors |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | 1. Mr. Abdulaziz Suleiman Abdulaziz Al-Suhaimi - Chairman of the Audit Committee: |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1) Approval of the company's auditors' report for the fiscal year ending on
December 31, 2023 after discussing it.
2) The Board of Directors' report for the fiscal year ending on December 31, 2023 was reviewed and discussed.
3) The company's financial statements for the fiscal year ending on December 31, 2023 were reviewed and discussed.
4) Approval of the discharge of the members of the Board of Directors for the fiscal year ending on December 31, 2023
5) Approval of the appointment of Messrs. (Al-Kharashi and Co. certified Accountants and Auditors) as auditors of the company's accounts from among the candidates based on the recommendation of the Audit Committee, to examine, review and audit the annual financial statements for the fiscal year 2024 and the first half of the fiscal year 2025 for a fee of 140,000 riyals, .
6) Approval of the disbursement of an amount of (210,000) two hundred and ten thousand riyals as a reward for the members of the Board of Directors for the fiscal year ending on 12/31/2023.
7) Approval of adding Article No. (13) to the Company's Articles of Association related to (the company's purchase, sale and mortgage of its shares).
8) Approval of adding Article No. (16) to the Company's Articles of Association related to (debt instruments and financing instruments).
9) Approval of amending Article (19) of the Company's Articles of Association related to the powers of the Board of Directors. 10) Approval of amending Article (21) of the Company's Articles of Association related to the powers of the Chairman, Vice Chairman, Managing Director and Secretary.
11) Approval of amending the Company's Articles of Association in accordance with the new Companies Law, and rearranging and numbering the articles of the law to be consistent with the proposed amendments. |
Comments