Abdullah Saad Mohammed Abo Moati for Bookstores 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 Abdullah Saad AboMoati CO for BookStore is pleased to invite the shareholders to vote in the Ordinary General Assembly Meeting (The first), which is scheduled to take place through the use of modern communication technologies, at 08:30 PM on Wednesday 15-03-1446 corresponding to 18-09-2024. |
| City and Location of the General Assembly's Meeting | Headquarters of the Company - Riyadh City - through means of modern technology. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2024-09-18 Corresponding to 1446-03-15 |
| 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 | 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 | According to Article 29 of the company’s bylaws, the ordinary general assembly meeting is valid if it is attended by shareholders representing at least a quarter of the capital. If the quorum necessary to hold this meeting is not available, the second meeting will be held one hour after the end of the period specified for the first meeting, and the second meeting will be valid. Whatever the number of shares represented in it. |
| General Assembly Meeting Agenda | 1. Review and discuss the Board of Directors Annual Report for the fiscal year ended on 31-03-2024.
2. Voting on the auditor report on the Company accounts for the fiscal year ended on 31-03-2024, after discussing it. 3. Review and discuss the financial statements for the fiscal year ended on 31-03-2024. 4.Voting on the Audit Committee recommendation to appoint the external auditor to examine, review and audit the financial statements for the second, third quarter of 2024, fourth quarter of 2025, Annual from 01-04-2024 to 31-03-2025 and the first quarter that ended on 30-06-2025 and set their fees. 5. Voting to pay (SAR900,000) as remuneration for the Board Members for the financial year ended 31-03-2024. 6. Voting to delegating the Board of Directors to distribute interim dividends on a biannual or quarterly basis for the fiscal year ended 31-03-2025. |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Every shareholder has the right to discuss the topics included in the General Assembly’s agenda, direct questions about them to the members of the Board of Directors, and vote on them through the Tadawulaty platform:
www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered on the Tadawulaty electronic services website will be able to vote remotely on the assembly’s items through the (electronic voting) service, which will start from one o’clock in the morning on Sunday, 12-03-1446 AH, corresponding to 15-09-2024 AD, until the end of the assembly time. Registration and voting in Tadawulaty services will be available and free of charge to all shareholders using the following link:
www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | For any inquiries, please contact:
Tel: 011-4010113 During the working hours or by email:[email protected] |
| Attached Documents |
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