Malath Cooperative Insurance Co. Board invites its shareholders to attend the Extraordinary General Assembly Meeting the (Third Meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Malath Cooperative Insurance Company is pleased to invite its shareholders to participate and vote in the Extraordinary General Assembly Meeting (Third Meeting) , which is scheduled to be held at 19:00 PM on Wednesday, 29/01/2025G corresponding to 29/07/1446H, via modern technology. |
| City and Location of the General Assembly's Meeting | Company headquarters, Riyadh - through means of modern technology. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-01-29 Corresponding to 1446-07-29 |
| Time of the General Assembly’s Meeting | 19:00 |
| 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 (33) of the company's articles of association, “The third meeting shall be valid regardless of the number of shares represented in it” |
| General Assembly Meeting Agenda | 1- Vote on amending the company’s Articles of Association to comply with the new Companies Law and rearranging the articles and numbering them to be compatible with the proposed amendments (attached).
2- Voting on the amendment of Article (12) of the Company’s Articles of Association related to the Trading of Shares (Attached). 3- Voting on the deletion of Article (26) of the Company’s Articles of Association related to the Constituent Assembly (Attached). 4- Voting on the deletion of Article (27) of the company’s Articles of Association related to the Terms of Reference of Constituent Assembly (Attached). 5- Voting on amending the company’s Internal governance regulation (Attached). 6- Voting on amending the Board of Directors nomination and Appointment Policy (Attached). |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders have the right to discuss the topics listed in the agenda of the General Assembly and raise relevant questions and inquiries. Shareholders can vote remotely on the General Assembly Meeting’s agenda via (E-voting Service) of Tadawulaty, by clicking on the following link: www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered in Tadawulaty services can vote remotely on the items of the assembly, starting from 01:00 AM Sunday 26-01-2025 corresponding 26-07-1446 H, until end of the meeting time. Registration and voting in Tadawulati services will be available and free for all shareholders Using the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | For more information, please contact the Shareholders Relations Department by:
phone number: 0114168222 Ext: 1054 Or via email to Shareholders Relations Department Email: |
| Additional Information | nothing |
| Attached Documents | |
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