Abdullah Saad Mohammed Abo Moati for Bookstores Co. Announces the Results of the Ordinary General Assembly Meeting (Second Meeting)
| Element List | Explanation |
|---|---|
| Introduction | Abdullah Saad AboMOati CO, Annouces the Results of the Ordinary General Assembly Meeting , ( second meeting) which was held at 7:00 pm on Wednesday 25 / 03 / 1447 AH corresponding to 17 / 09 / 2025, through technical means. Deu to the lack of a quorum in the first meeting, the second meeting was held an hour after the scheduled time for the first meeting, where the quorum was completed and the attendance rate (remotely) represented %18.42 of the total shares of the company. |
| City and Location of the General Assembly's Meeting | The company's head office is in Riyadh. (by means of modern technology) |
| Date of the General Assembly's Meeting | 2025-09-17 Corresponding to 1447-03-25 |
| Time of the General Assembly’s Meeting | 19:00 |
| Percentage of Attending Shareholders | 18.42% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The following board members attended:
1. Dr. Saad Abdullah AboMoati (Chairman) 2. Mr. Saeed Omar Basaeed (Deputy Chairman) 3. Mr. Mohammed Abdullah AboMoati 4. Mr. Abdullah Saud AlRashod 5. Mr. Sultan Ahmed Mohammed Al-Shabili 6. Mr. Mohammed Shabib Almutlaq |
| 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. Abdullah Saud AlRashod (Chairman of the Audit Committee).
2. Mr. Sultan Ahmed Mohammed Al-Shabili (Chairman of the Remuneration and Nomination Committee). |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1-the Board of Directors Annual Report for the fiscal year ended on 31-03-2025 have been reviewed and discussed.
2-Approval of the auditor report on the Company accounts for the fiscal year ended on 31-03-2025. 3-the financial statements for the fiscal year ended on 31-03-2025 have been reviewed and discussed. 4-Approval of the Audit Committee recommendation RSM Allied Accountants to appoint the external auditor to examine, review and audit the financial statements for the second, third quarter of 2025, fourth quarter of 2026, Annual from 01-04-2025 to 31-03-2026 and the first quarter that ended on 30-06-2026 and set their fees are 357 thousand riyals.
5-Approval of pay (SAR1,237,500) as remuneration for the Board Members for the financial year ended 31-03-2025.
6-Approval to delegating the Board of Directors to distribute interim dividends on a biannual or quarterly basis for the fiscal year ended 31-03-2026. |
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