Saudi Parts Center Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting
| Element List | Explanation |
|---|---|
| City and Location of the General Assembly's Meeting | The company's main headquarters in Riyadh - Olaya district - King Fahd Road, through modern technology |
| URL for the Meeting Location | https://www.tadawulaty.com.sa |
| Date of the General Assembly's Meeting | 2023-06-22 Corresponding to 1444-12-04 |
| Time of the General Assembly's Meeting | 20:15 |
| Attendance Eligibility | 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. |
| Quorum for Convening the General Assembly's Meeting | The meeting of the Ordinary General Assembly shall be valid if attended by shareholders representing at least a quarter of the capital. If the necessary quorum is not available for holding this meeting, the second meeting will be held 30 days after the end of the period specified for the first meeting, and the second meeting will be valid regardless of the number of shares represented in it. |
| General Assembly Meeting Agenda | 1. View and discuss the report of the Board of Directors for the fiscal year ending on 12/31/2022.
2. Reviewing and discussing the financial statements for the fiscal year ending on 12/31/2022. 3. To vote on the decision of the Board of Directors to appoint (Fahd bin Muhammad bin Abdulaziz Al-Khorayef) as an (executive) member of the Board of Directors, starting from the date of his appointment on 06/11/2022 AD, to complete the session of the Board until the end date of the current session, to succeed the previous member (Muhammad bin Abdullah Al-Khorayef). non-executive). (CV attached). 4. To vote on the company's auditor's report for the fiscal year ending on 12/31/2022 AD, after discussing it. 5. To vote on disbursing an amount of (242,000) riyals as a reward for the members of the Board of Directors for the fiscal year ending on 12/31/2022. 6. Vote to absolve the members of the Board of Directors from liability for the fiscal year ending on 12/31/2022. 7. To vote on appointing the company's auditor from among the candidates based on the recommendation of the Audit Committee, in order to examine, review and audit the annual and semi-annual financial statements of the fiscal year 2023 AD and determine his fees. 8. To vote on delegating the Board of Directors with the powers of the Ordinary General Assembly, with the license mentioned in Paragraph (1) of Article 27 of the Companies Law, for a period of one year from the date of approval by the General Assembly or until the end of the session of the delegated Board of Directors, whichever is earlier, in accordance with the conditions stipulated in the executive regulations. The corporate system for listed joint stock companies. 9. To vote on authorizing the Board of Directors to distribute interim profits on a semi-annual basis for the fiscal year 2023 AD. |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right. (Mentioning the E-Voting details, if any) | Shareholders registered in Tadawulaty services will be able to vote remotely on the assembly’s items, starting from one o’clock (01:00) in the morning (Monday) 12/2/1444 AH corresponding to 06/19/2023 AD until the end of the meeting time, and registration and voting will be in Tadawulaty services Available and free of charge to all contributors using the following link: http://www.tadawulaty.com.sa/ |
| Eligibility for Attendance Registration and Voting | Eligibility for Registering the Attendance of the General Assembly's Meeting Ends upon the Convenience of the General Assembly's Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes |
| Method of Communication | Shareholders can participate in the deliberations of the aforementioned Ordinary General Assembly meeting, and communicate via the e-mail shown below during the meeting. E-mail: aaltayyar@spc-parts.com We would like to inform that there will be a live audio broadcast of the Assembly through the link available in the Tadawulaty system. In the event of an inquiry, we hope to contact the Shareholder Relations Department on the company’s unified phone: 8212553 Ext (2553) during working hours The official website of the company is from Sunday to Thursday from eight in the morning until four in the evening. |
| Attached Documents | |
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