Saudi Arabian Amiantit Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Saudi Arabian Amiantit Company is pleased to invite the shareholders to participate and vote in the Ordinary General Assembly meeting (First Meeting) scheduled for God Almighty’s will at 7:30 P.M. in the evening on Sunday 13-11-1446H corresponding to 11-05-2025G by means of modern technology. |
| City and Location of the General Assembly's Meeting | The company's main headquarters in Dammam through modern technology. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-05-11 Corresponding to 1446-11-13 |
| Time of the General Assembly’s Meeting | 19:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | The eligibility to attend the Meeting, will be for shareholders registered in the Company share registry at the Depository Center as of the end of trading prior to the Meeting Day, and as per the rules and regulations, Shareholders have the right to discuss matters listed in the agenda of the General Assembly and raise relevant questions. Also, 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 Meeting Agenda Ends upon the Screening Committee Concludes screening the Votes. |
| Quorum for Convening the General Assembly's Meeting | The Ordinary General Assembly meeting shall be valid if attended by shareholders representing at least quarter of the capital. If the necessary quorum is not available to hold this meeting, the second meeting will be held an hour after the end of the period specified for convening the first meeting, and the second meeting will be valid whatever the number of shares represented. |
| General Assembly Meeting Agenda | 1 - Reviewing the Board of Directors’ report for the year ending 31/12/2024G and discussing it.
2 - Review and discuss the company’s financial statements for the year ending on 31/12/2024G. 3 - Vote on the auditor’s report for the year ending 31/12/2024G after discussing it. 4 - Vote on appointing an auditor for the company from among the candidates based on the recommendation of the Audit Committee, in order to examine, review and audit the financial statements for the (second and third) quarters and annual of the fiscal year 2025G, and the first quarter of the fiscal year 2026G, and determine his fees. 5 - Vote on discharging members of the Board of Directors from their liabilities for the year ending on 31/12/2024G. 6 - Voting on paying an amount of SAR 2,000,000 as remuneration to the Board members for the fiscal year ending on 31-12-2024G. |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | The shareholder has the right to discuss the topics on the assembly’s agenda and ask questions, and vote, and shareholders registered in TADAWULATY services can vote electronically on the assembly’s by using the following link: www.tadawulaty.com.sa. |
| Details of the electronic voting on the Assembly’s agenda | The shareholders may remotely vote on the General Assembly Meeting’s agenda via (E-voting service) through Tadawulaty website www.tadawulaty.com.sa. Which is provided free of charge. The remote voting will start on Friday 11-11-1446H Corresponding to 09-05-2025G at (01:00) AM, until the end of the General Assembly when the screening committee finishes screening the votes. |
| Method of Communication in Case of Any Enquiries | The company is pleased to receive any inquiries from the shareholders related to the agenda and reply any question from the date of publishing this announcement. Moreover, the questions of the shareholders will be replied during the General Assembly meeting. Kindly contact us on the below: -
Investors Relationship Department.
Tel: 013-8471500 Extn. 1117
Email: wkishk@amiantit.com |
| Attached Documents | |
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