Sahara International Petrochemical Company announces the results of the 25th General Assembly Meeting (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | Sahara International Petrochemical Company (Sipchem) announces the results of the 25th General Assembly meeting (the First Meeting) |
| City and Location of the General Assembly's Meeting | Company’s Headquarter Khobar - via modern technology |
| Date of the General Assembly's Meeting | 2025-05-21 Corresponding to 1446-11-23 |
| Time of the General Assembly’s Meeting | 18:30 |
| Percentage of Attending Shareholders | 38.5% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The President and all the members of the Board of Directors attended the Assembly meeting via modern technology, as follows:
1- Eng. Khalid A. Al-Zamil (Chairman) 2- Mr. Fahad S. Al Rajhi (Vice Chairman) 3- Dr. Abdul Rahman A. Al-Zamil 4- Eng. Saeed O. Al-Eisayi 5- Eng . Riyad S. Idrees 6- Mr. Saeed A. Basamah 7- Mr. Ziyad A. Al-Turky 8- ENG. Abdullah K. Al-Buainain 9 ENG. Mosaed M. Al-Ohali 10 Mr. Firas M. Al- Abaad 11- Mr. Ahmad A. Al- Dakheel |
| 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. Fahad S.Al Rajhi (Chairman of the Executive Committee)
2-ENG. Abdullah K. Al-Buainain (Chairman of Audit Committee). 3-Mr. Ahmad A. Al- Dakheel (Chairman of the Remuneration and Nominations Committee) 4-Mr. Abdulaziz A. Bin dayl.(Chairman of the Governance Committee) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1.Read and discuss the annual Board report for the fiscal year ending 31 December 2024.
2.Read and discuss the Financial Statements of the fiscal year ending 31 December 2024. 3.Approving the auditors' report for the year ended as of 31/12/2024 4.Approving to absolve the members of the Board of Directors from their liability for the past year 31/12/2024 . 5.Approving Authorizing the Board of Directors to distribute interim quarterly (quarter/ half) annual profits for the fiscal year 2025. |
Comments