Middle East Specialized Cables Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Middle East Specialized Company is pleased to invite the valued shareholders to participate and vote in the Ordinary General Assembly meeting (the first meeting), which is scheduled to be held, God willing, at 6:30 PM on Tuesday 21/12/1446 corresponding to 17/06/2025 via modern technology and using the Tadawulaty system |
| City and Location of the General Assembly's Meeting | Riyadh - the company's headquarters, King Abdulaziz District, Salah Al-Din Al-Ayoubi Street - through modern technology. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-06-17 Corresponding to 1446-12-21 |
| Time of the General Assembly’s Meeting | 18:30 |
| Methodology of Convening the General Assembly’s Meeting | Attendance in-person and via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | The right of attendance shall be for shareholders registered in the company's shareholders register at the Depository Center at the end of the trading session preceding the general assembly meeting and in accordance with the rules and regulations, and the shareholder has the right to delegate whomever he chooses from among other than the company's board of directors. Also, the eligibility to register attendance for the assembly meeting ends at the time of the assembly meeting, and the eligibility to vote on the items of the assembly for those present ends when the counting committee finishes counting the votes. |
| Quorum for Convening the General Assembly's Meeting | The General Assembly Meeting shall be valid only if it is attended by shareholders representing at least a quarter of the company's shares in accordance with Article (31) of the company's articles of association and if the necessary quorum is not available to hold this meeting, the second meeting shall be held one hour after the expiration of the period specified for holding the first meeting, and the second meeting shall be valid regardless of the number of shares that have voting rights represented in it. |
| General Assembly Meeting Agenda | 1- Review and discuss the Board of Directors' report for the financial year ended 31/12/2024 and discussing it.
2- Voting on the company’s auditor's report for the fiscal year ending on 31/12/2024 after discussing it.
3- Review and discuss the audited financial statements for the year ended 31/12/2024 and discussing it.
4- Voting on the appointment of the Company's auditor from among the candidates based on the recommendation of the Audit Committee to examine, review and audit the financial statements for the second, third and annual quarters of the fiscal year 2025, and the first quarter of the fiscal year 2026 and determine his fees.
5- Voting on authorizing the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for fiscal year 2025. |
| 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 agenda of the General Assembly and ask questions to the members of the board of directors, noting that voting in tadawulaty services is available free of charge to all shareholders using the following link : www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | The shareholders registered on the Tadawulaty services can vote remotely on meeting agenda from 01:00 am on Saturday 18 Dhul-Hijjah 1446 corresponding 14 June 2025) until the end of the assembly time.
Registration and voting for Tadawulaty services will be available free of charge to all shareholders using the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | In the event of an inquiry, we hope to contact the Investor Relations Department during office hours from 8:00 am to 4:00 pm through
Phone number: 00966114767373 Ext:1066 Email: IR@mesccables.com |
| Attached Documents | |
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