Dar Almarkabah for Renting Cars Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Dar Al Markabah Car Rental Company is pleased to announce the results of the Ordinary General Assembly Meeting (First Meeting), which was held on Sunday 04/01/1447H corresponding to 29/06/2025G at 7:20 PM via modern technological means. |
| City and Location of the General Assembly's Meeting | Dar Almarkabah HQ, Riyadh - via modern technology |
| Date of the General Assembly's Meeting | 2025-06-29 Corresponding to 1447-01-04 |
| Time of the General Assembly’s Meeting | 19:20 |
| Percentage of Attending Shareholders | 57 % |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | 1. Mr. Hassan Bilal Al-Zahrani (Chairman of the Board)
2. Mr. Saleh Bilal Al-Zahrani 3. Mr. Yahya Saleh Mohsen Al-Mansour
The following members apologized for not attending: 1. DR. Saleh Khalaf Al-Harthi 2. Mr. Mohammed Hassan Al-Zahrani |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | Mr. Khalid Muqbil AlMuqbil (Chairman of the Audit Committee)
Mr. Saleh Bilal Al-Zahrani (Chairman of the Investment Committee) Eng. Ahmed Abdulmohsen Al-Saadoun (Chairman of the Remuneration and Nominations Committee) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. The Board of Directors’ report for the fiscal year ended 31/12/2024 was reviewed and discussed.
2. The Company’s consolidated financial statements for the fiscal year ended 31/12/2024 were reviewed and discussed. 3. Approval of the external auditor’s report for the fiscal year ended 31/12/2024, after discussion. 4. Approval of the appointment of Al-Kharashi & Co. Professional Consultancy as the Company’s external auditor from among the nominated candidates based on the recommendation of the Audit Committee, to examine, review, and audit the semi-annual and annual financial statements for the fiscal year 2025, with total fees amounting to SAR 250,000. 5. Approval of the disbursement of an amount of SAR 365,000 as remuneration to the members of the Board of Directors for the fiscal year ended 31/12/2024. 6. Approval of discharging the members of the Board of Directors from liability for the fiscal year ended 31/12/2024. 7. Approval of authorizing the Board of Directors with the authority of the Ordinary General Assembly to grant the license referred to in paragraph (1) of Article Twenty-Seven (27) of the Companies Law for one year from the date of the General Assembly’s approval or until the end of the delegated Board’s term, whichever comes first, in accordance with the regulatory rules and procedures issued pursuant to the Companies Law for listed joint stock companies. |
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