OSOOL & BAKHEET INVESTMENT Company Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | Osool & Bakheet Investment Company announces the results of the the Ordinary General Assembly Meeting
(the first meeting), which was held at 19:00 PM, 17-08-2025 through modern technology means. This is after the legal required quorum for the meeting was completed. |
| City and Location of the General Assembly's Meeting | In the city of Riyadh via modern technology means. |
| Date of the General Assembly's Meeting | 2025-08-17 Corresponding to 1447-02-23 |
| Time of the General Assembly’s Meeting | 19:00 |
| Percentage of Attending Shareholders | %66.64 |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | Names of the Board Members present at the Assembly:
1- Mr. Abdullah AlKhorayef – Chairman 2- Mr. Abdulrahman AlYahya– Vice Chairman 3- Mr. Mazin AlDawood - Member Names of the Board Members Absent from the Assembly: 1- Mr. Beshr Bakheet – Member 2- Mr. Khalid AlMousa - Member 3- Mr. Wael AlSerhan– Member |
| 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. Abdulrahman AlYahya– – Audit Committee Representative
2- Mr. Abdulrahman AlYahya– Chairman of Risk Committee Representative 3- Mr. Abdullah AlKhorayef – NORCOM Representative |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1- Approved the discharge of the Board members from liability for the fiscal year ended 31/12/2024.
2- Approved the disbursement of an amount of SAR 63,000 as a remuneration for the Board members for the fiscal year ended 31/12/2024. |
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