Aldrees Petroleum and Transport Services Co. announces to Invite its Shareholders to Attend the (First Meeting) Extraordinary General Assembly Meeting to be held physically presence or online by means of modern technology.
1445/03/18 03/10/2023 08:58:21
| Element List | Explanation |
|---|---|
| Introduction | Aldrees Petroleum and Transport Services Company (ALDREES) invites its shareholders to attend the Extraordinary General Assembly No. 11 (1st meeting) to be held physically presence or online by means of modern technology. |
| City and Location of the General Assembly's Meeting | Head Office - Riyadh |
| URL for the Meeting Location | https://bit.ly/40pPntc |
| Date of the General Assembly's Meeting | 2023-11-06 Corresponding to 1445-04-22 |
| Time of the General Assembly's Meeting | 18:30 |
| Attendance Eligibility | Each shareholder who is registered in the Company's shareholders registry at the Depository Center at the end of the trading session preceding the Extraordinary General Assembly meeting is eligible to attend according to the rules and regulations, the shareholder has the right to discuss the issues listed on the assembly's agenda and ask questions. |
| Quorum for Convening the General Assembly's Meeting | The Extraordinary General Assembly meeting is valid if attended by shareholders representing at least half of the shares. If the required quorum to hold this meeting is not met, the second meeting will be held one hour after the end of the period specified for the first meeting, and The Second Meeting shall be valid if attended by shareholders representing quarter of the shares. |
| General Assembly Meeting Agenda | 1-Voting in the amendment of Article No. (17) of the Articles of Association of the company- Formation of the Board of Directors (as per the attached).
2- Voting in the election of members of the Board of Directors from among the candidates for the new (seventh) session for a period of four years starting on 22/12/2023 G and ending on 21/12/2027 G by the cumulative voting method. The decision to elect a number of (8) members will not take effect until the approval of the first item (Attached are the CVs of the candidates) |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right. (Mentioning the E-Voting details, if any) | Shareholders registered in Tadawulaty services will be able to vote remotely on the assembly's items, starting at 1:00 am on Thursday 18/04/1445H corresponding to 02/11/2023G. and until the end of the Extraordinary General assembly time. Registration and voting via Tadawulaty services will be available and free of charge for all shareholders using the following link. https://www.tadawulaty.com.sa |
| Eligibility for Attendance Registration and Voting | Eligibility for Attendance Registration and Voting Ends upon the Convening of the Assembly’s Meeting. Eligibility for Voting on the Meeting Agenda Ends after the Counting Committee Concludes Counting the Votes. |
| Method of Communication | For any further inquiries regarding any of the assembly items please contact the Shareholders Relations Department (011 2355555- EXT 100 – shares@aldrees.com |
| Attached Documents | |
