Ash-Sharqiyah Development Co. — AGM Information 2020

Nov 9, 2020

ash-sharqiyah Development Company invites its shareholders to attend the Ordinary General Assembly meeting (the first meeting) in presence and by means of modern technology.

6060 · 09/11/2020 15:48:44 · Announcement #61037 · View on Saudi Exchange

ash-sharqiyah Development Company invites its shareholders to attend the Ordinary General Assembly meeting (the first meeting) in presence and by means of modern technology.

Element List	Explanation
Introduction	The Board of Directors of Ash-sharqiyah Development Company is pleased to invite it`s shareholders to participate and vote in the Ordinary General Assembly meeting (the first meeting), which is scheduled to be held, God Almighty’s will, at 7 pm on Tuesday 04/16/1442 corresponding to 12/01/2020, in attendance and by means of technology Modern using Tadawulaty system. This is within the support of preventive and precautionary efforts and measures by the competent and relevant health authorities to address the emerging corona virus (COVID-19), and as an extension of the continuous efforts made by all government agencies in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread.
City and Location of the General Assembly's Meeting	Dammam - Al Nakheel King Khalid Bin Abdul Aziz Street Clock Tower Building
URL for the Meeting Location	https://goo.gl/maps/nfux1Nhnguy
Date of the General Assembly's Meeting	2020-12-01 Corresponding to 1442-04-16
Time of the General Assembly's Meeting	19:00
Attendance Eligibility	Each shareholder who is registered in the company’s shareholders ’register at the Depository Center is entitled to attend the meeting of the Assembly at the end of the trading session preceding the General Assembly meeting according to the rules and regulations.
Quorum for Convening the General Assembly's Meeting	The meeting of the Ordinary General Assembly shall be valid if attended by shareholders representing at least one quarter of the company paid up capital. If the quorum for the first meeting is not completed, a second meeting shall be conducted one hour after the time allocated for the first meeting. The second meeting shall be valid regardless of the number of shares represented therein.
General Assembly Meeting Agenda	(1) Voting on the formation of the audit committee and determining its tasks, work controls and rewards of its members for the new session starting from the date of the assembly until the end of the session on the date of 19-07-2023 AD The following candidates have their names: 1- Mansour Al-Ghamdi 2- Abdul Karim Al Shamekh 3- Jassim Al-Rumaihi (CV) ).
Proxy Form
E-Vote	Shareholders registered in the Tadawulati services system , can vote electronically on the assembly’s items starting at ten o'clock on Friday 04/12/1442 AH corresponding to 11/27/2020 AD until the end of the meeting time, the registration and voting in Tadawulati services will be available and free for all shareholders using the following link

www.tadawulaty.com.sa Eligibility for Attendance Registration and Voting Noting that the eligibility to attend the meeting of the association ends at the time of the meeting, and the right to vote on the association’s items for the attendees ends when the counting committee finishes counting the votes. Method of Communication For inquiries, please call: 0138099439 EXT.44 or fax: 0138099438 Attached Documents  

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