Sustained Infrastructure Holding Co. — Proxy Solicitation & Information Statement 2022

Oct 9, 2022

Saudi Industrial Services Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Extraordinary General Assembly Meeting

2190 · 09/10/2022 15:33:32 · Announcement #70424 · View on Saudi Exchange

Saudi Industrial Services Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Extraordinary General Assembly Meeting

Element List	Explanation
Introduction	The Board of Directors of Saudi Industrial Services Co. (“Company”) is pleased to invite the valued shareholders to participate and vote in the Extraordinary General Assembly meeting (the first meeting ) scheduled to be held through modern technology methods.
City and Location of the General Assembly's Meeting	Company`s Headquarter Jeddah - via modern technology
URL for the Meeting Location	www.tadawulaty.com.sa
Date of the General Assembly's Meeting	2022-11-10 Corresponding to 1444-04-16
Time of the General Assembly's Meeting	18:30
Attendance Eligibility	Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations
Quorum for Convening the General Assembly's Meeting	The extraordinary general assembly meeting shall be valid attended by shareholders representing at least 50% of the Company’s capital. In the absence of a quorum required for holding the meeting, a second meeting will be held one hour after the end of the end of period specified for the first meeting, and the second meeting will be valid if attended by a number of shareholders representing at least 25% of the Company.
General Assembly Meeting Agenda	Agenda Item 1. Voting on the company’s purchase of number of its shares and a maximum of (8,160,000) shares and keep them as treasury shares, as the Board of Directors or the authorized persons consider that the share price in the market is less than its fair value. The purchase will be financed from the company’s own resources and authorizing the Board of Directors to complete the process within 12 months of the extraordinary general assembly’s approval date, and the company will keep the purchased shares for a maximum period of (5) years from the date of approval of the extraordinary general assembly. After the expiry of this period, the company will follow the procedures and controls stipulated in the relevant laws and regulations.
Proxy Form
E-Vote	Shareholders registered in Tadawulaty services can vote remotely on the items of the assembly, starting from 01:00 am on Sunday 12 Rabi Al Thani 1444, corresponding 6th of November 2022 until the end of the assembly time. 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	Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes
Method of Communication	In the event of an inquiry, we hope to contact the Shareholders Relations Department through

Phone number: 0126619500

Email: IR@sisco.com.sa Attached Documents  

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