Zamil Industrial Investment : An Invitation to attend the Extraordinary General Assembly Meeting on 28 September 2023 (Virtually)
September 06, 2023 at 09:44 am EDT
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ELEMENT LIST
EXPLANATION
Introduction
The Board of Directors of Zamil Industrial Investment Company invites all its shareholders to convene for an extraordinary session (First Meeting). The meeting will be held virtually on Thursday, September 28, 2023, at 18:30 in the Company headquarters in Dammam via the Tadawulaty e-voting system (www.tadawulaty.com.sa).
City and Location of the General Assembly's Meeting
Company headquarters in Dammam First Industrial City - Virtually
URL for the Meeting Location
www.tadawulaty.com.sa
Date of the General Assembly's Meeting
28 September 2023
Time of the General Assembly's Meeting
18:30
Attendance Eligibility
Shareholders registered in the Company's register at the Securities Depository Center (Edaa) have the right to attend the general assembly at the end of the trading session preceding the meeting and should register attendance and vote through Tadawulaty. Shareholders have the right to discuss the items on the agenda of the meeting and ask questions.
Quorum for Convening the General Assembly's Meeting
The quorum for this meeting is for shareholders representing at least 50 percent of the Company's paid-up capital. If such a quorum is not attained, a second meeting can be held one hour after the time when the first meeting was supposed to convene. In all cases, the second meeting shall be deemed valid if 25 percent of the paid-up capital is represented therein.
General Assembly Meeting Agenda
1) To vote on the recommendation of the Board of Directors using a portion of the statutory reserve of SAR 180,000,000 against the Company's total accumulated losses of SAR 169,253,000, which represents 28.2% of the capital, as of the fiscal year ending on (30/06/2023).
E-Vote
Eligible shareholders can cast their votes remotely via Tadawulaty electronic services. Voting will start at 10:00 a.m. on Sunday, September 24, 2023, until the adjournment of the meeting. The Company encourages its shareholders to actively participate and vote online by visiting the Tadawulaty web page at www.tadawulaty.com.sa, a free service available to all shareholders.
Eligibility for Attendance Registration and Voting
Eligibility for registering attendance at the Extraordinary General Assembly Meeting ends once it convenes. Eligibility to vote on the meeting agenda ends when the Vote Counting Committee concludes counting the votes.
Method of Communication
Shareholders are welcome to send their inquiries by directly contacting our Corporate Affairs Dept. by phone (+966138108148) or by email at:investors@zamilindustrial.com
Zamil Industrial Investment Co. SJSC published this content on 06 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 September 2023 13:43:00 UTC.
Zamil Industrial Investment Co SJSC (ZIIC) is a Saudi Arabia-based company engaged in the development of solutions for use in the construction industry. The Company implements its engineering through a range of products: pre-engineered steel buildings, steel structures, air conditioning and climate control systems designed for a range of commercial, industrial and residential applications, telecom and transmission towers, process equipment, precast concrete building products, fiberglass, Rockwool and engineered plastic foam insulations, and solar power projects. The Company also offers installation and erection services. The Company operates manufacturing facilities in Saudi Arabia, United Arab Emirates, Egypt, India, Vietnam and Italy. The Companyâs subsidiaries include Universal Building Systems Limited, Zamil Steel Company and Zamil Steel Buildings Company, among others.