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TAQAT

16 January, 2025 15:55

Taqat Mineral Trading Co. Board invites its shareholders to attend the Extraordinary General Assembly Meeting the (First Meeting) Through modern technology

Element ListExplanation
Introduction The Board of Directors of Taqat Mineral Trading Co. is pleased to invite the honorable shareholders to participate and vote in the Extraordinary General Assembly Meeting (First Meeting), which is scheduled to be held via modern purification methods, God willing, at exactly (19:30) on Thursday, 08/07/1446 AH corresponding to 02/06/2025 AD.
City and Location of the General Assembly's Meeting At the company's main headquarters located in Riyadh - Al-Musafah District - Abi Nasr Al-Dabbas, using modern technology.
Hyperlink of the Meeting Location Click Here
Date of the General Assembly's Meeting 2025-02-06 Corresponding to 1446-08-07
Time of the General Assembly’s Meeting 19:30
Methodology of Convening the General Assembly’s Meeting Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End The right to attend shall be for shareholders registered in the issuer’s shareholders’ register at the Depository Center at the end of the trading session preceding the general assembly meeting, in accordance with the rules and regulations. The right to register attendance at the general assembly meeting also ends at the time the general assembly meeting is held, and the right to vote on the assembly’s items for those present ends when the counting committee finishes counting the votes.
Quorum for Convening the General Assembly's Meeting According to Article (37) of the company’s articles of association, the extraordinary general assembly meeting shall not be valid unless it is attended by shareholders representing at least half of the company’s shares that have voting rights. If this quorum is not available at the first meeting, the second meeting shall be held one hour after the end of the period specified for holding the first meeting. In all cases, the second meeting shall be considered valid if it is attended by a number of shareholders representing at least a quarter of the company’s shares that have voting rights.
General Assembly Meeting Agenda 1. Voting on the election of Board of Directors members from among the candidates for the next session, which begins on 02/14/2025 AD for a period of (4) Gregorian years, ending on 02/13/2029 AD (attached CVs of the candidates) 2. Voting on transferring the balance of the statutory reserve amounting to (1,406,246) Saudi riyals as in the annual financial statements ending on (12/31/2023 AD) to the balance of accumulated losses amounting to (17,990,126) Saudi riyals as in the semi-annual financial statements ending on (06/30/2024 AD). 3. Voting on approving the policies, standards and procedures for membership in the Board of Directors (attached)
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right Dear shareholders have the right to discuss the topics included in the agenda of the Extraordinary General Assembly and ask questions, noting that voting in Tadawulaty services is available free of charge to all shareholders using the following link: http://www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda Shareholders registered in Tadawulaty services can vote electronically remotely on the assembly’s items starting from 1:00 AM on Sunday 03/08/1446 AH corresponding to 02/02/2025 AD until the end of the assembly’s meeting time. Registration and voting in Tadawulaty services will be available and free for all shareholders using the following link: www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries In case of any inquiries, please contact Shareholder Relations on 0510020302 or via email a.alaklabi@taqatco.sa
Attached Documents     

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