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TAPRCO

20 October, 2024 09:56

Tihama Advertising and Public Relations Co. Announces the Results of the Extraordinary General Assembly Meeting, ( Second Meeting )

Element ListExplanation
Introduction Tihama Advertising and Public Relations Company is pleased to announce the results of the Extraordinary General Assembly (the second meeting) held on Thursday 14 – 04 -1446 corresponding to 17 – 10 - 2024 at 8:00 pm at the company’s head office and through modern technology means using the Tadawulaty web site, due to the lack of the legal quorum in the first meeting, the second meeting was held an hour after the first meeting, with the quorum necessary for its convening.
City and Location of the General Assembly's Meeting The company's main headquarters is Riyadh, King Fahad Road, Alsahab Building, and through modern technological means using the Tadawulati site
Date of the General Assembly's Meeting 2024-10-17 Corresponding to 1446-04-14
Time of the General Assembly’s Meeting 20:00
Percentage of Attending Shareholders 27.72 %
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees The meeting of the Assembly was attended by all members of the Board of Directors Mr. Hatem Ali Bargash (Chairman of the Board of Directors) Mr. Adel Abdul Karim Mazie (Board Member) Mr. Saleh Ghadir Al Rashid (Board Member) Mr. Abdullah Abbas Sharqawi (Board Member) Apologies for not attending the meeting Dr. Samar Abdul Aziz Shalhoub (Board Member) Mr. Hazem Fahd Al Dosari (Board Member) Eng. Abdulaziz Abdul Rahman Al Ammar (Board Member)
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf 1- Mr. Saleh Ghadir Al Rashid (Board Member) Chairman of Audit Committee). 2- Mr. Abdullah Abbas Sharqawi (Board Member) Chairman of the Remuneration and Nomination Committee's).
Voting Results on the Items of the General Assembly's Meeting Agenda's 1- The financial statements for the year ending on 31-03-2024 has been viewed and discussed . 2- The Board of Director’s report for the financial year ending on 31-03-2024 has been viewed and discussed. 3- approval of the company’s auditor’s report for the financial year ending on 31-03-2024 4- Approval of the appointment of the company’s auditor (Ibrahim Ahmed Al-Bassam and Partners PKF office) from among the candidates based on the recommendation of the Audit Committee in order to examine, review, and audit the financial statements for the (second and third) quarters and the annual period of the fiscal year ending on 31/03/2025 and the first quarter of the fiscal year ending on 31/03/2026 and determining his fees. 5- approval on amending Article 4 of the company's bylaws related to the company's objectives. 6- Vote on amending Article 15 of the company's bylaws related to the trading of shares. 7- approval on amending Article 17 of the company's bylaws related to increasing the capital. 8- approval on deleting Article 21 of the company's bylaws related to preferred shares. 9- approval on amending Article 22 of the company's bylaws related to issuing shares. 10- approval on adding Article No. 23 to the company’s bylaws, related to the transfer of shares . 11- approval on adding Article No. 24 to the company’s bylaws, relating to amending the rights and obligations related to shares. 12- approval on adding an article to the company's bylaws numbered twenty-five, related to the company's purchase, sale and mortgage of its shares. 13- approval on adding Article No. 26 to the Company's bylaws, related to the issuance of debt instruments and financing bonds . 14- approval on adding Article No. 27 to the Company's bylaws, related to the transfer of debt instruments and financing bonds . 15- approval on adding Article No. 28 to the Company's bylaws, related to compensation for damages . 16- approval on amending Article 41 of the company's bylaws related to the quorum for board meetings. 17- approval on amending Article 43 of the company's bylaws related to the formation of the audit committee. 18- approval on deleting Article 56 of the company's bylaws related to attending general meetings. 19- approval on deleting Article 57 of the company's bylaws related to the founding assembly. 20- approval on deleting Article 58 of the company's bylaws related to the powers of the founding assembly. 21- approval on deleting Article 61 of the company's bylaws related to the attendance register for meetings. 22- approval on deleting Article 62 of the company's bylaws related to chairing meetings. 23- approval on amending Article 63 of the company's bylaws related to appointing the auditor. 24- approval on amending Article 64 of the company's bylaws related to the powers of the auditor. 25- approval on amending Article 65 of the company's bylaws related to the auditor's obligations. 26- approval on amending Article 71 of the company's bylaws related to profit distribution. 27- approval on deleting Article 72 of the company's bylaws related to profit distribution for preferred shares. 28- approval on adding Article No. 53 to the Company’s bylaws, related to the Companies Law (attached) 29- approval on amending Article 47 of the company's bylaws related to liability claims. 30- approval on renumbering the articles in the company's bylaws.
Additional Information Nothing

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