The Saudi Company for Advanced Industries announces the results of the Ordinary General Assembly meeting (second meeting)
- Date : 2020-10-29
| item | Clarification |
|---|---|
| an introduction | The Saudi Advanced Industries Company announces the results of the Ordinary General Assembly meeting (the second meeting) due to the lack of a quorum for the first meeting and the second meeting was held an hour after the specified time at half past seven in the evening on Wednesday 11 Rabi Al-Awwal 1442 AH corresponding to October 28, 2020 AD. By means of modern technology (remotely), after completing the quorum required for the validity of the assembly to convene, where the attendance rate was 8.84%. |
| City and venue of the General Assembly | The association was held by remote means of modern technology. |
| The date of the General Assembly | 1442-03-11 corresponding to 2020-10-28 |
| Time of the General Assembly | 19:30 |
| Attendance rate | %8.84 |
| Names of the members of the board of directors attending the association and absent | The meeting was attended by the following board members:
His Excellency Mr. Yazid bin Khalid Al-Shathry (Chairman of the Board)
His Excellency Mr. Mohsen bin Hassan Al-Fahadi (Vice Chairman of the Board of Directors)
His Excellency Mr. Badr bin Khalid Al-Shathry
His Excellency Mr. Salman bin Nasser Al-Hawawi
His Excellency Mr. Khalid bin Mohammed Al Muammar
The following board members were unable to attend due to their special circumstances:
His Excellency Eng. Saad bin Ammash Al-Shammari
His Excellency Mr. Turki bin Mohammed Al-Beez |
| The names of the heads of the committees attending the association or whoever is appointed by them from among its members | His Excellency Mr. Khalid bin Mohammed Al-Muammar (Chairman of the Investment Committee)
The following members of the Nomination and Awards Committee attended: His Excellency Mr. Badr bin Khalid Al-Shathry (Member of the Nominations and Remuneration Committee)
His Excellency Mr. Mohsen bin Hassan Al-Fahadi (Member of the Nominations and Remuneration Committee) |
| Results of voting on the assembly agenda | Approval of the formation of the audit committee, specifying its tasks, work controls and remuneration of its members for the new session, starting from the date of the assembly meeting 11/03/1442 AH corresponding to 10/28/2020 AD until the end of the session on 02/03/1445 AH corresponding to 09/16/2023 AD, and they are the following gentlemen:
Mr. Turki bin Muhammad Al-Beez (Non-Executive Board Member)
Mr. Khaled bin Muhammad Al-Muammar (Independent Board Member)
Mr. Muhammad bin Farhan Al Nader (Member from outside the Board) |