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The National Company for Glass Industries "Zoujaj" Board invites its shareholders to attend the Extraordinary General Assembly Meeting the ( First Meeting )
| Element List | Explanation |
|---|---|
| City and Location of the General Assembly's Meeting | Riyadh, through modern technology. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2024-05-28 Corresponding to 1445-11-20 |
| 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 | Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee. |
| Quorum for Convening the General Assembly's Meeting | The Extraordinary General meeting shall be valid only if attended by shareholders representing at least half of the Share Capital. In case of non-completion of the quorum at this meeting, the second meeting will be held within one hour of the scheduled time for the first meeting, and the second meeting will be valid if attended by a number of shareholders representing at least one quarter of the share capital. |
| General Assembly Meeting Agenda | 1 -Voting on the division of the company's shares according to the following: - The nominal value of the share before the amendment is 10 SAR, the nominal value of the share after the amendment is 1 SAR. - The number of shares before amendment is 32,900,000 share, the number of shares after amendment is. share 329,000,000 - There is no change in the company's capital before and after the stock split. - If the item is approved, The split resolution will be effective on all the Company's shareholders who own the shares on the day of the Extraordinary General Assembly and who are registered in the Company's shareholders register at the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the Extraordinary General Assembly in which the division of shares was decided. - The effect of the resolution on the share price will be applied starting from the working day following the meeting, provided that the number of shares in the shareholders' portfolios will be applied at the end of the second trading day following the date of the extraordinary general assembly in which the division of shares was decided. - Amending Article (7) of the Company's Articles of Association related to capital. (attached) - Amending Article (8) of the Company's Articles of Association related to subscription to shares. (attached) 2-Voting on the amendment of Article (3) of the Company's Articles of Association related to the Company's purposes. (attached) 3- Voting to amend the Company's Articles of Association in accordance with the new Companies Law, and rearranging and numbering the articles of the Company's Articles of Association to comply with the proposed amendments. (attached) . 4- To review and discuss the Board of Directors' report for the fiscal year ending on 31/12/2023. 5- Reviewing and discussing the financial statements for the fiscal year ending on 31/12/2023. 6- Voting on the auditor's report for the fiscal year ending on 31/12/2023 after discussing it. 7- Voting on the discharge of the members of the Board of Directors for the fiscal year ending on 31/12/2023. 8- Voting on the appointment of the company's auditor 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 annual of the fiscal year 2024, and the first quarter of the fiscal year 2025, and determine fees. 9- Voting on the disbursement of SAR 1,600,000 (one million six hundred thousand) riyals as remuneration to the members of the Board of Directors for the fiscal year ending on 31/12/2023. 10- Voting on authorizing the Board of Directors to distribute interim dividends on a semi-annual basis for the fiscal year 2024. |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Eligibility for registering attendance of the extraordinary General Assembly’s meeting ends once it convenes. Eligibility for voting on the meeting agenda ends upon the Counting Committee concludes counting of the votes. |
| Details of the electronic voting on the Assembly’s agenda | Eligible shareholders can cast their votes remotely via Tadawulaty electronic services. Voting will commence from 1 AM on Friday, 16-11-1445 corresponding to 24-05-2024 until the end of the extraordinary general assembly meeting. The company encourages its shareholders to actively participate and vote online by visiting the Tadawulaty web site www.tadawulaty.com.sa of service platform available to all shareholders. |
| Method of Communication in Case of Any Enquiries | To answer your inquiries, please contact on the phone 2651347 Ext.118 or on the e-mail: nada.ibrahim@zoujaj-glass.com |
| Attached Documents | |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Company Performance
Key Parameters
Last Price 42.5
Net Change -0.25 (-0.58%)
Value Traded (Sar) 7,503,692.15
Volume Traded 176,792
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