Fitaihi Invites its Shareholders to Attend the GA Meeting (the First Meeting) Through Means of Modern Technology
4180
FITAIHI GROUP
0.00 %
1446/10/08 06/04/2025 16:00:36
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Fitaihi Holding Group is pleased to invite its shareholders to participate in and vote at the Ordinary General Assembly Meeting (First Meeting), scheduled for 18:30 on Monday, 14/11/1446H (corresponding to 12/05/2025), through modern technology via the Tadawulaty system. |
| City and Location of the General Assembly’s Meeting | Remotely, through modern technology using the Tadawulaty system, from Fitaihi Headquarters in Jeddah. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly’s Meeting | 2025-05-12 Corresponding to 1446-11-14 |
| Time of the General Assembly’s Meeting | 18:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | Each shareholder registered in the Company’s shareholder register at the Depository Center by the end of the trading session preceding the General Assembly Meeting has the right to attend the meeting in accordance with the applicable rules and regulations. The eligibility to register attendance for the General Assembly Meeting ends at the start of the meeting. The eligibility to vote on the agenda items for attendees ends once the Counting Committee concludes the vote count. |
| Quorum for Convening the General Assembly’s Meeting | As per Article (30) of the Company’s Articles of Association, the quorum required to hold the General Assembly Meeting is 25% of the capital. If the quorum is not met in the first meeting, a second meeting will be held within one hour of the scheduled time of the first meeting. The second meeting will be valid regardless of the number of shares represented. |
| General Assembly Meeting Agenda | 1- Review and discuss the Board of Directors’ Report for the fiscal year ending on 31/12/2024. 2- Vote on the Auditor’s Report for the fiscal year ending 31/12/2024 and discuss it. 3- Review and discuss the Consolidated Financial Statements for the fiscal year ending 31/12/2024. 4- Vote on discharging the members of the Board of Directors from their liabilities for the fiscal year ending 31/12/2024. 5- Vote on delegating to the Board of Directors to disburse interim dividends on a biannual/quarterly basis for the fiscal year 2025. 6- Vote on delegating to the Board of Directors the authorization powers of the General Assembly stipulated in paragraph (1) of Article (27) of the Companies Law for a period of one year starting from the date of the approval by the General Assembly or until the end of the delegated Board of Directors’ term, whichever is earlier, in accordance with the conditions set forth in the Executive Rules issued pursuant to the Companies Law relating to Listed Joint Stock Companies. 7- Vote on the Board of Directors’ recommendation not to disburse cash dividends to shareholders for the fiscal year 2024. 8- Vote on the appointment of the Company’s external auditor from among the candidates, based on the Audit Committee’s recommendation, to review and audit the Company’s financial statements for the second and third quarters, the annual financial statements for the fiscal year 2025, and the first quarter of 2026, as well as approving their service fees. |
| Proxy Form | https://shorturl.at/PkLQX |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders have the right to discuss the topics listed on the General Assembly agenda and raise relevant questions and inquiries. They can also vote remotely on the agenda items through the Tadawulaty (E-Voting service) by clicking on the following link: www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered in TADAWULATY services can cast their electronic votes on the General Assembly’s agenda items starting at 1:00 a.m. on Friday, 09-05-2025 (corresponding to 11-11-1446H), and the voting period will conclude at the end of the General Assembly Meeting. Please note that registration in the Tadawulaty service and voting are available and free of charge to all shareholders through the official website: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | For further inquiries regarding any items on the agenda for the General Assembly (GA), please contact the Corporate Governance and Investor Relations Department through any of the following means. Please note that inquiries will be addressed during the GA meeting: Department of Corporate Governance & Investor Relations: – Email: sh@fitaihi.com.sa – Phone: 012-2604200 |
| Attached Documents | https://shorturl.at/PkLQX |
