Saudi Industrial Development Co. (SIDC) announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting by means of Modern Technology Methods.

A2130 SIDC-0.34 (-1.61 %)
1443/03/28 Wed Nov 3, 2021 15:34:21

Saudi Industrial Development Co. (SIDC) announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting by means of Modern Technology Methods.

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Element List	Explanation
Introduction	The Board of Directors of Saudi Industrial Development Company "SIDC" is pleased to invite the valued shareholders to participate and vote in the General Assembly Meeting No.34 to be held by Means of Modern Technology at 6:30 p.m. on Sunday 23/04/1443 H (Umm Al-Qura Calendar) corresponding to 28/11/2021
City and Location of the General Assembly's Meeting	Head Office - Jeddah, Alfaisalia, Altahlia St. (by Means of Modern technology)
URL for the Meeting Location	https://bit.ly/3w5cGKP
Date of the General Assembly's Meeting	2021-11-28 Corresponding to 1443-04-23
Time of the General Assembly's Meeting	18:30
Attendance Eligibility	Shareholders registered in the Issuer's Shareholders Registry in the Depository Centre at the end of the Trading Session preceding the General Assembly's Meeting as per Laws and Regulations
Quorum for Convening the General Assembly's Meeting	The Ordinary General Assembly Meeting shall be valid if attended by shareholders representing at least 25% of the Company's capital. In the absence of a quorum required for holding this meeting, a second meeting will be held one hour after the end of the period specified for the first meeting. The second meeting shall be valid regardless of the number of shares represented.
General Assembly Meeting Agenda	1- Voting for the election of members of board of directors from among the candidates for the next term which starts on 01/01/2022 ending on 31/12/2024 (Resumes of Candidates are attached). 2- Voting on forming Audit Committee for the new term starting from 01/01/2022 to 31/12/2024 specifying its assignments, controls, and remunerations. Candidates' names are mentioned below (Their Resumes are attached): a. Mr. Ibrahim Bin Abdullah Bin Ibrahim AlHomaidhi (Non-Executive Member of the Board of Directors) b. Mr. Ibrahim Bin Abdulaziz Bin Ibrahim Al Rashid (Memember from outside the Board of Directors). c. Mr. Ahmed Bin Abdullah Bin Abdurrehman Al Kanhal (Non-Executive Member of the Board of Directors). d. Mr. Ahmed Bin Fouad Bin Ahmed Al Baz (Memember from outside the Board of Directors). e. Mr. Nasser Bin Mishari Bin Abdullah Al Furhoud (Independent Member of the Board of Directors).
Proxy Form	[Link]
E-Vote	Shareholders registered in Tadawulaty will be able to vote electronically on Assembly Agenda. Electronic voting will start from 10.00 a.m. of Thursday 20/04/1443H. corresponding to 25/11/2021 and will last until the end of the Assembly time. Registration and voting will be available free of charge to all shareholders using the following link: (www.tadawulaty.com.sa)
Eligibility for Attendance Registration and Voting	Eligibility for Registering the Attendance of the General Assembly's Meeting Ends upon the Convenience of the General Assembly's Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes.
Method of Communication	In the event of an inquiry, you may contact on Tel. No. 012-6102222 during company office hours from Sunday until Thursday from 08.00 a.m. to 17.00. Inquiries about Assembly Agenda may also be sent through email: [e-mail]
Attached Documents	[Link] [Link]

The Capital Market Authority and the Saudi Stock 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.