Savola : invites its shareholders to attend the Extraordinary General Assembly Meeting (No.33) (first meeting)
April 05, 2021 at 08:06 pm EDT
Share
Element List
Explanation
Introduction
The Savola Group Board is pleased to invite the esteemed shareholders to the Extraordinary General Assembly Meeting (No.33), which will be held on Wednesday 28 of April, 2021 at 10:00 PM corresponding to 16 of Ramadan 1442 H (as per Um Al-Qura Calendar) to discuss the attached agenda.
City and Location of the General Assembly's Meeting
Virtual meeting via modern technology means
URL for the Meeting Location
https://www.tadawulaty.com.sa
Date of the General Assembly's Meeting
2021-04-28 Corresponding to 1442-09-16
Time of the General Assembly's Meeting
22:00
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 Extraordinary General Assembly Meeting will reach its quorum, if attended by a number of shareholders representing 50% of the share capital of the Company, if such quorum is not present at the first meeting, an invitation shall be sent for a second meeting to be held after a lapse of an hour from the preceding meeting. The second meeting will reach its quorum, if attended by a number of shareholders representing 25% of the share capital of the Company as per the company's bylaws.
General Assembly Meeting Agenda
Attached
Proxy Form
E-Vote
The shareholders who are registered in the Tadawulaty electronic trading services can remotely vote on the items of the Extraordinary General Assembly Meeting Starting from 12/09/1442 corresponding to 24 April 2021 at 10:00 a.m. until the time of the EGM ended, the registration and voting is free of charge and will be available through electronic voting service at (https://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
For more information, please contact us through the following:
Direct phone: 012- 2687840 or Fax no.: 012-2687828
Savola Group 2444 Taha Kusaifan-Ashati District
Unit No. 15 , Jeddah 23511-7333
Ashati District, Jeddah, Prince Faisal Bin Fahd Road,
Or through the following email: hmahboub@savola.com or mmalibari@savola.com
Additional Information
For more details, the company has attached the documents pertaining to the agenda items (where applicable) which accompanying this announcement for your kind review and access.
Attached Documents
Attachments
Original document
Permalink
Disclaimer
SAVOLA Group Company SJSC published this content on 05 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 April 2021 00:05:04 UTC.
Savola Group Company SJSC is engaged in food and retail sectors. It operates following segments: Food processing segment, which includes manufacturing, sale and distribution of Edible oils, Sugar, Pasta, Spices, Nuts, and Pulses, among others. Retail segment, which includes hyper markets and super market operations; Food services segment, which includes food products and fast food restaurantsâ chain operated by Herfy; Frozen Food segment, which includes manufacturing, wholesale and retail distribution of frozen food products operated by Good Food Company; Investments segments, which includes real estate activities, investments in associates, fair value through profit or loss (FVTPL), Fair Value through Other Comprehensive Income (FVOCI) and other investments; and Others or Eliminations segment, which mainly include the eliminations. Its subsidiaries include Panda Retail Company, Good Food Company, and Al Matoun International for Real Estate Investment Holding Company, among other.