Saudi Cable Co. announces that the Extraordinary General Assembly meeting (Second meeting) non-convention of the Extraordinary General Assembly on 8 Rajab 1443 H corresponding to 9 February 2022 through modern technology.
Indicate the date of the non-convened assembly
2022-02-09 Corresponding to 1443-07-08
City and Location of the General Assembly’s Meeting
Company’s Head office in Jeddah – Via means of modern technology.
Time of the General Assembly’s Meeting
The reason behind non-convening the assembly
For the lack of a quorum required for the extraordinary assembly to be convened, the attendance rate for the first meeting was (13.91%) and the attendance rate for the second meeting was (13.94%).
Percentage of Attending Shareholders
The impact of non-convening the assembly upon matters relating to the recommendations of the board of directors on profits or on the work of the External Auditor (where applicable).
The impact of non-convening the assembly upon matters relating to the recommendations of the board of directors capital alterations
Accordingly, the Extraordinary General Assembly meeting was postponed, and will call for a third meeting which will be determined and announced later after obtaining the approval of the relevant authorities.