Saudi Cable Co. Announces the Results of the Ordinary General Assembly Meeting, ( Second Meeting )
| ELEMENT LIST | EXPLANATION |
|---|---|
| Introduction | Saudi Cable Company announces the results of the Ordinary General Assembly Meeting (2nd Meeting) for the failing of the quorum in the first meeting and consequently, second meeting was held after one hour of the first meeting, which was held at the Company Head Office in Jeddah, through the means of modern technology using Tadawulaty website, at 7:30pm, on Wednesday, 23/11/1443H corresponding to 22/6/2022 headed by the Chairman of the Board, Mr. Abdulrahman I. Alkhayal, after valid quorum attended by (7.74%) |
| City and Location of the General Assembly’s Meeting | Saudi Cable Company’s Head Office, Jeddah – Via means of Modern Technology. |
| Date of the General Assembly’s Meeting | 2022-06-22 Corresponding to 1443-11-23 |
| Time of the General Assembly’s Meeting | 19:30 |
| Percentage of Attending Shareholders | 7.74% |
| Names of the Board of Directors’ Members Present at the General Assembly’s Meeting and Names of the Absentees | Names of the Board Members who are attended the meeting: – Abdulrahman Alkhayal (Chairman of the Board) – Noha Sulaimani (Vice-Chairman & Managing Director) – Abdulhadi Abulkhair. – Saleh Al Shathry – Meyassar Nowailati – Ali Al Attas – Azhar Kenji – Nael Fayez |
| Names of the Chairmen of the Committees Present at the General Assembly’s Meeting or Members of such Committees Attending on Their Behalf | – Mr. Saleh Al Shathry (Chairman of the Nomination & Remuneration Committee) |
| Voting Results on the Items of the General Assembly’s Meeting Agenda’s | 1. Approval of the appointment of Mr. Ghaith R. Fayez as a member of the audit committee (member from outside the Board) from the date of the General Assembly until the end of the current Committee’s term on 13/01/2024, in place of the previous committee member, Mr. Basem T. Hijaz (member from outside the Board). 2. Approval of the appointment of Mr. Omar H. Bahatheq as a member of the audit committee (member from outside the Board) from the date of the General Assembly until the end of the current Committee’s term on 13/01/2024, in place of the previous committee member, Mr. Mazen K. Zayer (member from outside the Board). 3. Approval of the Board’s decision to appoint Mr. Khaled M. Bawazeer as an (Independent) member of the Board from his appointment date on 22/05/2022, to complete the term of the Board until the end of the current term on 13/01/2024, succeeding the former member, Mr. Mahmoud M. Abdulghafar (Independent). |
| Additional Information | N/A |
