SIDC GA discusses appointing auditor to examine financial statements

The Board of Directors of Saudi Industrial Development Company “SIDC” is pleased to invite the valued shareholders to attend the General Assembly Meeting Number Thirty-Six (36) to be held by Means of Modern Technology (virtually) at 19:30 p.m. on Sunday 18/12/1443H (Umm Al-Qura Calendar) corresponding to 17/07/2022 AD.

The Meeting Agenda:

Voting on appointment of the company’s auditor from among the nominees based on the recommendation of the audit committee to examine, review, and audit the financial accounts of the company for the second quarter, third quarter, annual financial statement of the year 2022, and the first quarter of the year 2023 and determine their fees.

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.

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.

Shareholders registered in Tadawulaty will be able to vote electronically on Assembly Agenda. Electronic voting will start from 10.00 a.m. of Thursday 15/12/1443H. corresponding to 14/07/2022AD. 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)