August 29 … Al Sagr Insurance GA Discusses Election of Members to BOD to fill 5 Vacant Seats

08 Aug 2022

Riyadh - Maaal

The Board of Directors of Al-Saqr Cooperative Insurance Company invited the shareholders to participate and vote in the (regular) general assembly meeting (the first meeting), which is scheduled to take place, God willing, on Monday 29/08/2022, in presence by means of modern technology via Tadawulaty.

General Assembly Meeting Agenda:

Item 1: Vote on the election of Board members among the candidates to fill the vacant seats (Five Seats) to complete the current term which started on 16/06/2020 and end on 15/06/2023.

اقرأ المزيد

The shareholders registered in Tadawulaty services will be able to vote remotely on the items of the Agenda starting on Thursday 25/08/2022 until the end of the assembly time.

The 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.

The shareholder has the right to delegate another person to attend in his behalf by a written proxy, provided that the delegated shall not be a member of the Board of directors or an employee of the Company, and such proxy shall be attested by Chambers of Commerce whenever the Shareholder is holding a membership of one of them or if the Shareholder is a company or legal entity or one of the licensed banks or a licensed persons in the Kingdom, provided that the principal has an account with the bank or an authorized person who practices certification or a Notaries Public or the persons authorized to do notarial acts.

The shareholder or his agent must provide the Company with a copy of the proxy at least two days prior to the date of the convention of the General Assembly and forward it to (sh.relation@alsagr.com).

The delegated must show the original copy of the proxy prior to the Convention of the General Assembly and all Shareholders/Delegate shall bring their Identification Cards (IDs).