Feb. 24: Zamil Industrial Assembly Holds BOD Members Election

Zamil Industrial Investment Company announced on Sunday that it invited shareholders to participate and vote in the Ordinary General Assembly Meeting (First Meeting) scheduled to be held on Monday, Feb. 24, where voting will be held to elect members of the Board of Directors from among the candidates for the next session, which starts from May 01, 2025 and its duration is (3) years, ending on April 30, 2028.

Voting will also be held to appoint the Company’s auditor from among the candidates based on the recommendation of the Audit Committee, to examine, review and audit the financial statements for the quarters (second and third) and the annual of the fiscal year ending on Dec. 31, 2025 and the first quarter of the fiscal year ending on Dec. 31, 2026 and determine his fees.

The right to attend shall be for shareholders registered in the issuer’s shareholders’ register at the Depository Centre at the end of the trading session preceding the General Assembly Meeting, according to the rules and regulations. The right to register attendance at the General Assembly Meeting ends at the time the General Assembly Meeting is held, and the right to vote on the general assembly items for those present ends when the sorting committee finishes sorting the votes.

Indicating that the meeting shall not be valid unless attended by shareholders representing at least a quarter of the capital, and if this quorum is not available, the second meeting shall be held one hour after the end of the specified period for holding the first meeting, and in all cases the second meeting shall be valid regardless of the number of shares represented in it.