Ladun GA to discuss authorizing BOD to distribute interim ‎profits for 2023‎

The Board of Directors of Ladun Investment Company called on its shareholders to participate and vote in the Extraordinary General Assembly Meeting No. 1 of 2023 AD (the first meeting) through modern technology at (8:00) in the evening on Wednesday 05/31/2023 AD.

Agenda:

– Voting to authorize the Board of Directors to distribute interim profits on a semi-annual basis for the year 2023 AD.

For the validity of the Extraordinary General Assembly meeting, a number of shareholders representing at least half of the capital must be present. If the necessary quorum for holding this meeting is not available, the second meeting will be held an hour after the end of the period specified for the first meeting, and the second meeting will be valid if attended by shareholders representing at least a quarter of the company’s capital.

Each shareholder registered in the issuer’s shareholder register at the Depository Center has the right to attend at the end of the trading session that precedes the meeting of the General Assembly, according to the rules and regulations, and the shareholder has the right to discuss the topics listed on the assembly’s agenda, ask questions and vote on items.

Shareholders registered in Tadawulaty services can vote remotely electronically on the items of the assembly, starting from (1:00 am) on Sunday, 05/28/2023 AD, until the end of the time of the assembly.