Saudi Enaya Cooperative Insurance Company has invited shareholders to participate and vote in its first Extraordinary General Assembly meeting, scheduled to take place virtually on Monday, February 10, 2025, at 6:30 PM.
The primary agenda item includes voting on amendments to the company’s bylaws to align with the new Companies Law. This includes reorganizing and renumbering articles to reflect the proposed changes.
Shareholders registered in the issuer’s record at the Depository Center by the end of the trading session prior to the meeting date are eligible to participate. They may delegate their voting rights to representatives other than board members, following applicable laws and regulations.
The meeting will be considered valid if shareholders representing at least 50% of the company’s capital are present. In the absence of a quorum, a second meeting will be held one hour later, requiring attendance by shareholders representing at least 25% of the capital.
Voting will conclude once the Screening Committee completes counting the votes.
