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contactus
0112881478
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E-mail
info@asharqiyah.com.sa
0112881478
info@asharqiyah.com.sa
| Element List | Explanation |
|---|---|
| Introduction | ASharqiyah Development Company announces the results of the ordinary general assemply meeting (the second meeting). Since the first meeting was not held due to the lack of quorum, the second meeting was held after one hour of the first meeting as indicated in the invitation. |
| City and Location of the General Assembly’s Meeting | Riyadh – Hittin District – Prince Turki Al Awal Road – ASharqiyah Development Company
The assembly meeting was held via modern technical means. |
| Date of the General Assembly’s Meeting | 2025-06-01 Corresponding to 1446-12-05 |
| Time of the General Assembly’s Meeting | 19:45 |
| Percentage of Attending Shareholders | 15.5669 % |
| Names of the Board of Directors’ Members Present at the General Assembly’s Meeting and Names of the Absentees | attended the meeting:
His Excellency Mr. Yasser bin Muhammad Al Jarallah (Chairman of the Board of Directors) Mr. Ali bin Yahya Al-Jaafari (Deputy Chairman of the Board of Directors) And Mr. Fayez bin Saleh bin Mahfouz (Managing Director and Acting CEO) And Mr. Muhammad bin Ibrahim Al-Amer And Mr. Abdul Rahman bin Hassan Al-Amoudi |
| Names of the Chairmen of the Committees Present at the General Assembly’s Meeting or Members of such Committees Attending on Their Behalf | Mr. Yasser bin Muhammad Al Jarallah (Chairman of the Executive Committee)
Mr. Ali bin Yahya Al-Jaafari (Chairman of the Audit Committee) Mr. Mohammed bin Ibrahim Al-Amer (Chairman of the Nominations and Remuneration Committee) |
| Voting Results on the Items of the General Assembly’s Meeting Agenda’s | (1) Approval of the report of the Board of Directors for the financial year ended 31/12/2024.
(2) Approval of the report of the external auditor of the company for the financial year ended 31/12/2024. (3) Approval of the Company’s financial statements for the year ended 31/12/2024. (4) Approval the selection of the office of AlKharashi & Co. Certified Accountants and Auditors from among the candidates by the audit committee to examine, review and audit the financial statements for the second, third and annual quarter of the fiscal year 2025 and the first quarter of the fiscal year 2026 AD and determine its fees. |