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Al Hammadi Company for Development and Investment announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting

Introduction The Board of Directors of Al Hammadi Company for Development and Investment


is pleased to invite its shareholders to attend the Ordinary General Assembly Meeting (First Meeting) scheduled to be held at 6:30 PM, on 5/5/1443H (corresponding 9/12/2021G) via modern technology means provided by Tadawulaty. This is to ensure the safety of the shareholders and in the context of supporting the preventive and precautionary efforts and measures exerted by the competent and relevant health authorities to address the emerging Corona Virus (COVID-19), and as an extension of the continuous efforts exerted by all government agencies in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread.

City and Location of the General Assembly's Meeting Riyadh - Head Office - By Means of Modern Technology
URL for the Meeting Location https://www.tadawulaty.com.sa
Date of the General Assembly's Meeting 2021-12-09 Corresponding to 1443-05-05
Time of the General Assembly's Meeting 18:30
Attendance Eligibility Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations
Quorum for Convening the General Assembly's Meeting As per Article (32) of the Company’s by-laws, the quorum for holding the Ordinary General Assembly is the presence of shareholders representing at least 25% of the Company’s share capital.
General Assembly Meeting Agenda 1 – To Vote On The Board's Recommendation To Distribute Cash Dividends Amounting To (72 Million SAR) To The Shareholders For The Fiscal Year Ended 31/12/2021 G. At (SR 0.6) Per Share Representing (6%) Of The Nominal Value Of The Share. Provided That The Entitlement To Dividends Is For Shareholders Holding The Shares By The End Of The Trading Day Of Assembly Date, And Who Are Registered In The Company's Shareholders Registry Held With The Security Depository Center Company (Edaa) At The End Of The Second Trading Day Following The Entitlement Date, The Distribution Date Will Be Determined Later.


2 – To Vote On Authorizing The Board Of Directors To Distribute Interim Dividends On Semi-Annual Or Quarterly Basis For The Fiscal Year 2022 G.

Proxy Form
E-Vote The shareholders who are registered in Tadawulaty Services may remotely vote on the Items of the Ordinary General Assembly starting from 10:00 AM on 2/5/1443H Corresponding to 6/12/2021G until the end of the Ordinary General Assembly Meeting’s time. Therefore, the Company invites all its shareholders to participate and vote online through Tadawulaty website
Eligibility for Attendance Registration and Voting 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
Method of Communication Questions and inquiries of our honorable Shareholders during the Ordinary General Assembly Meeting will be received by the Company’s Investor Relations Department through the Phone number 0552617406 or through the email invest@alhammadi.com