| Element List | Explanation |
|---|---|
| Introduction | No English translation, kindly refer to the Arabic version |
| Date of Announcing that Accumulated Losses Reached 50% or more of the Capital on Tadawul's Website | 2020-02-26 Corresponding to 1441-07-02 |
| Date of Announcing the Board Recommendation in Regard to Dealing with Losses on Tadawul's Website | 2020-03-22 Corresponding to 1441-07-27 |
| Date of Announcing the Invitation for Extraordinary General Assembly Meeting to Address Accumulated Losses on Tadawul's Website | 2020-04-02 Corresponding to 1441-08-09 |
| Non Convening of the Extraordinary Meeting within 45 Days from Board of Directors Knowledge of the Loses or if the Meeting was Convened but No Decision is Taken | In case the above mentioned Extraordinary General Assembly Meeting is not Convened within 45 Days from the date of the Board of Directors’ Knowledge of the Losses (Which Ends on XX/XX/XXXX) or in Case the Meeting is Convened but No Decision is Taken, the Company will be Considered Dissolved by Force of Law as per Article 150 of the Companies Law. |
| Subscription to the Increase in Capital in Full within 90 Days from the Date of the Decision of the General Assembly | If the Increase in Capital is not Subscribed to in Full within 90 Days from the Date of Approving the Increase by the General Assembly, the Company will be Considered Dissolved by Force of Law as per Article 150 of the Companies Law. |
| Voting on the General Assembly's Meeting Agenda | Company would Like to Draw Your Attention to the Importance of Shareholder’s Attendance to the Extraordinary General Assembly’s Meeting or to Cast Their E-votes on the General Assembly’s Meeting Agenda so as to Avoid the Lapse of the Period Specified to Convene the Meeting |
| Additional Information | No English translation, kindly refer to the Arabic version |
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