Filling and Packing Materials MFG. Co. (FIPCO) is pleased to invite its shareholders to attend its ordinary general assembly meeting (AGM) no. 30 (First Meeting), scheduled to take place on Tuesday 14/09/1439H corresponding to 29/05/2018 at 11:00 PM, at FIPCO head office, 2nd industrial area, Kharj road, Riyadh (https://goo.gl/maps/6qX8AKDDF9C2) to discuss the following Agenda:
1- Vote to approve the report of the Board of Directors for the financial year ending 31/12/2017.
2- Vote to approve the External Statutory Auditors Report for the financial year ending 31/12/2017.
3- Vote to approve the audited consolidated financial statements of the company for the financial year ending 31/12/2017.
4- Vote to approve the Board of Directors remuneration and compensation, which has been detailed in the annual board report for the financial year ending 31/12/2017.
5- Vote to absolve the Board of Directors members of any liability pertaining to the management and administration of the company for the financial year ending 31/12/2017.
6- Vote on the appointment and audit fees of the External Statutory Auditors nominated by the Audit Committee for reviewing and auditing of the quarterly and annual financial statements for the financial year ending 31/12/2018 and the first quarter of 2019.
Each shareholder shall have the right to attend the meeting provided to be registered in FIPCO share registry at the Depository Center as of the end of trading preceding to AGM and according to the rules and regulations.
Please note that the General Assembly meeting will be valid if attended or represented by at least 25% of the Company's capital, however in the absence of a quorum required for holding the meeting, a second meeting can be held one hour after the end of the period specified for the first meeting. The second meeting shall be valid regardless of the number of shares represented therein.
While the Shareholders who cannot attend the meeting may appoint a proxy, taking into consideration that it must be written and the proxy must not be a member of the board or an employee of the company.
Moreover The proxy letter must be signed and authenticated by Chamber of Commerce in case of institutional shareholders or authorized persons, an authorized Commercial Bank if the shareholder has an account and notary public or persons authorized in performing notary public, hence it will be submitted to the investor relations Dept. at FIPCO head office located in 2nd industrial area, Kharj road, Riyadh, two days before the Meeting.
It is necessary for each shareholder to bring a valid ID as well as the original proxy Letter (If any) when attending the meeting.
The shareholders who are registered in the Tadawulaty electronic trading services can remotely vote on the items of the General Meeting through (electronic voting) service scheduled to take place at 10:00 AM on Saturday, 11/09/1439H corresponding to 26/05/2018, and continue until 04:00 PM on the day of the Meeting.
Therefore, all FIPCO shareholders are invited to participate and vote remotely through Tadawulaty website (https://www.tadawulaty.com.sa) with free of charge.
Shareholders are welcome to send their inquiries by directly contacting our Investor Relations department by phone (0096612652299 # 777) during the working hours or by email fir@fipco.com.sa or sms@fipco.com.sa
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.