Filling & Packing Materials MFG. Co. (FIPCO) invites its shareholders to attend the 33rd. Assembly General Meeting (AGM), (First Meeting).
| Element List | Explanation |
|---|---|
| Introduction | In the context of supporting the preventive and precautionary efforts conducted by relevant authorities to address the new Corona Virus (COVID-19), and a reference to the circular issued by the Capital Market Authority that includes the suspension of conducting General Assembly Meetings by physical attendance until further notice, and instead, conducting these meetings through modern technology means that enables shareholders to participate in its deliberations and voting on its decisions, The Board of Directors of Filling and Packing Materials MFG. Co. (FIPCO) is pleased to invite its shareholders to attend the Ordinary General Meeting (First Meeting) via modern technology means provided by Tadawulaty. |
| City and Location of the General Assembly's Meeting | FIPCO head office, 2nd industrial area, Kharj road, Riyadh |
| URL for the Meeting Location | (https://goo.gl/maps/6qX8AKDDF9C2) |
| Date of the General Assembly's Meeting | 2020-05-07 Corresponding to 1441-09-14 |
| Time of the General Assembly's Meeting | 00:23 |
| Attendance Eligibility | The eligibility to attend the Ordinary General Meeting remotely and vote on the meeting’s agenda , will be for shareholders registered in the Company share registry at the Depository Center as of the end of trading prior to the Ordinary General Meeting day, and as per the rules and regulations. |
| Quorum for Convening the General Assembly's Meeting | 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. |
| General Assembly Meeting Agenda | 1- Vote to approve the report of the Board of Directors for the financial year ending 31/12/2019. |
2- Vote to approve the External Statutory Auditors Report for the financial year ending 31/12/2019.
3- Vote to approve the audited consolidated financial statements of the company for the financial year ending 31/12/2019.
4- 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 31/12/2019.
5- 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 31/12/2020 and the first quarter of 2021.
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.