The Extraordinary General Assembly Meeting was held in the Riyadh Holiday Inn Al Izdehar Hotel, Al Lula'ah Hall on 19/11/2011 at 6:00 PM and the shareholders approved all items on the agenda as follows:
1-Amendment of Item (11) of Article (3) of the Companys Bylaw concerning the Objective of the Company.
2-Amendment of Article (8) of the Companys Bylaw concerning bonds issuance.
3-Approval for the issuance of Sukuk in compliance with the provisions of Islamic law, whether in part or several parts through the issuance of one or a series of issuances from time to time, with the amounts and terms set by the Company as per the Board of Directors approval without referring to the General Assembly of shareholders on this matter.
4-Authorized the Board of Directors to take all necessary measures to issue such Sukuk, once the necessary approvals from the relevant authorities have been received. The Board may delegate any or all of its authorization, as per the resolutions stated above, to any person or persons who may then also delegate this authorization.
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