Advanced Petrochemical Company announces to its shareholders the start of electronic voting for its 6th Extraordinary General Assembly Meeting (First Meeting) that will take place in Dammam at Advanced Head Office (Gulf Road Dammam Corniche - SAMEC Building fifth floor) on July 28, 2016 corresponding to 23-10-1437 H at 06:30 P.M to vote the following agenda:
1. To vote on the recommendation of the Board of Directors to increase the Companys share capital. (Simple voting system)
2. To vote for the election of the members of the Board of Directors for new term. (Cumulative voting system)
Shareholders who are registered in Tadawulaty services portal can vote online starting from 10:00 a.m. Thursday July 21, 2016 corresponding to 16-10-1437H until 11:00 a.m. Wednesday July 27, 2016 corresponding to 22-10-1437H.
Accordingly, we are inviting all the shareholders who are not able to attend to the venue of the General Assembly into electronic voting and vote online through their investment accounts in the brokerage firms directly or by visiting Tadawulaty web page www.tadawulaty.com.sa which provides free registration and voting services free of charge for all shareholders.
As this is the first time that we will use the method of cumulative voting for the election of the Board of Directors, hence, we are pleased to serve the shareholders to answer all their inquiries through Shareholders affairs Contact details: Tel: 013-3566061 or email: Shares@advancedpetrochem.com
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.