Al Abdullatif Industrial Investment Co. Announces Calling Candidature for Board Members Elections
| Element List | Explanation |
|---|---|
| Introduction | Abdullatif Industrial Investment Company (the Company) is pleased to announce to its respected shareholders the nomination opening for the membership of its board of directors in its new term commencing 22 January 2022 for a three-year term ending on 22 January 2025. |
The nomination process will be in accordance with the provisions of the Saudi Companies Law and its implementing regulations issued by the Ministry of Commerce and the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the company's bylaws and the company’s policies, standards and procedures for membership in the Board of Directors approved by the assembly general meeting.
Every shareholder has the right to nominate himself for membership of the Board of Directors, in accordance with his ownership in the company’s capital and the regulations issued by the competent authorities. The nominee is requested to submit his nomination application during the specified period for nomination and in accordance with the conditions and controls mentioned above along with controls and forms attached hereto.
The new board will be elected for the new session during the next general assembly meeting, which will be announced according to the related procedures and after obtaining the necessary approvals from the competent authorities to hold the meeting. Voting in the general assembly that will elect the members for the new session using cumulative voting will be limited to those who nominated themselves according to the controls and criteria and per the forms used for the nomination.
1. Hand-handled delivery at the company's headquarters with confirmation of receipt by the company.
2. The company's address on Wasel , building no. (9155) Riyadh (14334) additional no. (4285) to arrive the company before the date (22/01/2025)
Third: e-mail:
-/(THikra@carpets.com )
-/ ( Saad@carpets.com)
With the need to send assets to the company address
For inquiries, you can call ( 011265888) Ext. (290), (289) or (322)
With the Nominee to kindly:
1. Submit a signed application for board membership (attached).
2. Submit a CV Form (1) filled out in both Arabic and English (attached)
3. Submit a filled and signed copy of form No. (3) issued by the Capital Market Authority for nomination to membership of the Board of Directors (attached) the form could be downloaded from CMA website through the link:
https://cma.org.sa/RulesRegulations/FormsSite/Pages/default.aspx
4.: Share a clear copy of the personal identity card, the family identity card and passport copy for individuals, and the commercial registration for companies.
5. Ensure all forms are completed and signed by the nominee, as incomplete applications will not be considered.
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.