The board of directors forAsh-Sharqiyah Development Cois pleased to invite their shareholders owning 20 shares or more to attend the ordinary general assembly Meeting to be held in the Headquarter Office - Dammam-Clock Tower 6. Floor -Office 605) King Khalid Street - Al-Nakheel District at 06:00 PM on 11/07/1437 corresponding to 18/04/2016 at 18:00 to consider the following agenda:1-Vote on Report of Board Directors for the period ended 31/12/2015.2-Vote on the financial statements and the profit and loss accounts of the Company for the period ended 31/12/205.3-Vote on the Auditors Report for the fiscal year ended 31/12/2015.4-Vote on discharge of the Board of Directors for year ended 31/12/2015.5-Vote on election of the External Auditors who will audit the banks interim and annual financial statements and accounts for 2016 based on the Audit Committees recommendation and endorse the proposed Auditors remuneration.6-Vote on Board Directors decision of assign Mr. Ziyad Ahmed Mohammed Alrahmah as a board member (Independent) instead of Dr. Mahdi Ali Mahdi Al Sulaiman due to his resignation dated 11/03/2016.The quorum necessary for the meeting to be in session should be attended by the shareholders representing 50% of the companys capital. Each shareholder owning 20 shares or more shall have the right to attend the general assembly meeting whether in person or by proxy, subject to presentation of corroborating evidence or a written power of attorney endorsed by the chamber of commerce bank or the employer authorizing another shareholder other than the member of the board of directors or employees of the company to attend the general assembly meeting on their behalf and it should be sent to P.O.Box 7118Dammam31462 attention to shareholders affairs prior 3 day of the meeting with the need to bring the shareholders meeting (in person or agency) their ID cards. For any inquiry please call to Shareholders affairs on Tel 013-8099439 - Ext 44
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