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Al Khaleej Training and Education Company announces the results of the Extraordinary General Assembly meeting (the second meeting)

 

Element List Explanation
Introduction The Board of Directors of Al Khaleej Training and Education Company is pleased to announce the results of the Extraordinary General Assembly meeting (the second meeting), which was held at (7:30) in the evening of Tuesday 01/12/1444 corresponding to 19/06/2023 through modern technology using a system my trades,
City and Location of the General Assembly’s Meeting In Riyadh, through modern technology and my trading system

www.tadawulaty.com.sa

Date of the General Assembly’s Meeting 2023-06-19 Corresponding to 1444-12-01
Time of the General Assembly’s Meeting 19:30
Percentage of Attending Shareholders ( 28.84 % )
Names of the Board of Directors’ Members Present at the General Assembly’s Meeting and Names of the Absentees Members of the Board of Directors attended the meeting: –

1. Mr. Abdul Aziz bin Rashid Abdul Rahman Al-Rashed – Chairman of the Board of Directors

2. Mr. Ahmed bin Ali Ahmed Al-Shadawi- Deputy Chairman of the Council

3. Dr. Ali bin Abdul Khaleq Abdul Rahman Al-Qarni

4. Dr. Abdullah bin Sagheer Muhammad Al-Hussaini

5. Mr. Abdul Malik bin Abdul Rahman Al Sheikh

6. Mr. Abdullah bin Muhammad Suleiman Jabrin

7. Eng. Al-Weeded Bin Abdul Razzaq Al-Dryaan

Names of the Chairmen of the Committees Present at the General Assembly’s Meeting or Members of such Committees Attending on Their Behalf he heads of the committees attended the meeting:

1. Dr. / Ali bin Abdul-Khaleq Abdul Rahman Al-Qarni – Chairman of the Governance and Social Responsibility Committee

2. Dr. Abdullah bin Sagheer Muhammad Al-Hussaini – Chairman of the Audit Committee

3. Mr. Abdul Malik Bin Abdul Rahman Al Al Sheikh – Chairman of the Nominations and Remuneration Committee

Voting Results on the Items of the General Assembly’s Meeting Agenda’s 1. Seen on the report of the Board of Directors of the company for the fiscal year ending on 31/12/2022 and discussed it.

2. Approval of the company’s auditor’s report for the fiscal year ending on 31/12/2022.

3. Seen the report of the company’s board of directors for the fiscal year ending on 31/12/2022 and discussed.

4. Approval of the appointment of Baker Tilly MKM & Partners, chartered accountants, as an auditor for the company from among the candidates, based on the recommendation of the Audit Committee, in order to examine, review and audit the financial statements for the (second and third) and annual quarters of the fiscal year 2023 and the first quarter of the fiscal year 2024, and determine his fees.

5. Approval of the Board of Directors’ recommendation not to distribute cash dividends to shareholders for the fiscal year ending on 31/12/2022.

6. Approval of absolve the members of the company’s board of directors from liability for the fiscal year ending on 31/12/2022.

7. Approval of the disbursement of an amount of (800,000) eight hundred thousand riyals as a reward for the members of the Board of Directors of the company for the fiscal year ending on 31/12/2022

8. Approval of the amendment of the company’s bylaws in line with the new companies’ bylaws.

9. Approval of the amendment of Article (3) of the company’s articles of association, which is related to the company’s objectives.

10. Approval of re-arranging and naming the articles of the company’s articles of association and numbering them to comply with the proposed amendments in the above items, if approved.

11. Approval of the delegation of the Board of Directors with the powers of the Ordinary General Assembly, with the authorization contained in Paragraph (1) of Article 27 of the Companies Law, for a period of one year from the date of approval by the General Assembly or until the end of the session of the delegated Board of Directors, whichever is earlier, in accordance with the conditions stipulated in the executive regulations. The corporate system for listed joint stock companies

12. Approval of amending the audit committee work regulations.

13. Approval of amending the work regulations of the Nominations and Remuneration Committee.

14. Approval of amending the list of conditions and criteria for membership in the Board of Directors.

15. Approval of amending the policy for remuneration of the Board of Directors, its committees and the executive management.

16. Approval of the amendment of the regulations and criteria for participation in businesses competing with the company’s business.

Additional Information For any further enquiries or information please contact our shareholder’s relationship department on phone number 0114623260 ,

or by e-mail: adel-amin@alkhaleej.com.sa

 

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