Investor Relationship
In line with the Kingdom’s Vision 2030 AD, and our project to build a human being, we believe in the importance of preserving the Arab spirit and cultural values that distinguish us as a people, and at the same time we realize that development and progress are necessary to interact with the modern world and the future.
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Al-Khaleej Training and Education Company is pleased to invite the shareholders to participate and vote in the Extraordinary General Assembly meeting (the first meeting), which is scheduled to be held, God willing, at 6:30 pm on Monday 01/12/1444 AH corresponding to 19/06/2023 AD through modern technology means Remote using Tadawulaty system. |
| City and Location of the General Assembly’s Meeting | At the company’s main headquarters on Street No. 64, intersecting east with Al Olaya Street, Building No. 9, in Al Olaya District, in Riyadh, through modern technology and my trading system.
www.tadawulaty.com.sa |
| URL for the Meeting Location | https://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 | 18:30 |
| Attendance Eligibility | Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. |
| Quorum for Convening the General Assembly’s Meeting | The Extraordinary General Assembly is valid if attended by shareholders representing at least 50% of the Company’s capital. If the necessary quorum is not available to hold this meeting, a second meeting will be held an hour after the end of the period specified for convening the first meeting. The second meeting will be valid if attended by shareholders representing at least a quarter of the Company’s capital. |
| General Assembly Meeting Agenda | 1. Reviewing and discussing the company’s financial statements for the fiscal year ending on 31/12/2022
2. To vote on the company’s auditor’s report for the fiscal year ending on 31/12/2022 3. Reviewing and discussing the report of the company’s board of directors for the fiscal year ending on 31/12/2022 4. To vote on appointing the company’s auditor 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, third ) and annual quarters of the fiscal year 2023 AD and the first quarter of the fiscal year 2024 AD and determine his fees. 5. Vote on the Board of Directors’ recommendation not to distribute cash dividends to shareholders for the fiscal year ending on 31/12/2022 6. Vote to absolve the members of the company’s board of directors from liability for the fiscal year ending on 31/12/2022 7. To vote on disbursing 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. To vote on amending the company’s bylaws in line with the new companies’ bylaws. (attached) 9. To vote on amending Article (3) of the company’s bylaws, which is related to the company’s objectives. (attached) 10. To vote on rearranging 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. (attached) 11. To vote on delegating the Board of Directors with the powers of the Ordinary General Assembly with the authorization contained in Paragraphs (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 of the corporate law for listed joint stock companies 12. To vote on amending the audit committee work regulations (attached). 13. Voting on amending the Nominations and Remuneration Committee’s bylaws (attached) 14. To vote on amending the list of conditions and criteria for membership in the Board of Directors (attached) 15. To vote on amending the policy for remuneration of the Board of Directors, its committees and the executive management (attached) 16. To vote on amending the list of controls and criteria for participation in businesses competing with the company’s business (attached) |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right. (Mentioning the E-Voting details, if any) | The honorable shareholders registered on the Tadawulaty services website will be able to vote remotely on the agenda items of the assembly, starting from One O’clock in the morning on Thursday 26/11/1444 AH corresponding to 15/06/2023 AD until the end of the time of the assembly. Note that registration and voting in Tadawulaty services are available for free to all shareholders using the following link: https://tadawulaty.com.sa |
| Eligibility for Attendance Registration and Voting | Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes |
| Method of Communication | 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 |
| Attached Documents | |
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.
