Etihad Atheeb Telecommunication Co. (GO) Announces Calling Candidature for Board Members Elections (Fifth Session)
03/07/2023
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Etihad Atheeb Telecommunication Co. (GO) is pleased to invite its valuable shareholders to participate and vote in the 15th Extraordinary General Assembly meeting (First meeting), which is scheduled to be held, at 07:00 pm on Wednesday 07/02/1445 AH corresponding to 23/08/2023 AD in Riyadh at the company’s headquarters through modern technology (Remotely). |
| City and Location of the General Assembly's Meeting | The company's headquarters in Riyadh - using modern technology (remotely) |
| URL for the Meeting Location | http://www.tadawulaty.com.sa |
| Date of the General Assembly's Meeting | 2023-08-23 Corresponding to 1445-02-07 |
| Time of the General Assembly's Meeting | 19:00 |
| Attendance Eligibility | Shareholders registered at the depository center at the end of the trading session preceding the general assembly meeting according to the rules and regulations. |
| Quorum for Convening the General Assembly's Meeting | According to Article 32 of the Company Bylaws: The Extraordinary General Assembly meeting shall not be valid unless attended by shareholders representing 50% of the company capital. If this quorum is not available at the first meeting, the second meeting may be held an hour after the end of the specified period for the first meeting, the second meeting is valid if attended by a number of shareholders representing at least 25% of the capital. |
| General Assembly Meeting Agenda | 1. Review and discuss the Board of Directors Report for the fiscal year ending on 31/03/2023 (attached). 2. Voting on the auditors’ report for the fiscal year ending on 31/03/2023 (attached). 3. Review and discuss the financial statements for the fiscal year ending 31/03/2023 (attached). 4. Voting on the appointment of the company’s auditor from among the candidates based on the recommendation of the Audit Committee, to examine, review, and audit the financial statements for the (second, and third) quarters and annually of the fiscal year 2023/2024 and the first quarter of the fiscal year 2024/2025, and determine their fees (attached). 5. Vote to disburse an amount of 2,104,255 riyals as a bonus to the members of the Board of Directors for the fiscal year ending on 03/31/2023 AD (attached). 6. Voting on the Board of Director’s recommendation to appoint a representative of the Bahrain Telecommunications Company (Batelco) Mr. Maitham Abdulla Ashoor Hasan (Non-Executive) to the Board of Directors starting from 01/03/2022 AD to complete the Board’s term until the end of the current session on 25/10/2023 replacing the previous member Mr. Faisal Mohd Nazih Qamhiyah (Non-Executive). (CV attached). 7. Voting on the business and contracts that will take place between the company and the Bahrain Telecommunications Company (Batelco) represented by the two Board members Mr. Maitham Abdulla Ashoor Hasan and Mr. Isa Abbas Alsabaea, who have an indirect interest in it. The contract is about passing and transferring the traffic of mutual international calls. Between the two companies and without any preferential advantages. Note that the transactions for the previous year are a debit of 670,582 Saudi riyals (attached). 8. Voting on amending Article (3) of the company’s bylaw’ related to Company purposes. (attached). 9. Voting on amending Article (22) of the company’s bylaw’ related to Authorities of the Chairperson, Vice Chairperson, and Secretary. (attached). 10. Voting on amending the company’s bylaws in accordance with the new companies’ bylaws, to rearrange and numbering the articles of the bylaws; to comply with the proposed modifications. (attached). |
| Proxy Form | Click Here |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right. (Mentioning the E-Voting details, if any) | Shareholders registered in the tadawulaty services will be able to vote remotely on the assembly’s items, starting at 01:00 AM on Monday 05-02-1445 AH corresponding to 21-08-2023 AD until the end of the assembly. The contributor has the right to discuss the topics on the assembly's agenda and ask questions. Registration and voting in tadawulaty Services will be available and free of charge to all shareholders using the following link: www.tadawulaty.com.sa |
| Eligibility for Attendance Registration and Voting | Eligibility for Attendance Registration and Voting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes |
| Method of Communication | In the event of any inquiries, we hope to contact the Investor Relations Department during official working hours: Tel: 0115111100 Mobile No: 0547478233 Fax No: 08111467100 E-Mail: a.almishari@go.com.sa |
| Attached Documents | file 1 file 2 file 3 |
