Zahrah Al Waha Trading Company Announces the starting date of electronic voting on the Ordinary General Assembly Meeting Agenda (First Meeting)

Zahrah Al-Waha Trading Company Announces the starting date of electronic voting on the Ordinary General Assembly Meeting Agenda (First Meeting)

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Zahrah Al-Waha Trading Company is pleased to notify the Company’s shareholders that they can vote remotely on the Ordinary General Meeting Agenda items, which will be held at 6:30 PM on Monday 08-11-2021, corresponding to 03-04-1443, remotely through contemporary technology. This is within the support of the preventive and precautionary efforts and measures by the competent health authorities to address the emerging corona virus (COVID-19), and as an extension of the continuous efforts made by all government agencies in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread.

Please note that shareholders registered on Tadawulaty services can start voting remotely starting from 10:00 AM on Thursday 04-11-2021 corresponding to 29-03-1443H and will continue until 7:00 PM on the day of the meeting Monday, 08-11-2021, corresponding to 03-04-1443H.

knowing that registering for voting service is available free of charge to all the company’s shareholders, at the following link: www.tadawulaty.com.sa

Zahrat Al Waha for Trading Co announces the renewal of the credit facilities agreement that is in line with the Sharia regulations with the Saudi Investment Bank

Zahrat Al Waha for Trading Co. announces the renewal of the credit facilities agreement that is in line with the Sharia regulations with the Saudi Investment Bank

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Agreement renewal date: 02-11-2021 Corresponding to 27-03-1443

Agreement amount: 67,560,587.67 SR

Agreement duration: from 02-11-2021 to 31-07-2022

Guarantees offered for the agreement: Order Notes by the company with the total value of the facilities.

Agreement objective: To purchase and import raw materials required for manufacturing activity, and to purchase and import machines and injection molds to finance capital expansions

Related Parties: There are no related parties.

Additional Information: The limit for opening short-term credits and facilities was renewed to finance working capital with the same value of 60,000,000 SR. The limit for the facilities to purchase machinery and equipment has been renewed and reduced from 15,560,700 SR to 7,560,587.76 SR as a result of payments.

Zahrat Al Waha Trading Company announces the invitation of its shareholders to attend the Ordinary General Assembly meeting (the first meeting) remotely Through Contemporary Technology

Zahrat Al Waha Trading Company announces the invitation of its shareholders to attend the Ordinary General Assembly meeting (the first meeting) remotely Through Contemporary Technology.

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Introduction

The Board of Directors of Zahrat Al Waha Trading Company is pleased to invite the shareholders of the company to attend the Ordinary General Assembly meeting (the first meeting) remotely through contemporary technology. This is within the support of the preventive and precautionary efforts and measures by the competent health authorities to address the emerging corona virus (COVID-19), and as an extension of the continuous efforts made by all government agencies in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread, which is scheduled to be held, from the Company’s office in Riyadh, Rabwah District, Al-Ahsa Street, Building No. 7449, Unit No. 1, At 06:30 pm on Monday 08/11/2021, corresponding to 03/04/1443H.

Attendance Eligibility to Shareholders Registered in the Issuer’s Shareholders Registry in the Securities Depository Center Company (Edaa) at the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations.

The Ordinary General Meeting will be Quorum by the attendance of at least 25% of the company shares, if Quorum not completed in the first meeting, the second meeting will be held one hour after the specified time of the first meeting, Second Meeting will be quorum by the attendance of any numbers of the company shares.

General Assembly Meeting Agenda

  • Voting for election of the Board of Directors members from among the candidates for the term, commencing from 26-12-2021 to 25-12-2024. for a term of three years, ending, (Candidates’ CVs attached).
  • Voting on forming the Audit committee for the next session, determining its tasks, work procedures, remuneration for its members, and their membership period, which starts 26-12-2021 to 25-12-2024. and its duration is three years, noting that the candidates (whose CVs are attached) are:
  • 1
    Mr. Taha Mohammed Abd Al Wahid Azhari (Independent Member of BOD)
  • 2
    Mr. Ahmed Khedr Mohammed Harara (Member from out of BOD)
  • 3
    Mr. Meshaal Mohammed Almogren (Member from out of BOD)

E-Vote

The shareholders who are registered on Tadawulaty electronic services can remotely vote on the items of the meeting. The remote voting will start at 10 am on Thursday 04/11/2021 corresponding to 29/03/1443H and shall continue until the end of General Assembly meeting. Please note that registration in Tadawulaty service and voting is provided free of charge for all shareholders through the following link: www.tadawulaty.com.sa

Eligibility for Attendance Registration and Voting

The right to attend the meeting ends upon the start time of the meeting, and the right to vote ends once the counting committee concludes counting the votes.

Method of Communication

For any inquiries, please contact the Investor Relations Official through:
Phone: 920021203 – Ext. 304
Fax: 0112111703
Email: abd.almohsen@zaoasis.com
Postal address: Postal code 12814 – Additional number 2980 Riyadh

Attachments

CV of the members of the board of directors
CV of the audit committee members
Audit Committee regulation
Rewards policy
Proxy