Amwaj International Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Amwaj International Company is pleased to announce to its shareholders the results of the Ordinary General Assembly Meeting (First Meeting), which was held in person at the Company’s head office in Riyadh and via modern technology means at 18:30 on Sunday 09/04/1448H, corresponding to 20/09/2026G. |
| City and Location of the General Assembly's Meeting | The company's administrative headquarters (Riyadh - Olaya District - Al-Orouba Road) via modern technology means. |
| Date of the General Assembly's Meeting | 2026-09-20 Corresponding to 1448-04-09 |
| Time of the General Assembly’s Meeting | 18:30 |
| Percentage of Attending Shareholders | 87.5% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | 1. Mr. Fayez Abdulwadood Khattab The following members apologized for not being able to attend: 1. Mr. Badr bin Ghormallah Al-Zahrani (Chairman of the Board) 2. Mr. Mazen bin Ghormallah Al-Zahrani (Vice Chairman of the Board) 3. Mr. Ahmed Saeed Al-Ghamdi |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | Mr. Fayez Abdul-Wadud Khattab (Chairman of Audit Committee) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's (Including a detailed breakdown for each resolution, of the percentage of votes cast in approval, non-approval, and abstentions) | 1- The Board of Directors’ report for the fiscal year ended 31 December 2025G was reviewed and discussed. 2- The financial statements for the fiscal year ended 31 December 2025G were reviewed and discussed. 3- Approval of the external auditor’s report for the fiscal year ended 31 December 2025G, after discussion. 4- Approval of the appointment Dr. Mohamed Al-Amri & Co. (BDO) as the Company’s external auditor from among the candidates, based on the Audit Committee’s recommendation, to examine, review and audit the financial statements for the period ending 30 June 2026G and the fiscal year ending 31 December 2026G, and to determine its fees at a total amount of SAR 375,000 Saudi Riyals. 5- Approval of authorizing the Board of Directors with the powers of the Ordinary General Assembly regarding the license set out in Paragraph (1) of Article (27) of the Companies Law, for one year from the date of the General Assembly’s approval or until the end of the term of the authorized Board, whichever is earlier, in accordance with the conditions set out in the Implementing Regulations of the Companies Law for Listed Joint Stock Companies. |
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