IssuerAnnouncementDetailsV2Portlet

Actions

BUPA ARABIA FOR COOPERATIVE INSURANCE ANNOUNCES THE RESULTS OF THE SIXTH ORDINARY GENERAL MEETING ASSEMBLY

8210
BUPA ARABIA
0.08 %
1434/06/03     13/04/2013 10:02:29

Bupa Arabia for Cooperative Insurance announces the results of the sixth ordinary general assembly meeting to its shareholders which was held on Wednesday 29 Jumaada Al-Awal 1434H, corresponding to 10 April 2013G at 04:00 pm at the Elaf Hotel, Red Sea Mall Jeddah , under the Chairmanship of Chairman of the Board Eng. Loay Hisham Nazer and reached an attendance of (58.55%) of the total shares of the company's 40 million shares pursuant to article 91 of the Ministry of Commerce regulations and article 32 of the companys By-Laws. The agenda was thoroughly discussed and the results were a unanimous approval of the following:

Resolution (1): Approve the Board of Directors Report for the year ended 31/12/2012 G.

Resolution (2): Approve the Annual Financial Statements and the Auditors Report for the year ended 31/12/2012 G.

Resolution (3): Selection and Appointment of the external auditors as Ernst & Young and Deloitte & Touche to audit the companys accounts for the year ending 2013, and set the external auditors fees based on the Audit Committees recommendation.

Resolution (4): Approve the appointment of the new Board members representing the foreign shareholder:

1)Mr. Ignacio Peralta Gracia (non-Executive Member) replacing Mr. Dean Alan Holden,

2)Mr. James Gordon Wheaton (non-Executive Member) replacing Mr. Ignacio Ereno Iribarren,

3)Mrs. Elizabeth Alison Platt (non-Executive Member) replacing Mr. William Steven Ward,

(to be continue)

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.

Company Performance

BUPA ARABIA
Add To Watchlist
In your Watchlist
Add To Watchlist
Key Parameters
Last Price 244.0
Net Change 0.2 (+0.08%)
Value Traded (Sar) 17,550,974.2
Volume Traded 71,845
See The Company Profile

LoginPortletPopupv2

Actions

AddtoWatchlistv2

Actions

Add to watchlist