IssuerAnnouncementDetailsV2Portlet
Actions
Munawla Cargo Co. Announces the Results of the Extraordinary General Assembly Meeting, ( First Meeting )
| Element List | Explanation |
|---|---|
| Introduction | The Shipping Handling Company announces to its shareholders the results of the extraordinary general assembly meeting (first meeting), which was held at 19:00 pm on Wednesday 29 Jumada al-Thani 1445 AH corresponding to December 13 2023 AD at the company’s main headquarters located in Dammam, 5012 King Khalid Road 8166. Al Rabie District 32241, through modern technological means, using the Tadawulati service; This is after the legal quorum is reached for the assembly to be held |
| City and Location of the General Assembly's Meeting | At the company’s main headquarters located in Dammam, 5012 King Khalid Road 8166, Al Rabie District 32241, through modern technological means. |
| Date of the General Assembly's Meeting | 2023-12-13 Corresponding to 1445-05-29 |
| Time of the General Assembly's Meeting | 19:00 |
| Percentage of Attending Shareholders | 85.30% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | 1- Mr. Khaled Muhammad Saqr Al-Saqir - Chairman of the Board of Directors. 2- Mr. Ali Abdullah Muhammad Al-Habdan - Vice Chairman of the Board of Directors and CEO 3- Mr. Abdullah Ali Abdullah Al-Habdan - Member of the Board of Directors 4- Mr. Abdul Salam Khaled Muhammad Al-Suqair - Member of the Board of Directors. He was absent from attendance 1- Mr. Abdul Rahman Muhammad Saleh Al-Misnad - Member of the Board of Directors. |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | Mr. Walid Khaled Al-Eidan - Chairman of the Audit Committee. |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. Approval of amending Article (2) of the company’s bylaws related to the company’s name 2. Approval of amending Article (3) of the company’s bylaws related to the company’s purposes. (attached) 3. Approval of adding an article to the company’s bylaws No. (13) related to (the company’s purchase, sale, and mortgage of its shares) 4. Approval of adding an article to the company’s bylaws No. (14) related to (debt instruments and financing instruments) 5. Approval of amending the company’s bylaws in accordance with the new companies’ bylaws and rearranging the articles of the bylaws and numbering them to be consistent with the proposed amendments 6. Approval of the remuneration policy for members of the Board of Directors and the committees emanating from the Board of Directors and Executive Management 7. Approval of the policy, standards and procedures for membership in the Board of Directors 8. Approval of the work regulations of the Board of Directors 9. Approval of the governance regulations 10. Approval of the audit committee’s work regulations |
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.
Share
Company Performance
Key Parameters
Last Price 43.62
Net Change 0.0 (0.0%)
Value Traded (Sar) 44.9
Volume Traded 1
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions