IssuerAnnouncementDetailsV2Portlet
The Saudi Investment Bank invites its Shareholders to attend the Ordinary General Assembly Meeting by Means of Modern Technology (First Meeting)
Element List | Explanation |
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Introduction | The Board of Directors of the Saudi Investment Bank is pleased to invite its shareholders to participate and vote in the Ordinary General Assembly meeting (First Meeting) which scheduled to be held at 7:30 PM on Wednesday 12/02/2025 corresponding to 13/08/1446, by means of modern technology. |
City and Location of the General Assembly's Meeting | Headquarters of the Bank, King Saud Road, Riyadh (by means of modern technology). |
Hyperlink of the Meeting Location | Click Here |
Date of the General Assembly's Meeting | 2025-02-12 Corresponding to 1446-08-13 |
Time of the General Assembly’s Meeting | 19:30 |
Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
Attendance Eligibility, Registration Eligibility, and Voting End | Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee. |
Quorum for Convening the General Assembly's Meeting | According to Article (31) of the Bank’s bylaws, a meeting of the Ordinary General Assembly shall be valid only if attended by Shareholders representing at least 25% of the Bank’s capital. If such quorum is not attained at the first meeting, a second meeting will be held within one hour of the first meeting. The second meeting will be valid regardless of the number of shares represented therein. |
General Assembly Meeting Agenda | Attached |
Proxy Form | ![]() |
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Eligibility for registering the attendance of the General Assembly’s meeting ends upon the convenience of the General Assembly’s meeting, and eligibility for voting on the meeting agenda items for shareholders who attend ends upon the counting committee concludes counting the votes, also the attending shareholders have the right to discuss the agenda and raise questions. |
Details of the electronic voting on the Assembly’s agenda | Shareholders registered in Tadawulaty system will be able to vote remotely on the Ordinary General Assembly agenda items starting at 1:00 am on Saturday, 08/02/2025 corresponding to 09/08/1446, and will end once the Assembly meeting is ended. Tadawulaty registration and voting on the Ordinary General Assembly agenda items is free of charge and available to all shareholders, via the Tadawulaty website www.tadawulaty.com.sa |
Method of Communication in Case of Any Enquiries | For any inquiries, please contact the Shareholders Affairs Department Tel 0118743000 during official hours, and you can address any inquiries to the Shareholders affairs on the email: shareholders@saib.com.sa |
Additional Information | Please be advised that the General Assembly meeting will broadcast live through the link available on Tadawulaty. Questions and inquires during the General Assembly meeting, will be available through immediate text messages (via application) or contacting Shareholders Affairs via Tel 0118743000 or email: shareholders@saib.com.sa |
Attached Documents | ![]() ![]() |
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.