Saudi Automotive Services Company (SASCO) invites its shareholders to attend the ordinary general assembly meeting (first meeting) through modern technology
|Introduction||The Board of Directors of Saudi Automotive Services Company (SASCO) is pleased to invite the shareholders to attend the ordinary general assembly meeting (first meeting) scheduled, at 18:30 on Wednesday, June 16, 2021 by using modern technology means using the tadawulaty, in support of the preventive and precautionary efforts and measures by the relevant and competent authorities to address the emerging corona virus, and as an extension of the continuous efforts made by all competent authorities in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread.|
|City and Location of the General Assembly's Meeting||Headquarter of the company, located at the intersection of Al-Ahsa Street with Arbaeen Street - Al Zahraa District - in Riyadh, (through modern technology).|
|URL for the Meeting Location||www.tadawulaty.com.sa|
|Date of the General Assembly's Meeting||2021-06-16 Corresponding to 1442-11-06|
|Time of the General Assembly's Meeting||18:30|
|Attendance Eligibility||Each shareholder registered in the Securities Depository Center Company (Edaa) at the end of the trading session preceding the assembly meeting, electronic attendance registration and voting using tadawulaty according to the rules and regulations.|
|Quorum for Convening the General Assembly's Meeting||The quorum of holding ordinary general assembly meeting (first meeting) at least 25% of the capital, and in the event that the quorum required to hold the first meeting is not complete, the second meeting will be held an hour after the end of the period specified for the first meeting and the (second meeting) is valid whatever the number of shares represented in it.|
|General Assembly Meeting Agenda||As Attached File.|
|E-Vote||The shareholders can vote remotely on the agenda through the electronic voting service by visiting the website of tadawulaty www.tadawulaty.com.sa. Note that registration in the service and voting is available free of charge to all shareholders, electronic voting begins at (10:00 a.m.) on Sunday, June 13, 2021, until the end of the meeting.|
|Eligibility for Attendance Registration and Voting||Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes|
|Method of Communication||All the questions and inquiries of shareholders related to the AGM will be received starting from (10:00 a.m.) on Sunday, June 13, 2021, until the end of the meeting. |
Shareholders can contact the Investor Relations Department at 011-2068855 ext. 1113 or 1114 email: IR@sasco.com.sa.
The Capital Market Authority and the Saudi Stock 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.