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The Savola Group Announces the Results of the Extraordinary General Assembly Meeting No. (33) (First Meeting)

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Introduction The Savola Group Board is pleased to announce the results of the Extraordinary General Assembly Meeting no. (33) which was held on Wednesday 28th April 2021 corresponding to 16th Ramadan 1442H (Umm Al Qura Calendar) at 10 PM after reaching the EGM legal quorum as per the Company’s bylaws.
City and Location of the General Assembly's Meeting At Savola’s Headquarters in Jeddah, Al-Shati District – Savola Tower, which was held virtually via modern technological means.
Date of the General Assembly's Meeting 2021-04-28 Corresponding to 1442-09-16
Time of the General Assembly's Meeting 22:00
Percentage of Attending Shareholders 64.43
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees All Board Members attended the meeting as follow:

1-Mr. Sulaiman A. Al Muhaidib (Chairman of the Board)

2-Mr. Bader A. Alissa (Vice Chairman of the Board)

3-Dr. Adnan A. Soufi

4-Mr. Abdulaziz K. Al Ghufaily

5-Mr. Essam A. Al Muhaidib

6-Eng. Mutaz Q. Alazzawi

7-Mr. Mohammed I. Alissa

8-Mr. Fahad A. Al Kassim

9-Mr. Abdulrahman M. Addas

10-Mr. Bader H. Al Rabiah

11-Mr. Rakan A. AlFadl

The meeting was also attended by Mr. Waleed Khalid Fatani, Savola Group CEO

Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf All Committees’ Chairmen attended the meeting as follow:

1-Mr. Fahad A. Al Kassim (Audit Committee Chairman)

2-Mr. Rakan A. AlFadl (Remuneration and Nomination Committee Chairman)

3-Eng. Mutaz Q. Alazzawi (Investment Committee Chairman)

Voting Results on the Items of the General Assembly's Meeting Agenda's The EGM approved all agenda items as per the attachment.
Attached Documents  

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.

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