Raoom Trading Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Extraordinary General Assembly Meeting
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Raoum Company is pleased to invite the shareholders to participate and vote in the extraordinary general assembly meeting (The first meeting), which is scheduled to be held, God willing, at 6:30 pm on Tuesday 15/11/1443 AH. Corresponding to 06/14/2022 AD by means of modern technology |
| City and Location of the General Assembly's Meeting | Qassim - Buraidah through modern technology |
| URL for the Meeting Location | https://us05web.zoom.us/j/87324749828?pwd=bW1DZHRNcWxKdTFXc1pOZUpiZGw2QT09 |
| Date of the General Assembly's Meeting | 2022-06-14 Corresponding to 1443-11-15 |
| Time of the General Assembly's Meeting | 18:30 |
| Attendance Eligibility | Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations |
| Quorum for Convening the General Assembly's Meeting | The Extraordinary General Assembly meeting is valid if attended by shareholders representing at least half of the capital |
| General Assembly Meeting Agenda | Vote on the Board of Directors’ report for the fiscal year ending on December 31, 2021 AD 2) Vote on the company’s auditor’s report for the fiscal year ending on December 31, 2021 AD 3) Voting on the financial statements for the fiscal year ending on December 31, 2021 AD 4) Vote to absolve the members of the Board of Directors from liability for the fiscal year ending on December 31, 2021 AD 5) vote on the appointment of the company's auditor from among the candidates on the recommendation of the Audit Committee; This is for examining, reviewing and auditing the financial statements for the fiscal year 2022 AD, for the first and annual half of the fiscal year 2022 from 2023 AD, and determining its fees. Vote on the Board of Directors’ recommendation to distribute cash dividends to shareholders for the second half of 2021 AD in the amount of 6,250,000 at (1.25 riyals and twenty-five halalas for each share, which represents 12.5% of the nominal value of one share, provided that the eligibility is for the shareholders who own the shares at the end of the trading day of the meeting Assembly 14/06/2022 AD and those registered in the company’s shareholders register with the Securities Depository Center Company (Tadawul) at the end of the second trading day following the due date (the dividend distribution date will be announced later) 7) Vote on the amendment of Article No. (2) of the company’s articles of association, the name of the company (Raoum Commercial Closed Joint Stock Company (Closed Joint Stock Company)) to (Raoum Commercial Joint Stock Company Listed) ((Listed Joint Stock Company / Public)) To vote on authorizing the Board of Directors to distribute interim cash dividends to shareholders on a semi-annual or quarterly basis for the fiscal year 2022 AD. 9 Vote for the election of members of the Board of Directors from among the candidates for the next session, which starts from 17-06-2022 AD and has a duration of three years, and ends on 16-06-2025 AD (CV attachment) 10_ Vote on the formation of the Audit Committee, determining its tasks, working controls, and remuneration of its members for the new session, starting from the date of 06/17/2022 AD until the end of the session on 06/16/2025 AD, noting that the candidates (attached with their resumes) are: 1- Saleh Abdullah Al-Arefi 2- Badr Hamad Al-Qadi 3- Sultan Ahmed Al-Shubaily |
| Proxy Form |  |
| E-Vote | Shareholders registered in the Tadawulati services will be able to vote electronically remotely on the items of the assembly starting from 0 on Saturday 11/11/1443 AH corresponding to 10/06/2022 AD until the end of the time of the assembly, and registration and voting in the trading services will be available and free for all shareholders |
| 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 | Email info@raoom.com.sa To contact the Shareholders Department In order to accept the inquiry, it is required to send a copy of the shareholder’s ID along with the inquiry sent |
| 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.