Ordinary General Assembly meeting to discuss the agenda items of the Ordinary General Assemb
the meeting was held at the company’s headquarters in Jeddah on Monday, 08/06/1446H, corresponding to 09/12/2024, at 10:00 a.m
The meeting was chaired by Dr. Fahd Farouk Hakim, Chairman of the Board
who announced that the required quorum for the validity of the General Assembly meeting was met
with shareholders representing 50,000 shares, constituting 100% of the company’s total capital of 50,000 share
Therefore, the assembly was deemed valid in accordance with Article (92) of the Companies Law. Ms. Ruba Jaradi
was appointed as the Secretary of the Assembl
The Chairman then requested the Secretary to read out the agenda items
Following this, the Chairman opened the floor for discussion and asked the shareholders to vote on the agenda items
The voting results were as follows
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items
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Number of shares
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Ratio
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Decisions
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Agree
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Disagree
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1
·
·
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·
· · |
Voting on the unaudited financial results for the third quarter of 2024 · Total revenues for the third quarter amounted to 80,326.09 Riyals, compared to 17,500 Riyals in the previous quarter and an increase of 359.01%. · Total expenses for the third quarter amounted to 89,009.59 Riyals, compared to 49,828.15 Riyals for the previous quarter and an increase of 78.63%. · Total assets for the third quarter amounted to 493,657.70 Riyals, compared to 568,746 Riyals for the previous quarter and a decrease of -13.20%. · Net income for the third quarter amounted to a loss of -8,683.50 Riyals, compared to a loss of -32,328.12 Riyals for the previous quarter and a decrease of -73.14%. · There are no obligations at the end of the third quarter. · Owners' equity for the third quarter amounted to 493,657.68 compared to 551,841.18 Riyals from the previous quarter and a decrease of -10.54%.
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50000 |
100% |
√ |
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2
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Absolving the members of the board of directors from the financial period ending on 30/9/2024.
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1000
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2%
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√
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The meeting concluded at 10:30 AM, where the chairman of the assembly thanked all attendees for their participation and presence at this meeting
chairman of the assembly: secretary of the assembly:
Name :Dr. Fahd Farouk Hakim Name: Ruba Jaradi