| Element List | Explanation |
|---|---|
| Introduction | Fesh Fash snack food pro. co. announces the results of the Extraordinary General Assembly Meeting (First Meeting), which was held on Thursday evening 22/06/2023 AD corresponding to 04/12/1444 AH at 7:30 o’clock in the evening. |
| City and Location of the General Assembly’s Meeting | ON LINE |
| Date of the General Assembly’s Meeting | 2023-06-22 Corresponding to 1444-12-04 |
| Time of the General Assembly’s Meeting | 19:30 |
| Percentage of Attending Shareholders | 58.90991% |
| Names of the Board of Directors’ Members Present at the General Assembly’s Meeting and Names of the Absentees | Saud Mustafa Ibrahim AlNajidi chairman attended Faisal Hamad Abood Alhumaid, deputy chairman attended Najeeb Hamad ALHumaid Managing Director attended Ibrahim Adel Ibrahim AlNajidi Member attended Walid Ibrahim Suleiman AlMahous Member not attended Suleiman Walid AlMahous Member not attended |
| Names of the Chairmen of the Committees Present at the General Assembly’s Meeting or Members of such Committees Attending on Their Behalf | There were no committees for this meeting |
| Voting Results on the Items of the General Assembly’s Meeting Agenda’s | 1) Approved on the division of the company’s shares according to the following: • The nominal value of the share before split is (10) Saudi riyals • The nominal value of the share after split is (1) One Saudi riyal • Number of shares before split was 1,130,000 shares • Number of shares after split will be 11,300,000 shares • There is no change in the company’s capital before and after the stock split Effective date. Effective date: the decision will be effective for all the company’s shareholders who own shares on the day of the extraordinary general assembly and are registered in the company’s shareholder register with the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the general assembly. The effect of the decision will be applied to the share price starting from the working day following the general assembly, provided that the number of shares in shareholders’ portfolios is applied at the end of the second trading day following the date of the Extraordinary General Assembly in which it was decided to split the shares. • approved amending Article No. (7) of the Company’s Articles of Association relating to the company’s capital (attached) • approved amendment of Article No. (8) of the Company’s Articles of Association relating to subscription to shares (attached) 2) Approved on adding an article to the company’s articles of association No (12) related to (the company’s purchase, sale and mortgage of its shares) (attached) 3) Approved on adding an article to the company’s articles of association No (13) related to (debt tools and financing sukuk) (attached) 4) Approved on adding an article to the company’s articles of association No (22) related to (selling the company’s assets) (attached) 5) Approved on adding an article to the company’s articles of association No (23) related to (disclosure of interest in business and contracts) (attached) 6) Approved on adding an article to the company’s articles of association No (24) related to (disclosure of the company’s competition work) (attached) 7) Approved on adding an article to the company’s articles of association No (25) related to (duties of care and loyalty) (attached) 8) Approved on adding an article to the company’s articles of association No (28) related to (Issuing Board decisions in urgent matters) (attached) 9) Approved on adding an article to the company’s articles of association No (29) related to the (evaluating decisions criteria) (attached) 10) Approved on adding an article to the company’s articles of association No (32) related to the (annual ordinary general assembly) (attached) 11) Approved on adding an article to the company’s articles of association No (48) related to (interim dividend distribution) (attached) 12) Approved on amending the company’s articles of association in line with the new companies’ regulations. (attached) 13) Approved on rearranging and numbering the articles of association of the company to comply with the agreed amendments. (Attachment) |
| Attached Documents | 📄File 1 📄File 2 |
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