| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Fesh Fash snack Food pro. co. is pleased to invite the shareholders to participate and vote in the (ordinary) general assembly meeting (the first and second meeting an hour after the first), which is scheduled to be held through means Modern technology, God willing, at 18:30 pm on Tuesday 23/05/2024 AD corresponding to 15/11/1445 AH |
| City and Location of the General Assembly’s Meeting | At the company’s headquarters in Riyadh, using modern technology. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly’s Meeting | 2024-05-23 Corresponding to 1445-11-15 |
| Time of the General Assembly’s Meeting | 18:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | Shareholders registered in the issuer’s shareholders register at the Depository Center at the end of the trading session preceding the general assembly meeting and in accordance with the rules and regulations, and the shareholder has the right to discuss the topics on the agenda of the assembly and ask questions. |
| Quorum for Convening the General Assembly’s Meeting | The (ordinary) General Assembly meeting will not be held valid unless it is attended by shareholders representing (at least half of the company’s shares that have voting rights). If this quorum is not present at the first meeting, the second meeting will be held one hour after the end of the period specified for the first meeting and the second meeting will be It is valid regardless of the number of shares with voting rights represented in it. |
| General Assembly Meeting Agenda | 1- Vote on the company’s auditor’s report for the financial year ending on 12/31/2023 AD after discussing it. 2- Vote on the Board of Directors’ recommendation to distribute cash dividends in the amount of (2,034,000) riyals to shareholders for the financial period 12/31/2023 AD, at the rate of 18 halalas for each share, provided that the eligibility is for shareholders who own shares at the end of trading on the day of the General Assembly and who are registered in the company’s shareholder register with the company. Securities Depository Center (Depository Center) At the end of the second trading day following the maturity date, the dividend distribution date will be announced later. 3- To vote on discharging the members of the Board of Directors for the fiscal year ended 31/12 / 2023. 4- Vote on disbursing an amount of (468,000) riyals as a reward to members of the Board of Directors for the fiscal year ending on 12/31/2023 AD. 5- Reviewing the Board of Directors’ report for the financial year ending 12/31/2023 AD and discussing it. 6- Voting on the works and contracts concluded between the company and Tarmeem Team Est. for General Contracting, in which the member of the Board of Directors Eng. Najeeb Hamad ALHumaid has an indirect interest , the project is the first and second phase of the factory expansion with ninety days implementation period without any preferential conditions for in the amount of (2,641,365) Rial. 7- Review and discuss the financial statements for the fiscal year ending 12/31/2023 8- Vote on appointing the company’s auditor from among the candidates based on the recommendation of the Audit Committee in order to examine, review and audit the semi-annual and annual financial statements for the fiscal year 12/31/2024 AD, 12/31/2025 AD, and 12/31/2026 AD, and to determine their fees. |
| Proxy Form | 📄 Form |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders registered in Tadawul can vote electronically remotely on the items of the Ordinary General Assembly starting from one am on Sunday, May 19, 2023 until the end of the time of the General Assembly, and voting and registration in Tadawulaty service will be available and free of charge to all shareholders using the following link: https://www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | 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 in Case of Any Enquiries | In the event of any inquiries ,please contact the Shareholders Relations Department (0114981916 ext. 800 / email a_almatroudi@feshfashfoo.com). |
| Attached Documents | 📄 File 1 📄 File 2 📄 File 3 📄 File 4 |
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.