the news

Banan Real Estate Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting


Element List Explanation
Introduction The Board of Directors of Banan Real Estate Company is pleased to invite it’s shareholders to participate and vote in the Ordinary General Assembly meeting (the first meeting), which is scheduled to be held via modern technology, at 6:30 pm, on Monday, 21/11/2022 corresponding to 27/04/1444H.
City and Location of the General Assembly's Meeting Company’s Headquarter, Riyadh City- via modern technology.
URL for the Meeting Location www.tadawulaty.com.sa
Date of the General Assembly's Meeting 2022-11-21 Corresponding to 1444-04-27
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 According to Article 32 of the company's articles of association, The Ordinary General Assembly Meeting shall be valid if attended by shareholders representing a quarter of the company’s capital.
General Assembly Meeting Agenda 1- Vote to elect members of the Board of Directors from among the candidates for the next session, which begins on 26-12-2022 and for a period of three Gregorian years ending on 12-25-2025. (CV of the candidates is attached)    2- Vote on the Audit Committee formation, determining its tasks, working function, and remuneration of its members for the new session, which begins on 26-12-2022 and for a period of three Gregorian years ending on 12-25-2025, and approving to designation of the following candidates (CV of the candidates is attached) as follows: 1) Ahmed Suliman Salama Al-Muzaini - Chairman (Independent Member) 2) Khalid Abdulaziz Suliman Al-Hoshan - Member (Member from outside the Board) 3) Abdulrahman Khalid Al-Sultan - Member (Member from outside the Board)   3- Vote on delegating the Board of Directors for its new session, starting from 26/12/2022, with the validity of the Ordinary General Assembly with the authorization contained in Paragraph (1) of Article 71 of the Companies Law, for a period of one year from the date of approval of the General Assembly or until the end of the session The authorized board of directors, whichever comes first, in accordance with the conditions set forth in the regulations and regulatory procedures issued in implementation of the Companies Law for Listed Joint Stock Companies.
Proxy Form
E-Vote Shareholders registered in the Tadawulati services can vote electronically on the items of the assembly starting from 1:00 AM on Tuesday, 17/11/2022 corresponding to 23/04/1444H, until the end of the time of the assembly, and registration and voting in the Tadawulati services will be available and free for all shareholders using the link below:  www.tadawulaty.com.sa
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 In case of any queries, don't hesitate to contact us through Investor Relations Department  Banan Real Estate Company   Tel: +966-11-4808085   Fax: +966-11-4801457   Email: Info@bananrealestate.com