The Board of Directors of Scientific & Medical Equipment House Co. is pleased to invite esteemed shareholders to attend the Ordinary General Assembly 5Th Meeting (the first meeting), scheduled to be held, God willing, at 7:30 PM on Wednesday, 03-06-1446 AH, corresponding to 04-12-2024 AD (according to the Umm al-Qura calendar), via modern technological means (remotely), to discuss the agenda of the assembly and participate in voting on its items.
City and Location of the General Assembly's Meeting
The company's head office is in Riyadh - Al-Moatamarat District - King Fahd Street (using modern technology)
Hyperlink of the Meeting Location
Click Here
Date of the General Assembly's Meeting
2024-12-04 Corresponding to 1446-06-03
Time of the General Assembly’s Meeting
19:30
Methodology of Convening the General Assembly’s Meeting
Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End
Each Shareholder registered in the company’s shareholder register at the Depository Center by the end of the trading session preceding the assembly meeting has the right to attend the assembly meeting, in accordance with the regulations and rules.
The right to register attendance at the assembly meeting ends at the time the meeting convenes, and the right to vote on the assembly's items for those present ends when the counting committee completes the vote counting
Quorum for Convening the General Assembly's Meeting
According to Article (27) of the company’s bylaws, the Ordinary General Assembly meeting is valid only if attended by shareholders representing at least one-quarter of the company's shares with voting rights. If the necessary quorum for this meeting is not met, a second meeting will be held one hour after the end of the time specified for the first meeting, and the second meeting will be valid regardless of the number of shares represented.
General Assembly Meeting Agenda
1- Voting on the Board of Directors' recommendation to distribute cash dividends amounting to 30 million riyals to shareholders for the fiscal year ending on 31-12-2023, at a rate of 1 riyal per share, representing 10% of the nominal value of the share. The entitlement will be for shareholders holding shares at the end of the trading day of the General Assembly meeting and registered in the company’s shareholder register at the Securities Depository Center by the end of the second trading day following the entitlement date. The distribution of dividends will commence on Wednesday, 18-12-2024.
2- Voting on the Amendment of the Review Regulations Committee. (Attached)
3- Voting on the amendment of the policy for the remuneration of Board members and committees emanating from the Board and executive management. (Attached)
4- Voting on the social responsibility policy. (Attached)
5- Voting on the regulations and standards for competition. (Attached)
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right
Each shareholder has the right to discuss the topics listed on the agenda of the assembly and to ask questions.
Registration and voting in the Tadawulaty services will be available and free of charge for all shareholders using the following link:
www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda Registered shareholders on the Tadawulaty services website will be able to vote remotely on the assembly items starting from 1:00 AM on Saturday, 28-05-1446 AH, corresponding to 30-11-2024 AD, until the end of the assembly meeting.
Therefore, we invite all shareholders to participate and vote remotely by visiting the Tadawulaty platform's website at the following link: www.tadawulaty.com.sa.
Please note that registration for the Tadawulaty service and voting on the assembly items is available and free for all shareholders.
Method of Communication in Case of Any Enquiries
If you have any inquiries, please contact the Investor Relations Department to raise questions and inquiries related to the agenda items of the Ordinary General Assembly during the meeting through the live broadcast link that will be sent to shareholders via the Tadawulaty service.
They can also reach the Investor Relations Department at the phone number (0114646699) extension (580) or the mobile number (0580065899) during the company's official working hours from Sunday to Thursday, from 8:00 AM to 6:00 PM, or send questions related to the assembly agenda to the following email address:
Investor.Relations@smeh.com.sa
Attached Documents
