AnnouncementDetails

Actions

Sadara Basic Services Company announces the results of shareholder Ordinary general assembly meeting ( First meeting)

Sadara Basic Services Company announces that it held its ordinary general assembly meeting at the offices of Sadara Chemical Company, at Sadara Business Center, 3425 Lulu Road, First Industrial Area, Jubail 35717-8389, Kingdom of Saudi Arabia at 10:00hrs on Tuesday, 21/09/1439 H corresponding to 05/06/2018 G. The number of shares represented at the Assembly amounted to two hundred thousand (200,000) shares and an attendance rate of one hundred per cent (100%) of the shares in the Company. The resolutions of the meeting are as follows:
1. Approval of the Board of Directors report
2. Approval of the financial statements
3. Approval of the report of the auditor
4. Approval of the selection of KPMG Al Fozan & Partners as the external auditor for the fiscal year 2018G
5. Approval of the discharge of the members of the Board of Directors from liability
6. Approval of the election of the following members of the Board of Directors from among the candidates:
Sadara Sukuk Wahid B.V. (represented by Mr. Timothy Justice)
Sadara Sukuk Ithnayn B.V. (represented by Mr. Abdulmohsen Al Dossary)
Sadara Sukuk Thalatha (represented by Mr. Hamad Al Saleh)
Sadara Sukuk Arbaa B.V. (represented by Mr. Andrea Vigo)
7. Approval of the appointment of an audit committee consisting of:
Mr. Fahad M. Al Suhaibani
Mr. Abdulrahman J. Alshehri
Mr. Abdulla H. AlBinsaad
Mr. Saad A. AlAfaliq
Mr. Abdullah H. Alhassawi
8. Approval of the Board of Directors actions after the end of its term

The Capital Market Authority and the Saudi Stock 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.

Company Profile

Actions

Company Profile

Summary

Last Price Net Change
 (%)
Value Traded (SAR) Volume Traded

RelatedAnnouncementPortlet

Actions

Related Announcements