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Bupa Arabia for Cooperative Insurance Co. announces the results of the Ordinary General Assembly meeting

Bupa Arabia for Cooperative Insurance announces the results of the Ordinary General Assembly meeting of its shareholders, which was held on Tuesday 21th Rabi' Al-Awwal 1438H, corresponding to 20th December 2016G, at 6:30pm at Bupa Arabia's Jeddah offices, Prince Saud Al-Faisal Street, Al-Khalediyah District, Jeddah, under the Chairmanship of Chairman of the Board Eng. Loay Hisham Nazer, and reached an attendance of (61.97%) so the quorum required for the meeting was attained, and the voting results on the Agenda resolutions were as per the following:

Resolution (1): Approval of the appointment of the Board members, to complete the future term, as per the future Board three year term, being the fourth Board term, from Sunday 24th Rabi Al-Thani 1438H, corresponding to 22nd January 2017G, until 23rd Rabi Al-Thani 1441H, corresponding to 20th December 2019G, through selection of the below from the candidates presented, through cumulative voting.
- Eng. Loay Hisham Nazer / Non- Executive
- Mr. Abdulhadi Shayif / Independent
- Mr. Zaid Al-Gwaiz / Independent
- Dr. Adnan Abdulfattah Soufi / Independent
- Mr. David Martin Fletcher / Non- Executive
- Mr. Martin Potkins / Non- Executive
- Mr. Aamer AliReza / Non- Executive
- Mr. Tal Hisham Nazer / Executive

Resolution (2): Approval of the formation of the Audit Committee and the appointment of its members, the terms of reference (Audit Committee Charter), and the members' remuneration, to complete the future term, as per the future Board three year term, from Sunday 24th Rabi Al-Thani 1438H, corresponding to 22nd January 2017G, until 23rd Rabi Al-Thani 1441H, corresponding to 20th December 2019, as per the below:
- Dr. Adnan Abdulfattah Soufi.
- Mr. David Hunt.
- Mr. Khalid Al-Soliman.

Resolution (3): Approval of the update of the Company's Code of Corporate Governance.

Resolution (4): Approval of the Company's Board and Board Committee member Nomination and Appointment Policy and Procedure.

Resolution (5): Approval of the proposed changes to the Company's Trade-Mark related Agreements.

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.

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