Filling & Packing Materials MFG. Co. (FIPCO) invites its shareholders to attend the 29th ordinary General Assembly Meeting (AGM), (First Meeting).

2018-09-29 12:03:26

Filling and Packing Materials MFG. Co. (FIPCO) is pleased to invite its shareholders to attend its ordinary general assembly meeting (AGM) no. 29, scheduled to take place on Tuesday 24/03/1439H corresponding to 12/12/2017 at 6:30 PM, at FIPCO head office, 2nd industrial area, Kharj road, Riyadh (https://goo.gl/maps/6qX8AKDDF9C2) to discuss the following Agenda:  
1- Vote on the updated policies and procedures of Board membership.  
2- Vote on the updated charter of Nomination and Remuneration Committee. 
3- Vote on the remuneration policy for the board members, board committees and senior executives. 
4- Vote to approve the Board of Directors recommendation not to distribute cash dividends to the shareholders for the financial year ending 31/12/2017 in order to finance the expansion plans. 
Each shareholder shall have the right to attend the meeting provided to be registered in FIPCO share registry at the Depository Center as of the end of trading preceding to AGM and according to the rules and regulations, while the Shareholders who cannot attend the meeting may appoint a proxy, taking into consideration that the proxy must not be a member of the board or an employee of the company or who assigned to do a permanent services in favor of the company. The proxy letter must be signed and authenticated by an authorized Commercial Bank, Chamber of Commerce or authorized persons, notary public or persons authorized in performing notary public, hence it will be submitted to the investor relations Dept. at the company head quarter located in 2nd industrial area, Kharj road, Riyadh, two days before the Meeting. 
It is necessary for each shareholder to bring a valid ID as well as the original proxy Letter (If any) when attending the meeting, and to attend before the meeting enough to finalize the registration.  
The shareholders who are registered in the Tadawulaty electronic trading services can remotely vote on the items of the General Meeting through (electronic voting) service with no need to appoint a proxy, and note that the remote voting will start at 10:00 AM on Sunday, 10 Dec. 2017, and continue until 04:00 PM on the day of the Meeting, on Tuesday, 12 Dec. 2017. Therefore, all FIPCO shareholders are invited to participate and vote remotely through Tadawulaty website (https://www.tadawulaty.com.sa) with free of charge.
 
Please note that the General Assembly meeting will be valid if attended or represented by 25% of the Company's capital, however in the absence of a quorum required for holding the meeting, a second meeting can be held one hour after the end of the period specified for the first meeting. The second meeting shall be valid regardless of the number of shares represented therein. 
Shareholders are welcome to send their inquiries by directly contacting our Investor Relations department by phone (0096612652299 # 777) during the working hours or by email sms@fipco.com.sa 

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