{ "schema_version": 1, "id": "sisco:1:315", "entry_id": 315, "channel": "news", "kind": "news", "language": "en", "slug": "extraordinary-general-assembly-invitation-2023", "title": "Invitation to shareholders to attend the (FIRST MEETING) Extraordinary General Assembly Meeting", "url": "https://sisco.uxpan.net/en/media/press/view/extraordinary-general-assembly-invitation-2023/", "markdown_url": "https://sisco.uxpan.net/en/md/news/extraordinary-general-assembly-invitation-2023.md", "raw_url": "https://sisco.uxpan.net/en/md/raw/news/extraordinary-general-assembly-invitation-2023.json", "published_at": "2023-10-30T00:00:00+00:00", "updated_at": "2026-10-12T02:24:06+00:00", "publication_status": "public", "knowledge_approval": "not_assessed", "translations": [ { "id": "sisco:1:327", "language": "ar", "url": "https://sisco.uxpan.net/ar/media/press/view/extraordinary-general-assembly-invitation-2023/", "markdown_url": "https://sisco.uxpan.net/ar/md/news/extraordinary-general-assembly-invitation-2023.md", "raw_url": "https://sisco.uxpan.net/ar/md/raw/news/extraordinary-general-assembly-invitation-2023.json" } ], "source_revision": "8a2f5cf5ec79ce14071111b2247f5704199faa345470b15f1b7022a902476813", "representation": "rendered_public_components", "components": [ { "type": "entry", "markdown": "# Invitation to shareholders to attend the (FIRST MEETING) Extraordinary General Assembly Meeting\n\n[Original page](\u003Chttps://sisco.uxpan.net/en/media/press/view/extraordinary-general-assembly-invitation-2023/\u003E)", "blocks": [ { "type": "heading", "level": 1, "text": "Invitation to shareholders to attend the (FIRST MEETING) Extraordinary General Assembly Meeting" }, { "type": "p", "markdown": "[Original page](\u003Chttps://sisco.uxpan.net/en/media/press/view/extraordinary-general-assembly-invitation-2023/\u003E)" } ] }, { "type": "news", "markdown": "2023-10-30\n\nSAUDI INDUSTRIAL SERVICES CO. ANNOUNCES TO INVITES ITS SHAREHOLDERS TO ATTEND THE ( FIRST MEETING ) EXTRAORDINARY GENERAL ASSEMBLY MEETING\n\n\u003Ctable\u003E\u003Cthead\u003E\u003Ctr\u003E\u003Cth\u003EElement List\u003C/th\u003E\u003Cth\u003EExplanation\u003C/th\u003E\u003C/tr\u003E\u003C/thead\u003E\u003Ctbody\u003E\u003Ctr\u003E\u003Ctd\u003EIntroduction\u003C/td\u003E\u003Ctd\u003EThe Board of Directors of Saudi Industrial Services Co. are pleased to invite the honorable\u003Cbr\u003Eshareholders to participate and vote in the Extraordinary General Assembly Meeting (the first\u003Cbr\u003Emeeting), remotely through means of modern technology from the company's headquarters in Jeddah.\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003ECity and Location of the General Assembly's Meeting\u003C/td\u003E\u003Ctd\u003EThe company's Headquarters in Jeddah - via modern technological means (Tadawulaty system)\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EURL for the Meeting Location\u003C/td\u003E\u003Ctd\u003Ewww.tadawulaty.com.sa</td&g...\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EDate of the General Assembly's Meeting\u003C/td\u003E\u003Ctd\u003E2023-11-21 Corresponding to 1445-05-07\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003ETime of the General Assembly's Meeting\u003C/td\u003E\u003Ctd\u003E18:30\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EAttendance Eligibility\u003C/td\u003E\u003Ctd\u003EShareholders who are registered in the issuers shareholders record at the Depositary Center by the\u003Cbr\u003Eend of the trade session prior to the general assembly meeting and in accordance with the laws and\u003Cbr\u003Eregulations. The shareholder has the right to delegate whomever other than the board of directors.\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EQuorum for Convening the General Assembly's Meeting\u003C/td\u003E\u003Ctd\u003EThe Extraordinary general assembly meeting shall be valid attended by shareholders representing at\u003Cbr\u003Eleast 50% of the Company’s capital. In the absence of a quorum required for holding the meeting, a\u003Cbr\u003Esecond meeting will be held one hour after the end of the end of period specified for the first\u003Cbr\u003Emeeting, and the second meeting will be valid if attended by a number of shareholders representing\u003Cbr\u003Eat least 25% of the Company.\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EGeneral Assembly Meeting Agenda\u003C/td\u003E\u003Ctd\u003E\u003Cp\u003E1) To vote on amending the company's bylaws in line with the new companies' law. (attached)\u003C/p\u003E\u003Cp\u003E2) To vote on amending Article (2) of the company's bylaws, which is related to the name of the company. (attached)\u003C/p\u003E\u003Cp\u003E3) To vote on amending Article (3) of the company's bylaws, which is related to the company's objectives. (attached)\u003C/p\u003E\u003Cp\u003E4) To vote on the amendment of the Audit Committee Charter. (attached)\u003C/p\u003E\u003Cp\u003E5) To vote on the company’s purchase of a number of its shares and a maximum of (8,160,000) shares and keep them as treasury shares, as the Board of Directors or the authorized persons consider that the share price in the market is less than its fair value. The purchase will be financed from the company’s own resources and authorizing the Board of Directors to complete the process within 12 months of the extraordinary general assembly’s approval date, and the company will keep the purchased shares for a maximum period of (5) years from the date of approval of the extraordinary general assembly. After the expiry of this period, the company will follow the procedures and controls stipulated in the relevant laws and regulations. (attached)\u003C/p\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EProxy Form\u003C/td\u003E\u003Ctd\u003E\u003Cp\u003E<a rel=\"noopener\" href=\"\u003Cbr\u003E \u003C/p\u003E\" target=\"_blank\"><img style=\"width: 38px; height: auto;\" src=\"www.tadawulaty.com.sa\u003C/td\u003E\u003C/tr\u003E\u003C/tbody\u003E\u003C/table\u003E", "blocks": [ { "type": "text", "text": "2023-10-30" }, { "type": "p", "markdown": "SAUDI INDUSTRIAL SERVICES CO. ANNOUNCES TO INVITES ITS SHAREHOLDERS TO ATTEND THE ( FIRST MEETING ) EXTRAORDINARY GENERAL ASSEMBLY MEETING" }, { "type": "table", "rows": [ [ { "text": "Element List", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "Explanation", "header": true, "rowspan": 1, "colspan": 1 } ], [ { "text": "Introduction", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "The Board of Directors of Saudi Industrial Services Co. are pleased to invite the honorableshareholders to participate and vote in the Extraordinary General Assembly Meeting (the firstmeeting), remotely through means of modern technology from the company's headquarters in Jeddah.", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "City and Location of the General Assembly's Meeting", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "The company's Headquarters in Jeddah - via modern technological means (Tadawulaty system)", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "URL for the Meeting Location", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "www.tadawulaty.com.sa\u003C/td&g...", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Date of the General Assembly's Meeting", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "2023-11-21 Corresponding to 1445-05-07", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Time of the General Assembly's Meeting", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "18:30", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Attendance Eligibility", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "Shareholders who are registered in the issuers shareholders record at the Depositary Center by theend of the trade session prior to the general assembly meeting and in accordance with the laws andregulations. The shareholder has the right to delegate whomever other than the board of directors.", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Quorum for Convening the General Assembly's Meeting", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "The Extraordinary general assembly meeting shall be valid attended by shareholders representing atleast 50% of the Company’s capital. In the absence of a quorum required for holding the meeting, asecond meeting will be held one hour after the end of the end of period specified for the firstmeeting, and the second meeting will be valid if attended by a number of shareholders representingat least 25% of the Company.", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "General Assembly Meeting Agenda", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "1) To vote on amending the company's bylaws in line with the new companies' law. (attached)2) To vote on amending Article (2) of the company's bylaws, which is related to the name of the company. (attached)3) To vote on amending Article (3) of the company's bylaws, which is related to the company's objectives. (attached)4) To vote on the amendment of the Audit Committee Charter. (attached)5) To vote on the company’s purchase of a number of its shares and a maximum of (8,160,000) shares and keep them as treasury shares, as the Board of Directors or the authorized persons consider that the share price in the market is less than its fair value. The purchase will be financed from the company’s own resources and authorizing the Board of Directors to complete the process within 12 months of the extraordinary general assembly’s approval date, and the company will keep the purchased shares for a maximum period of (5) years from the date of approval of the extraordinary general assembly. After the expiry of this period, the company will follow the procedures and controls stipulated in the relevant laws and regulations. (attached)", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Proxy Form", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "\u003Ca rel=\"noopener\" href=\" \" target=\"_blank\"\u003E\u003Cimg style=\"width: 38px; height: auto;\" src=\"www.tadawulaty.com.sa", "header": false, "rowspan": 1, "colspan": 1 } ] ] } ] } ], "attachments": [], "content_sha256": "4e8f06cdbae05df114cbe94691f668ba99af980dc31804320b3c7ae2eca3cd56", "markdown": "# Invitation to shareholders to attend the (FIRST MEETING) Extraordinary General Assembly Meeting\n\n[Original page](\u003Chttps://sisco.uxpan.net/en/media/press/view/extraordinary-general-assembly-invitation-2023/\u003E)\n\n2023-10-30\n\nSAUDI INDUSTRIAL SERVICES CO. ANNOUNCES TO INVITES ITS SHAREHOLDERS TO ATTEND THE ( FIRST MEETING ) EXTRAORDINARY GENERAL ASSEMBLY MEETING\n\n\u003Ctable\u003E\u003Cthead\u003E\u003Ctr\u003E\u003Cth\u003EElement List\u003C/th\u003E\u003Cth\u003EExplanation\u003C/th\u003E\u003C/tr\u003E\u003C/thead\u003E\u003Ctbody\u003E\u003Ctr\u003E\u003Ctd\u003EIntroduction\u003C/td\u003E\u003Ctd\u003EThe Board of Directors of Saudi Industrial Services Co. are pleased to invite the honorable\u003Cbr\u003Eshareholders to participate and vote in the Extraordinary General Assembly Meeting (the first\u003Cbr\u003Emeeting), remotely through means of modern technology from the company's headquarters in Jeddah.\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003ECity and Location of the General Assembly's Meeting\u003C/td\u003E\u003Ctd\u003EThe company's Headquarters in Jeddah - via modern technological means (Tadawulaty system)\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EURL for the Meeting Location\u003C/td\u003E\u003Ctd\u003Ewww.tadawulaty.com.sa</td&g...\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EDate of the General Assembly's Meeting\u003C/td\u003E\u003Ctd\u003E2023-11-21 Corresponding to 1445-05-07\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003ETime of the General Assembly's Meeting\u003C/td\u003E\u003Ctd\u003E18:30\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EAttendance Eligibility\u003C/td\u003E\u003Ctd\u003EShareholders who are registered in the issuers shareholders record at the Depositary Center by the\u003Cbr\u003Eend of the trade session prior to the general assembly meeting and in accordance with the laws and\u003Cbr\u003Eregulations. The shareholder has the right to delegate whomever other than the board of directors.\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EQuorum for Convening the General Assembly's Meeting\u003C/td\u003E\u003Ctd\u003EThe Extraordinary general assembly meeting shall be valid attended by shareholders representing at\u003Cbr\u003Eleast 50% of the Company’s capital. In the absence of a quorum required for holding the meeting, a\u003Cbr\u003Esecond meeting will be held one hour after the end of the end of period specified for the first\u003Cbr\u003Emeeting, and the second meeting will be valid if attended by a number of shareholders representing\u003Cbr\u003Eat least 25% of the Company.\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EGeneral Assembly Meeting Agenda\u003C/td\u003E\u003Ctd\u003E\u003Cp\u003E1) To vote on amending the company's bylaws in line with the new companies' law. (attached)\u003C/p\u003E\u003Cp\u003E2) To vote on amending Article (2) of the company's bylaws, which is related to the name of the company. (attached)\u003C/p\u003E\u003Cp\u003E3) To vote on amending Article (3) of the company's bylaws, which is related to the company's objectives. (attached)\u003C/p\u003E\u003Cp\u003E4) To vote on the amendment of the Audit Committee Charter. (attached)\u003C/p\u003E\u003Cp\u003E5) To vote on the company’s purchase of a number of its shares and a maximum of (8,160,000) shares and keep them as treasury shares, as the Board of Directors or the authorized persons consider that the share price in the market is less than its fair value. The purchase will be financed from the company’s own resources and authorizing the Board of Directors to complete the process within 12 months of the extraordinary general assembly’s approval date, and the company will keep the purchased shares for a maximum period of (5) years from the date of approval of the extraordinary general assembly. After the expiry of this period, the company will follow the procedures and controls stipulated in the relevant laws and regulations. (attached)\u003C/p\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EProxy Form\u003C/td\u003E\u003Ctd\u003E\u003Cp\u003E<a rel=\"noopener\" href=\"\u003Cbr\u003E \u003C/p\u003E\" target=\"_blank\"><img style=\"width: 38px; height: auto;\" src=\"www.tadawulaty.com.sa\u003C/td\u003E\u003C/tr\u003E\u003C/tbody\u003E\u003C/table\u003E" }