Taiba Holding invites its shareholders to attend the AGM (1st meeting)

The Board of Directors of Taibah Holding is pleased to invite shareholders to attend the 30th Ordinary General Assembly Meeting, which will be held at the will of God at 5:00 pm on Thursday, 20/06 / 1436H corresponding to 09/04/2015 at the headquarters of Taibah Holding in Madinah – Abdullah (the second ring) with the new road of Sayed Al Shuhadaa to consider the following: 1- Approving the report of the twenty-fifth board of directors. 2- Approving the balance sheet, profit and loss account and the auditor’s report as at 31/12/2014. Board of Directors’ report on their management during the period The approval of the distribution of periodic and additional profits for the fiscal year 2014, which is equivalent to 26% of the capital amount of (390) three hundred and ninety million riyals by (2.60) riyals and a halon for each And approval of the Board of Directors’ proposal for an additional dividend for 2014 equivalent to 5% of the share capital of SR (75) million (SR 0.50) per share to be paid within two weeks from the date of the Assembly. Of the shareholders of Taiba Holdings registered with Tadawul records as at the end of the trading day of the Assembly to become the total amount of (Rls 3.10) per share and 31% of the share capital. 5. Approving the disbursement of a dividend of SR 1,800,000 as a bonus to members of the Board of Directors. Management in accordance with paragraph (4) of Article (46) of the Statutes of the benefit of (200,000) riyals per member for the financial year ended 31/12/2014. 6. Approval of the selection of the auditor from among the candidates by the Audit Committee to review the financial statements Annual Financial Year 2015, Quarterly Financial Statements, Zakat Services and Determination of Fees In the year 2014 with one of the related parties with Taibah to rent the Dar Al Kawthar Hotel (Arak Inn) owned by Taiba Holding for a period of five Hijri years starting from 01/08/1431 H with an annual rent of SR 4,500,000 for the Arab Company for Tourist Areas (Arak) – A subsidiary of Taiba Holding, Taiba owns 86.88% of its capital. The Board of Directors of Arak is chaired by Dr. Hamad Bin Saif Al Batal, Board Member of Taiba Holding. The CEO of Taiba Holding, Mr. Adel Bin Mohammed Al Zaid, Board of Directors of Arak. 8. Approval of the transaction which took place on 15/11/1435 H corresponding to 10/9/2014 The company is headed by Mr. Ghassan bin Yasser Shalaby, who is the Chairman of the Board of Directors of Taiba Holding and AlphaPeople-Strata International Information Technology. (CRM) for a total amount of (90 / 320,514) three hundred twenty-five thousand and fourteen riyals and ninety halala. He informed that the attendance of this association is limited to shareholders who own 20 or more shares. Each shareholder may, by virtue of the power of attorney, Provided that the agent is not a member of the Board of Directors or a member of the Board of Directors of the Board of Directors or a member of the Board of Directors of the Board of Directors of the Board of Directors. From one of the Chambers of Commerce and Industry accompanied by a copy of the proof of ownership of the shares and that the headquarters of Tiba in Madinah before the meeting meeting at least three days, noting that each shareholder or his representative to bring proof of his official identity and prove ownership of his shares and attend at least one hour before the meeting Completion of the registration procedures with the briefing that the number of shares representing the regular quorum for the meeting is equivalent to (50%) of the number of shares which (75,000,000) shares.