Osool & Bakheet Investment Company announces the results of the the Ordinary General Assembly Meeting
(the first meeting), which was held at 19:00 PM, 17-08-2025 through modern technology means.
This is after the legal required quorum for the meeting was completed.
City and Location of the General Assembly’s Meeting : In the city of Riyadh via modern technology means.
Date of the General Assembly’s Meeting: 17/08/2025
Time of the General Assembly’s Meeting: 19:00 PM
Percentage of Attending Shareholders : 66.64%
Names of the Board Members present at the Assembly:
1- Mr. Abdullah AlKhorayef – Chairman
2- Mr. Abdulrahman AlYahya– Vice Chairman
3- Mr. Mazin AlDawood – Member
Names of the Board Members Absent from the Assembly:
1- Mr. Beshr Bakheet – Member
2- Mr. Khalid AlMousa – Member
3- Mr. Wael AlSerhan– Member
Names of the Chairmen of the Committees Present at the General Assembly’s Meeting or Members of such Committees Attending on their Behalf
- Mr. Abdulrahman AlYahya– – Audit Committee Representative
- Mr. Abdulrahman AlYahya– Chairman of Risk Committee Representative
- Mr. Abdullah AlKhorayef – NORCOM Representative
Voting Results on the Items of the General Assembly’s Meeting
- Approved the discharge of the Board members from liability for the fiscal year ended 31/12/2024.
- Approved the disbursement of an amount of SAR 63,000 as a remuneration for the Board members for the fiscal year ended 31/12/2024.
