Tanmiah Food Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Tanmiah Food Company is pleased to announce the results of the Ordinary General Assembly Meeting (First Meeting) |
| City and Location of the General Assembly's Meeting | Virtual Meeting – Company Headquarters – Riyadh – Al Rahmaniyah District- King Fahd Road |
| Date of the General Assembly's Meeting | 2025-06-15 Corresponding to 1446-12-19 |
| Time of the General Assembly’s Meeting | 19:15 |
| Percentage of Attending Shareholders | 71.77% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The following Board Members attended the meeting:
1. H.E Mr. Amr Al Dabbagh (Chairman). 2. Mr. Jamal Al-Dabbagh (Vice-Chairman). 3. Mr. Kamel Al Munajjed (Director). 4. Ms. Hawazen Nassief (Director). 5. Mr. Vincent Carton (Director). 6. Mr. Mohamed Husnee Jazeel (Director). 7. Ms. Zein Attar (Director). 8. Ms. Shahad Nejaim (Director). 9. Ms. Farha Aslam (Director). 10. Mr. Nadir Qureshi (Director). |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | The Following Committees' Chairperson Attended the Meeting:
1. Mr. Kamel Almunajjed (Chairman of the Audit Committee) 2. Ms. Zein Attar (Chairperson of the Nominations and Remuneration Committee) 3. Ms. Hawazen Nassief (Chairperson of the ESG Committee) 4. Mr. Vincent Carton (Chairman of the Technical Committee) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. The Board report for the fiscal year ending on 31-12-2024G was reviewed and discussed.
2. Approved on appointment of Deloitte and Touche & Co. Chartered Accountants as the Company’s Auditor to examine, review, and audit the financial statements for Q2 and Q3 of the fiscal year 2025, the annual financial statements for 2025, and Q1 of the fiscal year 2026 with fees amounting to SAR 1,619,000. 3. Approved on the distribution of dividends to shareholders with a total amount of (44.8) million Saudi Riyals for the fiscal year ending on December 31, 2024, with (SAR 2.24) dividend per share and (22.4% Share Par Value) as the percentage of dividend, provided that the dividends eligibility is for the shareholders who own the Company's shares at the end of the trading day on the day of the general assembly and registered in the Company's register at the Securities Depository Center Company (Edaa) by the end of the second trading day following the eligibility date. The dividend distribution will commence on Monday, June 30, 2025 (Corresponding to 5 Muharram,1447 AH). 4. Approved on the transactions and contracts performed between the company and Dukkan LTD, in which two members of the Board of Directors, his excellency Mr. Amr Al-Dabbagh (Chairman of the board of Directors) and Mr. Jamal Al Dabbagh (Vice-chairman of the board of directors) in their personal capacity, The nature of the transaction is Sale of goods an open-ended contract that commenced on 2024, without preferential conditions, as they own a 20%. The transactions and contracts commenced in 2024 amounted to sixteen million, seven hundred forty thousand, eight hundred twenty-nine Saudi Riyals (SAR 16,740,829). |
| Additional Information | In case of any inquiries, you can contact the Investor Relations department through:
Tel: 0114775192
Email: [email protected] |
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