Announcement of the results of TASNEE Ordinary General Assembly Meeting
The ordinary general assembly during its meeting which was held with full legal quorum, on Saturday 1/4/1430H, corresponding to 28/3/2009, at Prince Salman Social Center in Riyadh, endorsed the following agenda items:
1- The Board of the Directors report for 2008.
2- The auditor's report and the consolidated financial statements for the year closing on 31/12/2008.
3- Distribution of profits of an amount of (SR 460.7 million) for 2008, which equals (10%) of the capital, at SR 1) for a share, to the shareholders who are registered with the Depository Center (Tadawul) by closing of the trading day on holding of the ordinary general assembly (Saturday 1/4/1430H, corresponding to 28/3/2009). Date and method of payment of the profits shall placed on Tadawul website later on.
4- Discharge of the Board members of their business for the year closing at 31/12/2008.
5- Appointment of Deliot & Tosch Bakr Abu Al-Khair to audit the financial statements of the year 2009 and the quarter financial statements and defining of their fees.