The Board of Directors of Al Suwadi Power Company SAOG (the “Company”) have the pleasure to invite the respected shareholders to attend the Ordinary Annual General Meeting (“AGM”) of the Company to be held on Wednesday, 18th March 2020 at the Capital Market Authority Meeting Hall situated at Ruwi, Sultanate of Oman, at 5:00 pm, to discuss the following agenda.
However, in case the AGM was not held on the said date, the Company will hold a second AGM at the Company’s head office, Muscat Grand Mall, Flat No. 501,Building No. 5, Level 1 (South-East), Al-Khuwair, Sultanate of Oman at 5:00 pm on Wednesday, 25th March 2020 to discuss the same following agenda:
3. To consider the Auditors’ Report and to approve the financial statements (balance sheet and income statement) for the financial year ended 31 December 2019.
11. Appointment of an independent consultant for carrying out the appraisal for performance of the board of directors for the financial year ending 31 December 2020.
12. To approve the appointment of Statutory Auditors for the financial year ending 31 December 2020 and determine their remuneration.
According to the Articles of Association of the Company the Shareholders have the right to nominate a proxy to attend and vote on their behalf on decisions/resolutions of the meeting, such proxy must be on the proxy form attached to this agenda and notice. The natural shareholder shall enclose a copy of the ID card, or the passport copy for females and minors who don’t have an ID card, residence card or passport copy for non-Omanis along with the proxy form. The juristic shareholder’s proxy must be signed by an authorized signatory and sealed with entity’s stamp, and should be submitted along with a commercial registration certificate and the authorized signatories list
Respected shareholders are requested to attend at the AGM venue half an hour before the meeting.
For further information, please contact Mr. Preetam Saraf on telephone no. (+968)24393300.