The company is keenly aware that students learn best in an atmosphere of fun, activity, and security, and that the teachers can perform their teaching tasks in healthy and… joyful conditions through an intensive care for the school environment, classroom, sports clubs, and school-friendly programs for children and adolescents.
The company is keenly aware that students learn best in an atmosphere of fun, activity, and security, and that the teachers can perform their teaching tasks in healthy and… joyful conditions through an intensive care for the school environment, classroom, sports clubs, and school-friendly programs for children and adolescents.
The company is keenly aware that students learn best in an atmosphere of fun, activity, and security, and that the teachers can perform their teaching tasks in healthy and… joyful conditions through an intensive care for the school environment, classroom, sports clubs, and school-friendly programs for children and adolescents.
The company is keenly aware that students learn best in an atmosphere of fun, activity, and security, and that the teachers can perform their teaching tasks in healthy and… joyful conditions through an intensive care for the school environment, classroom, sports clubs, and school-friendly programs for children and adolescents.
The company is keenly aware that students learn best in an atmosphere of fun, activity, and security, and that the teachers can perform their teaching tasks in healthy and… joyful conditions through an intensive care for the school environment, classroom, sports clubs, and school-friendly programs for children and adolescents.
| ELEMENT LIST | EXPLANATION |
|---|---|
| Introduction | National Company for Learning & Education (NCLE) announces the results of the Ordinary General Assembly meeting, (First Meeting), which held after the quorum was secured |
| City and Location of the General Assembly’s Meeting | The General Assembly meeting was held remotely via modern technology. |
| Date of the General Assembly’s Meeting | 2020-10-06 Corresponding to 1442-02-19 |
| Time of the General Assembly’s Meeting | 18:30 |
| Percentage of Attending Shareholders | %69.16 |
| Names of the Board of Directors’ Members Present at the General Assembly’s Meeting and Names of the Absentees |
All Board Members attended the meeting as follows: -MR Khaled bin Mohammed Al Khudair ( Chairman of tha Board )
-MR Ibrahim bin Abdel Rahman Alderei ( Vice Chairman )
-MR Abdullaziz bin Hamoud Al-Thiab ( Board Member )
– MR Abdullaziz bin Mohammed Al-Swailem( Board Member )
-MR Ibrahim bin Ali AlAboudi ( Board Member ) |
| Names of the Chairmen of the Committees Present at the General Assembly’s Meeting or Members of such Committees Attending on Their Behalf |
All Audit Committee members attend the meeting: – MR. Saad bin Saleh Al Sabti (Chairman of Audit Committee)
-MR Mohammed bin Farhan Al Nader (Member of Audit Committee)
-MR Abdullaziz bin Mohammed Al-Swailem (Member of Audit Committee and Board Member)
All Nomination and Remuneration Committee members attend the meeting: – MR Abdullaziz bin Hamoud Al-Thiab (Charmin of Nomination and Remuneration committee and Board Member)
-MR Khaled bin Mohammed Al Khudair ( Nomination and Remuneration Committee Member and Chairman of the Board)
– MR Ibrahim bin Ali AlAboudi (Nomination and Remuneration Committee Member and Board Member) |
| Voting Results on the Items of the General Assembly’s Meeting Agenda’s |
1- Approving the amendment to the policy, standards and procedures of the Board of Directors’ membership. 2- Approving the “Competing business standards”, in which the Board of Directors verifies that a Board Member competition with the Company’s business or one of the branch activities that it conducts, in accordance with the requirements of Paragraph (3) of Article (46) of the Corporate Governance Regulations. 3- Approving the business and contracts that will be conducted between NCLE and Refan Company for Operation and Maintenance, in which the Chairman of the Board of Directors Mr. Khaled bin Mohammed Al Khudair has an indirect interest in. It is about a contract to purchase all of the shares of Refan Company for Operation and Maintenance (a limited liability company), to be 100% owned by NCLE, with a total purchase price of SR 946,000 riyals, and without preferential terms. 4-Approving the reallocation of the unutilized portion of the IPO proceeds designated for the projects of Tilal Aldoha educational campus – previously named Altaraji- amounting to SR (39,195,527) and Alqassim educational campus amounting to SR (13,914,183), to be used for funding the company’s operational activities. |
The project is aimed at the creation of an educational complex in Al Khobar, with a total area of 14,892 square meters, with a total built area of 24,500 square meters, and the capacity to accommodate 3,900 students from all stages (excluding Kindergarten). The school complex will be for boys only and will serve primary to secondary levels. The school will provide national and international curricula.
The project is established for the construction of an educational complex in Al Khobar city in the Southern District of Al-Raka, on a total area of 11,802 square meters and 20,500 square meters of building space, with the capacity to accommodate 2,650 students of all levels. The school complex will be for girls only and will serve all pre-university education levels from pre-school to high school. The school complex will provide national and international curricula. The educational complex will provide the private education services for girls only from pre-school, to primary, and intermediate and secondary levels, with the capacity to accommodate 2,650 students, with an average of 1,325 students for each of the curricula of the Ministry of Education and the international Curriculum.
The project is located in the Kairouan district, Saud Bin Abdullah Bin Jalawi Street in Riyadh, with an area of 29,000 square meters, and a building area of 46,500 square meters and a capacity of 5,200 students. The complex is expected to open in 2019. The educational complex provides private and international education for the Kindergarten, primary, intermediate and secondary levels. The educational complex provides private and international education for the Kindergarten, primary, intermediate and secondary levels with the capacity of 5,200 students.
The project is aimed to establish an educational complex in the north of the city of Buraidah in the Qassim region, on an area of 12,661 square meters, and a total building area of 24,500 square meters and the capacity to accommodate 3,000 students for all levels. Pre-university education from pre-school to high school, where 57% of the capacity of the complex will be allocated to boys and 43% of the capacity will be for girls.
The project is aimed at the construction of an educational complex in Al-Tarajjy District in the Eastern Province of Dammam, on a total area of 9,875 square meters and 20,500 square meters of building space, with the ability to accommodate 3,000 students from all grades (excluding Kindergarten). The school complex will be for boys only and will serve primary to secondary levels. The school will provide national and international curricula. The educational complex will provide private education services for boys only for primary, middle and secondary levels, with a capacity of 3,000 students, with an average of 1,500 students for each curriculum, the Ministry of Education and the international curriculum.
