Southern Province Cement Company is pleased to announce the results of the 36th General assembly meeting held on its declared date in the afternoon of Wednesday 8/5/1434h, corresponding to 20/3/2013.
The following decisions were taken:
1-The contents of the Board of Director’s annual report were approved.
2-The company budget as of 31/12/2012, and the 2012 profit and loss accounts were attested.
3-The accountability of the Directors for this period was cleared.
4-Approved the distribution of the dividends as per the suggestion of the Board of Directors, at 70% of the total paid capital, SR (7) per share, which SR (3) were already paid in the first half of the year.
The payment for the SR (4) per share for the second part of the year shall start on Wednesday 10.4.2013 through the Arab national bank. The entitlement of these dividends will be for the shareholders registered in the company records at the Saudi Capital Market (Tadawul), the deposit center, on the day the assembly was held.
5-Messrs. KPMG were chosen to audit the company’s annual and quarter accounts during2013.
6-Agreed selling the land lot owned by the company by the real estate title deed No. 49 dated 29/2/1398h an area of 750 m2 with a two story building and an extension, in (Al-Minah plan No. 5 ) on Palestine road in Jeddah. And also land lot owned by the company owned by the company by the real estate title deed No. 1288 dated 29/12/1426h an area of 2.122 m2, no buildings on it, in (Al-Minah plan No. 20) in Al-Rehab area on Palestine road in Jeddah
