The Board of Directors of Bawabet AlKuwait Holding Company invited its shareholders to attend its ordinary general assembly on Monday, September 30, 2024, at its headquarters to discuss its financial statements ending on December 31, 2023, and review the following agenda items:
- Hearing the Board of Directors' report on the fiscal year ending on December 31, 2023, and approving it.
- Hearing the company's auditor's report on the fiscal year ending on December 31, 2023, and approving it.
- Discussing and approving the consolidated financial statements for the fiscal year ending on December 31, 2023.
- Hearing the report on violations and penalties issued by the regulatory authorities, if any.
- Hearing the report on transactions that have been or will be conducted with related parties.
- Deducting 10% of the net profits for the fiscal year ending on December 31, 2023, to form the legal (mandatory) reserve in the amount of 1,572,187 Kuwaiti dinars.
- Discussing the proposal not to distribute cash dividends to shareholders for the fiscal year ending on December 31, 2023.
- Discussing the Board of Directors' proposal to reward the members of the Board of Directors for the year 2023 in the amount of thirty-one thousand Kuwaiti dinars.
- Discussing the release of the members of the Board of Directors and their discharge from all matters related to their legal actions for the fiscal year ending on December 31, 2023.
- Appointing or reappointing an auditor for the company for the fiscal year 2024 and authorizing the Board of Directors to determine his fees.