The Board of Directors of the Industrial Quarry and Cement Company has called on its shareholders to attend the ordinary general assembly for the financial year ending June 30, 2024. 

This meeting is set to take place on Tuesday, December 17, 2024, at 9 AM. The agenda for the assembly will include the following items:

•    Reviewing and approving the Board of Directors' report for the financial year ending June 30, 2024.
•    Reviewing and approving the auditor's report for the financial year ending June 30, 2024.
•    Discussing and approving the company's financial statements for the financial year ending June 30, 2024.
•    Reviewing the report on violations and penalties issued by regulatory authorities.
•    Reviewing and approving the report on transactions conducted or conducted with related parties.
•    Discussing the allocation of a voluntary reserve of 10% from the profits for the financial year ending June 30, 2024, amounting to 28,221 KWD (twenty-eight thousand two hundred twenty-one Kuwaiti Dinars) to cover the company’s obligations.
•    Allocating a mandatory reserve of 10% from the profits for the financial year ending June 30, 2024, also amounting to 28,221 KWD (twenty-eight thousand two hundred twenty-one Kuwaiti Dinars) in accordance with Article (222) of Companies Law No. (1/2016).
•    Discussing the decision not to distribute dividends for the financial year ending June 30, 2024.
•    Discussing the decision not to grant bonuses to board members for the financial year ending June 30, 2024.
•    Discussing the release of Board members from liability regarding their financial, legal, and administrative actions for the financial year ending June 30, 2024.
•    Appointing or reappointing the auditor for the financial year ending June 30, 2025, and granting the Board of Directors the authority to determine their fees.