Orient Education Services Company will hold its ordinary general assembly on Wednesday, April 16, 2025, at 12:30 PM to discuss the Board of Directors' report, as well as the external auditor's report for the fiscal year ending December 31, 2024, and to approve these reports. The assembly will also review the company’s financial statements for the same year and seek approval.
Moreover, it will hear the report from its Sharia Supervisory Board for the fiscal year ending December 31, 2024, and seek approval, discuss any violations and penalties imposed on the company by regulatory authorities (if any), review transactions with related parties conducted during the fiscal year ending December 31, 2024, and approve these transactions.
The agenda includes discussing the Board of Directors' recommendation not to distribute dividends and not to pay bonuses to Board members for the fiscal year ending December 31, 2024.
It will also involve clearing Board members of any financial, administrative, or legal actions and deciding on the appointment or reappointment of the company’s auditors from the accredited list of auditors approved by the Capital Markets Authority, considering the mandatory rotation period for the company’s auditors.
The Board will be authorized to determine the auditors' fees and appoint or reappoint the Sharia Supervisory Board for the fiscal year ending December 31, 2025, with the Board authorized to determine their fees as well.