The shareholders' general assembly is the forum through which shareholders exercise their right to hold the board accountable, approve the financial statements and make the company's major decisions. Under Saudi law it divides into an ordinary and an extraordinary general assembly, each with a different attendance quorum and voting majority.
Although the meeting itself may last only a few hours, preparing for it takes weeks: an invitation within the statutory period, an agenda with attached documents, quorum calculation, and documentation of the vote. Any flaw in this cycle can open the door to shareholders challenging the decisions.
How HWKM helps
A general assembly that runs with confidence from the first invitation to the last minutes — quorum, voting and documentation, all aligned with regulatory requirements without you having to memorize them.
HWKM runs the entire general assembly cycle inside one platform, moving from preparation and invitation to managing voting and calculating quorum, then documenting decisions and minutes, without having to track regulatory requirements manually each time.
Result: A fully compliant general assembly, with no procedural gaps to be challenged later.
Key features
- Preparation and invitation to the general assembly
- Voting management and quorum calculation
- Documenting decisions and minutes
- Compliance with regulatory requirements
Who is this solution for?
Frequently asked questions
What does HWKM cover in general assembly management?
The platform covers preparation and invitation to the general assembly, voting management and quorum calculation, documenting decisions and minutes, and compliance with regulatory requirements.
Does the platform support ordinary and extraordinary general assemblies?
The cycle in the platform is built on the regulatory requirements for general assemblies. To learn the exact scope of application for your case, you can book a demo.
Where can I find a guide to preparing the general assembly?
You can read our article “The Shareholders' General Assembly: Your Complete Guide to Preparation and Management” on the HWKM blog.
Ready to see HWKM working inside your company?
Book a free demo and see for yourself how this aspect of governance is managed fully electronically.
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