The legal quorum for holding the ordinary general assembly is:

The quorum for a general assembly meeting is a critical aspect of corporate governance, ensuring sufficient shareholder representation for decision-making. For an ordinary general assembly, if the required quorum for the first meeting (typically representing at least a quarter of the company's capital) is not met, a second meeting is called. According to established corporate law, this second meeting is considered valid regardless of the number of shares represented by the attendees. This legal provision is designed to prevent a deadlock and ensure the continuity of the company's business by allowing necessary decisions to be made even with lower shareholder attendance.

B. This quorum, representing at least a quarter of the company's capital, is the standard requirement for the first meeting of the ordinary general assembly, not the second.

C. This higher quorum, representing at least half of the company's capital, is typically required for an extraordinary general assembly, which handles more significant matters like amending company bylaws.

---

1. Saudi Companies Law, Royal Decree No. M/132 (01/12/1443H).

Article 92, Paragraph 2: "If the necessary quorum for holding the meeting is not met, a second meeting shall be called for, to be held within the thirty (30) days following the date of the previous meeting... The second meeting shall be valid irrespective of the number of shares represented therein." This directly supports answer A.

Article 92, Paragraph 1: "The ordinary general assembly meeting shall be valid only if attended by shareholders representing at least a quarter of the capital..." This confirms that option B is the quorum for the first meeting.

2. Al-Qahtani, M. F. (2016). The Legal Framework for Corporate Governance in Saudi Arabia: A Critical Analysis. School of Law, University of Leeds.

Section 4.3.2, Shareholder Meetings (p. 168): The thesis discusses the quorum requirements under the previous and new Saudi Companies Law, noting that for the second ordinary general meeting, "the meeting will be valid regardless of the percentage of capital represented." This academic source corroborates the legal provision. (Available via White Rose eTheses Online: http://etheses.whiterose.ac.uk/15121/)