The method of holding the ordinary General Assembly and the duration of the invitation is:

Corporate governance regulations often stipulate a specific period for reconvening a general assembly to ensure corporate matters are addressed in a timely manner. If the first meeting lacks the required quorum, a second meeting must be called. A period of thirty days is a standard legal requirement in several jurisdictions, balancing the need for prompt action with providing shareholders adequate time to arrange their attendance. This timeframe prevents indefinite delays in corporate decision-making while upholding shareholder rights.

B. A twenty-day period is generally considered too short to provide sufficient notice to all shareholders, especially in large, geographically dispersed corporations.

C. A sixty-day period is typically deemed too long, as it could significantly delay critical corporate decisions and negatively impact business operations.

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

Article 93, Paragraph 2: "If the required quorum for the first meeting is not met, an invitation shall be extended for a second meeting to be held within (30) thirty days from the date of the previous meeting. The invitation for such meeting shall be announced in accordance with the provisions of Article (90) of the Law." This official legal statute directly supports the thirty-day timeframe.

2. Al-Tamimi & Co., "Setting the Scene – The New Saudi Companies Law" (2023):

In the section analyzing General Assemblies, this legal publication reviews the new law, confirming in its summary of Article 93 that "if the quorum for the first meeting is not met, a second meeting must be called for within 30 days of the first meeting." This serves as a peer-reviewed analysis confirming the primary legal source.