‎GASCO EGM to vote on transforming into holding company on Nov. 4

‎GASCO EGM to vote on transforming into holding company on Nov. 4 ‎GASCO EGM to vote on transforming into holding company on Nov. 4

​‎

Logo fNational Gas and Industrialization Co. (GASCO)

Shareholders ofNational Gas and Industrialization Co. (GASCO)will vote at the extraordinary general meeting (EGM) on Nov. 4, 2025, on converting the company’s legal status into a holding company.

Advertisement

In a statement on Tadawul, GASCO said that shareholders will also vote on amending Article 3 of the company’s Articles of Association related to its objectives to align with its new status as a holding company by removing operational activities.

The meeting will further vote on reducing the number of board members from 10 to seven.

Additionally, shareholders will vote on electing board members for the new four-year term, starting Nov. 29, in accordance with the list of nominees based on the outcome of the item related to reducing the number of board members.

 

Logo fNational Gas and Industrialization Co. (GASCO)

Shareholders ofNational Gas and Industrialization Co. (GASCO)will vote at the extraordinary general meeting (EGM) on Nov. 4, 2025, on converting the company’s legal status into a holding company.

In a statement on Tadawul, GASCO said that shareholders will also vote on amending Article 3 of the company’s Articles of Association related to its objectives to align with its new status as a holding company by removing operational activities.

The meeting will further vote on reducing the number of board members from 10 to seven.

Additionally, shareholders will vote on electing board members for the new four-year term, starting Nov. 29, in accordance with the list of nominees based on the outcome of the item related to reducing the number of board members.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement