‎Al Sagr major shareholder withdraws request to dismiss 2 board members

‎Al Sagr major shareholder withdraws request to dismiss 2 board members ‎Al Sagr major shareholder withdraws request to dismiss 2 board members

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Logo ofAl Sagr Cooperative Insurance Co.

Al Sagr Cooperative Insurance Co. received a letter from a major shareholder owning 10% of the UAE’s Al Sagr National Insurance Co., requesting to withdraw his previous letter on holding an ordinary general meeting to dismiss two board members, according to Tadawul website.

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In September, the insurer received a letter from this major shareholder, requesting to convene a general assembly to vote on dismissing Chairman Saud Al Arifi and Yasser Alharbi, non-independent board member, according to data available with Argaam.

 

Logo ofAl Sagr Cooperative Insurance Co.

Al Sagr Cooperative Insurance Co. received a letter from a major shareholder owning 10% of the UAE’s Al Sagr National Insurance Co., requesting to withdraw his previous letter on holding an ordinary general meeting to dismiss two board members, according to Tadawul website.

For more news on listed companies

In September, the insurer received a letter from this major shareholder, requesting to convene a general assembly to vote on dismissing Chairman Saud Al Arifi and Yasser Alharbi, non-independent board member, according to data available with Argaam.

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