Shams shareholders request board dismissal
Tourism Enterprise Co. (Shams) received a letter from shareholders owning 10.4% of the company’s capital, requesting to convene a general assembly meeting to vote on the dismissal of the board of directors and its affiliated committees, according to a statement to Tadawul.
Accordingly, the company will take the necessary regulatory procedures in accordance with the applicable laws and regulations and will announce further details in due course.
In October 2023, shareholders elected board members for the current term, which ends on May 27, 2028, Argaam data showed.
Shams shareholders request board dismissal
Tourism Enterprise Co. (Shams) received a letter from shareholders owning 10.4% of the company’s capital, requesting to convene a general assembly meeting to vote on the dismissal of the board of directors and its affiliated committees, according to a statement to Tadawul.
Accordingly, the company will take the necessary regulatory procedures in accordance with the applicable laws and regulations and will announce further details in due course.
In October 2023, shareholders elected board members for the current term, which ends on May 27, 2028, Argaam data showed.

