‎Shams receives request from shareholders to dismiss board

‎Shams receives request from shareholders to dismiss board ‎Shams receives request from shareholders to dismiss board

​‎

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.

Advertisement

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.

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Your email address will not be published.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