Logo ofTabuk Agricultural Development Co. (TADCO)
Tabuk Agricultural Development Co.’s (TADCO) shareholders rejected amending bylaws in accordance with the new companies’ bylaws and rearranging and numbering the articles to comply with the proposed amendments. 
The decision was made during an extraordinary general meeting (EGM) held on Dec. 30.
In a statement to Tadawul, the company said that shareholders refused amending Article 18 of the company’s bylaws, regarding the powers of the board and Article 20 regarding the chairman of the board, his deputy, the secretary, and the CEO.
Meanwhile, they rejected adding Article 23 to the company’s bylaws regarding the appointment of the managing director or CEO and secretary and their powers and refrained from amending Article 30 regarding voting and its method in assemblies.
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Logo ofTabuk Agricultural Development Co. (TADCO)
Tabuk Agricultural Development Co.’s (TADCO) shareholders rejected amending bylaws in accordance with the new companies’ bylaws and rearranging and numbering the articles to comply with the proposed amendments.
The decision was made during an extraordinary general meeting (EGM) held on Dec. 30.
In a statement to Tadawul, the company said that shareholders refused amending Article 18 of the company’s bylaws, regarding the powers of the board and Article 20 regarding the chairman of the board, his deputy, the secretary, and the CEO.
Meanwhile, they rejected adding Article 23 to the company’s bylaws regarding the appointment of the managing director or CEO and secretary and their powers and refrained from amending Article 30 regarding voting and its method in assemblies.
