Wafrah says shareholders owning 7.14% of capital request board dismissal

Wafrah for Industry & Development Co. (Wafrah) received a letter from some shareholders, owning around 7.14% of capital, requesting to take regulatory measures with regards to the dismissal of the current board of directors and the appointment of a new one.

The company said in a bourse statement that the board will take the required relevant measures as per the regulations.

Any updates will be revealed in due course, the statement added.