Thimar shareholders to vote on amending articles of association on Oct. 12

A branch of Thimar

National Agricultural Marketing Co. (Thimar) shareholders will vote on amending articles of association, during the extraordinary general assembly (EGM) slated for Oct. 12, according to a bourse filing.  
 

The amendments in the company's articles of association are related to the establishment of the company, company's name, purposes and capital, as well as powers of the board of directors and dividend distribution.

Furthermore, they will also vote on amending articles of association related to the committees of the board of directors, including audit committee formation, its functions, reports, and work regulations. 

They will vote on endorsing the work regulations of the nominations and remunerations committee,  amending the remuneration policy for board members and the committees emanating from the board and the executive management, and amendments to the policies, standards and procedures for board membership. 
 

Shareholders will vote on appointing an auditor, as well as forming the audit committee for the upcoming term ending in May 2023.

They can e-vote on agenda items as of Oct. 10 through Tadawulaty services.