Naseej shareholders elect board members for new term

Logo of Naseej International Trading Co.

Shareholders of Naseej International Trading Co. approved the election of board members for the upcoming four-year term beginning July 16, 2024, during the ordinary general meeting (OGM) held on May 22, according to a statement to Tadawul.

The newly elected members are Wael Al Rashid, Yasser Al-Aqeel, Rashed Al Rashed, Musalli Almuammar, Meshari Alnashwan and Feras Al Harbi.

Shareholders also approved authorizing the board of directors in accordance with Paragraph (1) of Article 27 of the Companies Law, for a period of one year from the date of the approval or until the end of the board’s term, whichever comes first, under the conditions contained in the executive regulations of the Companies Law for listed joint-stock companies.

Shareholders also approved granting the board the authority of the OGM, for one year from the approval date or until the end of the board’s term, whichever comes first, in accordance with the Companies Law.