Thimar shareholders to elect new board on May 14

Shareholders of National Agricultural Marketing Co. (Thimar) will vote on electing a new board of directors for the next three-year term in the general meeting scheduled for May 14, the company said in a bourse statement on Monday.

The new board term will start on May 14, 2020.

They will also vote on the audit committee formation and member remuneration policy for the next three-year term.

Shareholders will be able to participate and vote on agenda items through Tadawulaty services offered by the Securities Depository Center Co. (Edaa).

On March 16, the Capital Market Authority (CMA) issued circular enabling shareholders to participate and vote on general meeting agenda items through Tadawulaty in line with the government’s efforts to prevent spread of coronavirus, Argaam earlier reported.