Al Ahsa Development Co.’s shareholders approved amending Article 2 of the company’s bylaws related to its change of name, during the extraordinary general assembly meeting held on June 25, the firm said in a bourse statement.
Shareholders also ratified amending Article 5 of the company’s bylaws related to relocation of its headquarters.
According to data compiled by Argaam, the proposed amendment to the Article 2 of the company’s bylaws included changing the name to Ayan Investment Co.
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