Wafrah says shareholders owning 7.14% of capital request board dismissal

19/07/2020 Argaam

 

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.

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