TADCO opens nominations for board membership

Tabuk Agricultural Development Co. (TADCO) announced, on Dec. 15, the opening of nomination for the board of directors’ membership for the new three-year term beginning July 1, 2021, according to a bourse filing.

This will be in accordance with the controls and procedures set out in the Companies’ Law and Corporate Governance Regulations issued by the Capital Market Authority (CMA) as well as the policy, standards and procedures for board membership.

The new board members will be elected in the next general assembly meeting, the date for which will be announced after securing necessary approvals from the legal authorities concerned, the statement said.