Al Jouf Cement says EGM not held due to lack of quorum

Al Jouf Cement Co. announced in a bourse filing that its extraordinary general meeting (EGM) – a second meeting, slated for Feb. 15 – was not held due to lack of quorum.

Shareholders were slated to discuss amending articles of association related to the company's objectives, participation and ownership in companies, head office, board meetings, the quorum of EGMs, the formation of the audit committee, the distribution of profits and the audit work regulations, Argaam earlier reported.