Al Naqool shareholders to start e-voting on EGM agenda on June 13

Mohammed Hasan Al Naqool Sons Co.‘s shareholders will start, on June 13, the electric voting on the agenda of the extraordinary general assembly meeting (EGM) scheduled for June 15, the firm said in a statement to Tadawul.

The meeting’s agenda items include voting on the amendment of Articles 46, 47, 48 and 49 of the company’s bylaws related to the entitlement of profits, distribution of profits for preferred shares, Al Naqool’s losses, liability claim and termination.

Shareholders will also vote on changes to Article 50 of the Basic Law with regards to the application of this law.

In a bourse statement on May 24, the company said that other agenda items include voting on discharging the board of directors from liabilities for 2021, besides voting on financial statements, as well as board and auditor reports for the same year.