Wafrah shareholders to vote on amending bylaws on Feb. 13

Logo of Wafrah for Industry and Development Co.

Wafrah for Industry and Development Co.’s shareholders will discuss amending Article 3 of the Bylaws related to the company’s purposes during the extraordinary general meeting (EGM) to be held on Feb. 13, according to a bourse statement.

The company said in a statement on Tadawul that Article 3 will stipulates that the company’s purposes to include manufacturing industries, agriculture and forestry, transportation and storage, wholesale and retail trade, and real estate activities.

Wafrah’s purposes will be arranged according to the National Economic Activities Classification of the International Standard Industrial Classification of All Economic Activities - Amendment IV (ISIC4)).

Shareholders registered in Tadawulaty system will be able to participate and vote on the agenda items as of Feb. 9.