SHL shareholders to vote on rebranding into SHL Financing on Feb. 14

19/01/2023 Argaam
Logo of Saudi Home Loans Co. (SHL)

Logo of Saudi Home Loans Co. (SHL)

Saudi Home Loans Co.’s (SHL) shareholders are set to vote on amending Article (2) of Articles of Association to amend the company’s name from Saudi Home Loans Co. (a closed joint-stock company) to SHL Financing Co. (a public joint-stock firm), during the extraordinary general meeting (EGM) that will be held on Feb. 14.

 

Shareholders will also vote on amending Article (3) of Articles of Association related to the company’s activities, SHL said in a statement on Tadawul.

 

Meanwhile, they will elect board members for the upcoming three-year term starting on Feb. 14, 2023.

 

In addition, they will elect members of the audit committee for the new term. Nominees include Mohammed Alageel (independent non-board member), Ahmed Al Duhailan (non-executive board member), Yazeed Al-Suwailem (independent non-board member), Thamer Al-Wadey (independent non-board member) and Saud Al Qaseer (independent board member).

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