Saudi Cement shareholders approve amending bylaws

Logo of Saudi Cement Co.

Saudi Cement Co.’s shareholders approved amending the company’s bylaws in accordance with the new Companies Law, during the extraordinary general meeting (EGM) held on Nov. 22, according to a statement to Tadawul. 

Shareholders also approved amending Article (3) of the company’s bylaws related to the objectives of the company. They also endorsed amending the regulations of the audit committee, the nomination and remuneration committee, the board membership as well as the remuneration of the board members, committees and the executive management.