TADCO shareholders to vote on amending bylaws on Dec. 30

08/12/2024 Argaam
Logo ofTabuk Agricultural Development Co. (TADCO)

Logo of Tabuk Agricultural Development Co. (TADCO)

Tabuk Agricultural Development Co.s shareholders are set to vote on amending its bylaws, as well as rearranging and renumbering articles to align with the proposed changes, during an extraordinary general meeting (EGM) on Dec. 30, according to a statement to Tadawul.

 

Shareholders will vote on amending Article 18 of the company’s bylaws, which pertains to the powers of the board, and Article 20, which addresses the chairman, deputy chairman, secretary, and CEO.

 

They will also vote on adding Article 23 to the company’s bylaws, covering the appointment and powers of the Managing Director or CEO and secretary, as well as amending Article 30 regarding voting procedures in assemblies, the statement added.

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