Abo Moati shareholders elect board members for new term

01/01/2025 Argaam
Logo ofAbdullah Saad Mohammed Abo Moati for Bookstores Co.

Logo of Abdullah Saad Mohammed Abo Moati for Bookstores Co.

Shareholders of Abdullah Saad Mohammed Abo Moati for Bookstores Co. (Abo Moati) elected board members for the upcoming four-year term, starting Jan. 1, 2025, during the extraordinary general meeting (EGM), held on Dec. 31, 2024, according to a statement to Tadawul.
 
 
These board members are Mohammed Shabib Al Mutlaq, Saad Abdullah Abo Moati, Saeed Omar Ba Saeed, Mohammed Abdullah Abo Moati, Sultan Ahmed Al Shubaily, Abdullah Saud Al Rashoud.
 

Shareholders also approved the disbursement of SAR 900,000 in remuneration to the board members for the fiscal year ended on March 31, 2024.

 

They further endorsed the amendment of Article (16) of the company's bylaws related to the number of the board members, board remuneration policy, committees, and executive management, and audit committee regulations.

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