Najran Cement’s EGM approves amending bylaws

Najran Cement Co.’s extraordinary general assembly approved on Monday adding new articles to the company’s bylaws to allow it to buy, sell and mortgage its stocks, Najran said in a regulatory statement.

Shareholders also amended articles related to board remunerations and dividend distributions.

During the meeting, attendees also approved new rules for nomination and remunerations committee, audit committee, policies and standards of the board and remuneration policies for the board and top executives.