solutions shareholders to vote on amending bylaws on March 2

Logo of solutions

Arabian Internet and Telecommunication Co. (solutions) shareholders are set to vote on amending the company’s bylaws during the extraordinary general assembly meeting (EGM) that will be held on March 2, the company said in a bourse statement.

During the meeting, shareholders will vote on amending bylaws’ articles related to the company’s name, objectives, participation and ownership in companies as well as the powers of the board of directors.

Meanwhile they will select an external auditor from the candidates based on the audit committee's recommendation and determine his remuneration. The appointed auditor will examine, review and audit the financial statements of Q1, Q2 and Q3 2022 in addition to 2022, and Q1 2023.

The e-voting on agenda items will start as of Feb. 26 via Tadawulaty services.