Al Yamamah Steel shareholders to vote on amending bylaws on Aug. 1

Al Yamamah Steel Industries Co.’s shareholders are set to vote on amending bylaws related to board of directors’ authorities, during the extraordinary general assembly meeting (EGM) that will be held on Aug. 1.

They will also vote on amending the remuneration policy for the board of directors, committees and executive management as well as the policy of criteria of the competition of the board member with the company's activities.

Shareholders registered in the Tadawulaty services will be able to vote remotely on the assembly’s items, starting from July 28, until the end of the meeting.