Red Sea shareholders approve amending articles of association, committee charters

25/08/2021 Argaam

Red Sea International Co.'s shareholders approved amending the articles of association related to the company objectives, during the extraordinary general meeting (EGM) held on Aug. 24, according to a bourse filing.

 

Shareholders also approved the appointment of Mohammed Zaher Al-Munajjed as an audit committee member, effective as of EGM date until May 9, 2024, in place of the resigned member, Khalid Mohammed Fagih.

 

Furthermore, they endorsed amending the charters of corporate governance, remuneration, audit committee, and nomination and compensation committee, as well as board membership policy. 

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.