Dar Almarkabah gets shareholder request for removal of board member

06/11/2023 Argaam
Logo ofDar Almarkabah for Renting Cars Co.

Logo of Dar Almarkabah for Renting Cars Co.

Dar Almarkabah for Renting Cars Co. received a letter from a substantial shareholder, owning more than 10% of the company's capital, requesting to hold an extraordinary general meeting (EGM) to vote on the removal of board member Eyad Bakhsh. 

 

In a statement to Tadawul, the company will undertake the required actions in compliance with applicable regulations and rules, which will be announced later. 

 

According to data available with Argaam, Dar Almarkabah terminated its contract with the CEO, Eyad Bakhsh, effective Oct. 3, 2023. 

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