SIIG shareholders to elect board members for new term on May 16

23/04/2024 Argaam
Logo ofSaudi Industrial Investment Group (SIIG)

Logo of Saudi Industrial Investment Group (SIIG)

Shareholders of Saudi Industrial Investment Group (SIIG) will vote on electing board members in an extraordinary general meeting (EGM) set for May 16, for the upcoming four-year term.

 

The new term will start on May 17, 2024, and end on May 16, 2028, according to a statement to Tadawul.

 

The board members’ elections will be conducted if shareholders approve terminating the current board term on May 16, 2024 instead of June 30, 2024.

 

Shareholders will also vote on authorizing the board to distribute interim dividends on a semi-annual/quarterly basis for 2024, the statement added.

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