Naas Petrol’s shareholders approve amending bylaws

Shareholders of Naas Petrol Factory Co. approved amending the company's bylaws during the extraordinary general meeting (EGM) held on Oct. 3.

In a statement to Tadawul, the company said that shareholders ratified amending Article 2 of the company's bylaws related to the company's name and Article 4 related to its purposes.

This is in addition to amending other articles including those related to the shareholders' register, trading in shares, issuing shares, the powers of the board of directors, as well as the powers of the chairman, vice chairman, managing director and secretary, the statement added.