Gulf Union Al Ahlia to Discuss Transactions with Related Parties at June General Assembly

The Board of Directors of Gulf Union Al Ahlia Cooperative Insurance Company has invited shareholders to participate in the Ordinary General Assembly Meeting (First Meeting) via modern technology on Tuesday, June 4, 2024. The agenda includes a vote on business and contracts conducted between the company and Rawabi Holding Group. Notably, Mr. Abdulaziz Ali Al-Turki, who serves as Chairman of both entities, has a direct interest. The transactions in question, which occurred during the fiscal year 2023, include insurance policies valued at 7,726.41 Saudi Riyals, executed under standard terms without preferential conditions. Shareholders registered in Tadawulaty can cast their votes remotely from 01:00 AM on Friday, May 31, 2024, until the conclusion of the meeting on June 4, 2024