The Board of Directors of Malath Cooperative Insurance Company has invited shareholders to participate in and vote at the Extraordinary General Assembly Meeting (third meeting), scheduled for 19:00 on Wednesday, January 29, 2025.
The agenda includes key items aimed at aligning the company’s governance and operations with updated regulations:
- Voting on amendments to the Articles of Association to comply with the new Companies Law, including reorganization and renumbering of articles.
- Voting on modifications to Article (12) of the Articles of Association, related to share trading.
- Voting on the deletion of Article (26) concerning the Constituent Assembly.
- Voting on the deletion of Article (27) addressing the responsibilities of the Constituent Assembly.
- Voting on updates to the company’s Governance Regulations.
- Voting on revisions to the policy for nominating and appointing Board members.
As stated in the announcement on “Tadawul,” shareholders will have the opportunity to cast their votes electronically on the agenda items starting at 1:00 AM on Sunday, January 26, 2025. The electronic voting period will remain open until the conclusion of the assembly meeting.
