Al Gassim announces General Assembly will not be held due to lack of a quorum

Al Gassim Investment Holding Company announced on Sunday that the Non convenience of its Extraordinary General Assembly’s Meeting (First and Second meeting) on Thursday 14/09/2023 has not been held due to the lack of the necessary quorum.

The company indicated that based on that, it was decided to postpone the General Assembly and call for a third meeting which will be determined and announced later after obtaining the approval of the competent authorities.

The company explained that the attendance rate for the first meeting 16.36217% and the attendance rate for the second meeting 16.37726%.