ARTEX Industrial Investment announces opening of nomination period for BOD membership

Artex Industrial Investment Company announced on Thursday the opening of candidacy for membership on the company’s board of directors for the next session, which will begin on January 23, 2025, and last four Gregorian years.

Those who wish to join the company’s board of directors must submit an application for candidacy within the time frame specified in this announcement.

The nomination will be in accordance with the provisions contained in the Companies Law, the Executive Regulations issued by the Ministry of Commerce, and the Corporate Governance Regulations issued by the Capital Market Authority, as well as the Company’s Bylaws, the policies, standards, and procedures for membership of The Board of Directors.

The Regulations of Competition Controls and Standards are approved by the General Assembly of the Company’s shareholders, and the Board of Directors members will be elected. Candidates will be selected at the company’s general assembly meeting, which will be announced later, God willing, once the necessary approvals from the competent authorities have been obtained.