Saudi Summit Trading Opens Nominations for Board of Directors

Saudi Summit Trading Company announced on Tuesday the opening of nominations for its Board of Directors for the upcoming session, set to begin on December 23, 2024, and run for four years until December 22, 2028.

Nominations will follow the guidelines established by the Companies Law issued by the Ministry of Commerce, the Corporate Governance Regulations from the Capital Market Authority, and the company’s bylaws and Board membership policies approved by the General Assembly.

The company stated on Tadawul that the election of nominated members will take place at the next General Assembly meeting, with the date to be announced following necessary regulatory approvals. The nomination period is open as of Tuesday, with a closing date of October 24, 2024.