Dec. 30: TADCO Assembly Discusses Bylaws Amendment on Board Powers

The Board of Directors of Tabuk Agricultural Development Co. (TADCO) announced on Sunday that it invited the shareholders to participate and vote in the Extraordinary General Assembly Meeting (Third Meeting) scheduled to be held at 06:30 P.M. on Monday, Dec. 30, 2024.

Agenda:

– Voting on amending the Company’s Bylaws in accordance with the new companies’ bylaws and rearranging and numbering the articles of the Company’s Bylaws to comply with the proposed amendments.

– Voting on amending Article No. (18) of the Company’s Bylaws, regarding the Powers of the Board.

– Voting on amending Article No. (20) of the Company’s Bylaws, regarding the Chairman of the Board of Directors, his deputy, the Secretary, and the CEO – the Chairman of the Board of Directors and his deputy.

– Voting on adding Article No. (23) to the Company’s Bylaws, regarding the Appointment of the Managing Director or the CEO and Secretary and their powers.

– Voting on amending Article No. (30) of the Company’s Bylaws, regarding the Voting and its method in assemblies.