JAZADCO Opens Nominations for BOD Membership

Jazan Development and Investment Company (JAZADCO) announced on Sunday the opening of nominations for membership in the Company’s Board of Directors for the next session, which will start on April 13, 2025 for a period of four years and end on April 12, 2029.

The Company called on those wishing to run for membership in the Board of Directors, who meet the membership conditions and provisions, to submit their nomination applications during the specified period from today until Nov. 12.

It added that nominations will be in accordance with the provisions of the Companies Law and the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the policy of standards and procedures specified for membership in the Board of Directors approved by the General Assembly, and the nominated members will be elected at the Company’s next General Assembly Meeting, the date of which will be announced later after obtaining the necessary approvals from the concerned authorities.