TIBBIYAH approves deletion of article on financial and debt instruments

The Board of Directors of Arabian International Healthcare Holding Company (TIBBIYAH) announced the results of the Company’s Extraordinary General Assembly Meeting (First Meeting), which included the approval of amendments to eight articles of the company’s bylaws and the deletion of one article.

According to a statement on Tadawul, the voting results of the meeting were as follows:

1. Approval of bylaw amendments to align with the new companies’ bylaws, including rearranging and renumbering the articles to reflect the proposed changes.

2. Approval of the deletion of Article (10) of the TIBBIYAH bylaws, which pertains to financial instruments and debt instruments.

3. Approval of the amendment of Article (14) of the bylaws concerning preference shares.

4. Approval of the amendment of Article (17) of the bylaws related to the company’s sale of its shares.

5. Approval of the amendment of Article (18) of the bylaws regarding the company’s pledge of its shares.

6. Approval of the amendment of Article (30) of the bylaws addressing conflict of interest.

7. Approval of the amendment of Article (34) of the bylaws outlining the powers of the Ordinary General Assembly.

8. Approval of the amendment of Article (35) of the bylaws detailing the powers of the Extraordinary General Assembly.

9. Approval of the remuneration policy for the members of the Board of Directors and its committees.