Taiba Holding announces the results of the 13th Extraordinary General Meeting (1st Meeting)

The statutory quorum for the holding of the Extraordinary General Assembly for the shareholders of Taibah Holding was completed on the first date of the Assembly meeting which was held at Taibah headquarters in Madinah at 10:30 pm on Sunday, 1438/09 / 09H corresponding to 2017/06/04 with an attendance rate of 56,20 ) Of the total capital of Taiba, where voting by the shareholders (present and remote voting) was approved by an absolute majority on the agenda items of the Assembly as follows: 1- Approving the amendment of the Company’s Articles of Association in light of the provisions of the new Companies Law in accordance with the formula presented to the Assembly. 2 – Approval of the formation of the Audit Committee to complete its current session, which expires on 31/12/2017, and determine the tasks and controls of its work and the remuneration of its members in accordance with the list of the Audit Committee before the Assembly. The candidates – approved by the Assembly – are the current members of: a. Chairman of the Committee, Mr. Nasser bin Abdullah Al Awfi, from outside the Board of Directors. B. Member of the Committee Dr. Walid bin Mohammed Al-Issa, Vice Chairman of the Board. C. Member of the Committee Mr. Fahad bin Mohammed Al Fawaz, Board Member.