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Al-sagr Insurance Co. Announces that it has received a letter from some shareholders requesting to hold Ordinary General Assembly meeting to dismiss some members of the Board of Directors

8180
ALSAGR INSURANCE
2.54 %
1446/03/02     05/09/2024 09:55:25

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Announcement Detail Al-Sagr Insurance Co. Announces that it has received a letter from shareholder owning (10%) of company’s capital requesting to hold a General Assembly meeting to vote on some of the board members.

Chairman \ Eng. Saud Al-Arefe (independent)

Board member \ Dr. Yasser Al-harbi (not independent)

Accordingly, the company will take the necessary legal procedure regarding the requests, and any developments in this regard will be announced in due course.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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