Aswar International Holding Company amends Article (16) of its Articles of Association

تم النشر على almowazi.com في 25 أبريل 2022

Aswar International Holding Company held its Extraordinary General Meeting (EGM) on Wednesday, 30 March 2022 and approved the amendment of Articles (16) of its Articles of Association as follows: The Chairman of the board of directors or any member of this board may not have any direct or indirect interest in contracts and deals concluded with or for the company, and they may not participate in the management of a company similar to or in competition with their company, the Chairman or any member of its board of directors, even in representing a legal person, may not use the information obtained by virtue of their position to obtain a benefit for themselves or others, and may sell or buy shares in the company during their tenure as members of the board of directors.

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