"Al Sharq Brokerage" agrees to amend its purposes.

تم النشر على almowazi.com في 11 أغسطس 2024
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The extraordinary general assembly of Al- Sharq Financial Brokerage Company held on July 14, 2024, at its headquarters, agreed to amend Article No. 5 and Article No. 4 of its Articles of Association, as follows:  

The company was established for the following purposes: 

To act as securities brokers registered on the stock exchange. 

To serve as securities brokers not registered on the stock exchange. 

To buy and sell shares and bonds on behalf of the company. 

To buy and sell land and real estate solely on behalf of the company. 

Additionally, it was agreed to amend Article 14 of the company’s articles of association to read as follows: 

The company shall be governed by a Board of Directors consisting of five (5) members elected by the general assembly through secret ballot, with a requirement that at least 20% of the board members are independent. 

Assemblies
Modification of the company's purposes

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