The extraordinary general assembly of Al Rouyah Capital Holding Company, held on November 4, 2024, approved the amendment of Article 6 of the Articles of Incorporation and Article 4 of its article of association.
Among the amended purposes of the company is financing or lending to companies in which it holds shares or stakes and guarantees them to others. In this case, the holding company's participation in the capital of the borrowing company must not be less than 20%.
The company also aims to own intellectual property rights, including patents, trademarks, industrial designs, franchises, and other moral rights, and to exploit and lease them to its subsidiaries and others. Furthermore, it can hold shares on behalf of the company only and manage holding activities.
Assemblies
Modification of the company's purposes