Takween Advanced Industries Co. announces the results of shareholder Extraordinary general assembly meeting
Takween Advanced Industries Co. has announced that the company held its Sixth Extraordinary general assembly meeting in the Takween head office in Al Khobar City, King Fahed Bin Abdulaziz Road, Al Towarqi Tower (2nd Floor) in Al Khobar on 25-12-2016 corresponding to 26-03-1438 at 6:30 in the evening. All resolutions of the meeting are as follows:
Frist: Approve the amendment of article (3) of the bylaws regarding the Company’s activities.
Second: Approve the amendment of article (19) of the bylaws regarding the Company’s Board of Directors authorities.
Third: Approve the amendment to Article (26) of the bylaws regarding the Company’s share capital pursuant to such increase in capital.
Fourth: Approve the full amendment of Company’s bylaw that was prepared based on the new company’s law issued by the royal declaration no m/3 dated 28/1/1437H.
Fifth: approve the appointing of audit committee and the determination of its responsibilities, activities, and the remuneration of its members for the new round which was started on 22/11/2016G for three Gregorian years. The below are the elected audit committee members:
a) Dr. Suliman Al Towajri
b) Dr. Suliman Al Sakran
c) Mr. Waleed Shokrie
Sixth: approve the corporate governance manual on its third edition.