Saudi Industrial Development Co. (SIDC) shareholders are set to vote on electing members of the board of directors for the upcoming term, starting on Jan. 1, 2022, during the ordinary general assembly meeting that will be held on Nov. 28.
Shareholders will also vote on the formation of audit committee for the same term, according to a bourse filing.
In addition, they will also determine the committee's tasks and work controls, as well as the remuneration of its members.
The candidates are Ibrahim bin Abdullah bin Ibrahim AlHomaidhi, Ibrahim bin Abdulaziz bin Ibrahim Al Rashid, Ahmed bin Abdullah bin Abdurrehman Al Kanhal, Ahmed bin Fouad bin Ahmed Al Baz, and Nasser bin Mishari bin Abdullah Al Furhoud.
Shareholders can begin e-voting on the agenda items through Tadawulaty website, as of Nov. 25.
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