Chemanol major shareholders seek to dismiss 2 board members

Logo of Methanol Chemicals Co. (Chemanol)

Methanol Chemicals Co.’s (Chemanol) shareholders, owning more than 10% of capital, requested a general meeting to vote on dismissing two board members, according to a statement to Tadawul.

These board members are Hani Sulaiman Al-Saleh and Sabri Abdullah Al-Ghamdi.

The company will undertake necessary procedures in line with the relevant rules and regulations, the statement said, adding that any developments will be announced.

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