AlJazira Takaful shareholders to elect board members on July 17

Shareholders of AlJazira Takaful Taawuni Co. are set to vote on electing board members for the next three-year term, during the ordinary general assembly meeting (OGM) scheduled for July 17, according to a bourse filing.

The board term will start from the OGM date.

They will also vote on granting the board the powers of the general assembly as stipulated in the Companies Law, for a period of one year starting from the OGM approval date or until the end of the delegated board’s term, whichever is earlier.

Meanwhile, they will vote on the audit committee formation