Almunajem shareholders to vote on adding new activities on July 31

Logo of Almunajem Foods Co.

Almunajem Foods Co. is set to hold its extraordinary general meeting (EGM) on July 31 to vote on amending Article 3 of the company's articles of association related to its business objectives, the company said in a statement on Tadawul.

Almunajem explained that the proposed amendment involves expanding its business activities to include the maintenance and repair of motor vehicles, preparation of ready-made meals and dishes, production of dairy products, manufacture of other food products, and the production of vegetable and animal oils and fats.

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The company also plans to add agriculture, forestry, and fishing, as well as information and communications (ICT), to its list of business objectives, the statement added.