GASCO EGM OKs transformation into holding company, elects new board

05/11/2025 Argaam
Logo ofNational Gas and Industrialization Co. (GASCO)

Logo of National Gas and Industrialization Co. (GASCO)

Shareholders of National Gas and Industrialization Co. (GASCO) approved converting the company into a holding structure at an extraordinary general meeting (EGM) on Nov. 4.

 

In a statement to Tadawul, the company said shareholders also approved amending Article 3 of its Articles of Association to align with the new structure by removing operational activities from its objectives.

 

The EGM also approved the election of a new board for a four-year term starting Nov. 29, 2025. The board members are Mohammed Al Nafea, Ahmed Al Mohsen, Mohammed Al Kathiri, Abdulaziz Al Khayyal, Abdulrahman Bin Sulaiman, Abdulrahman Al Rawaaf, and Muhannad Al Amil.

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