Logo of Saudi Reinsurance Co. (Saudi Re)
Saudi Reinsurance Co. (Saudi Re) shareholders are set to hold an extraordinary general assembly meeting on May 10, during which they will vote on the election of the board members for the upcoming four-year term starting on May 11, 2026.
Shareholders will also decide on the addition of the article (15) of the company’s bylaws related to the issuance and offering of debt instruments, according to a statement to Tadawul.
Moreover, the EGM will vote on the businesses and contracts concluded between the company and SAB Invest, in which the board member Abdulaziz Al-Bassam has an indirect interest due to his membership in its board. This is an investment advisory contract without preferential conditions with an estimated value of SAR 793,473.
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