Shams shareholders to elect board members for new term on May 27

Tourism Enterprise Co. (Shams) shareholders will vote on electing board members for the upcoming three-year term, which starts May 28, 2021, during the ordinary general meeting (OGM) slated for May 27, according to a bourse filing.

Shareholders will also vote on formation of audit committee, its tasks and its supervisory and advising responsibilities, along with compensations of its members, for the next three-year term that starts May 28.

The candidates of the audit committee are Thamer Musfer Al-Wadie, Mohamed Ahmed bin Ali and Khaled Abdul-Aziz Al Hawshan.

Shareholders will also vote on board of directors’ report, auditor report, and financial statements for 2020, along with voting on discharging the board of directors for 2020.

Shareholders will vote on agenda items through Tadawulaty services.