SARCO major shareholders seek vote to dismiss board

27/09/2023 Argaam

المصافي تتلقى خطاباً من مساهمين يملكون 10% من رأسمالها للتصويت على عزل مجلس الإدارة

Logo of Saudi Arabia Refineries Co.

Saudi Arabia Refineries Co. (SARCO) received letters from shareholders who own 10% or more of the company's capital, requesting a vote to dismiss the current board and hold a general meeting to elect a new board. 

 

In a statement to Tadawul, SARCO said that it will take the necessary regulatory steps in response to the requests. Any developments will be announced in due course, it added.

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