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Ader Real Estate shareholders debate board election
Ader Real Estate Company has announced its invitation to its shareholders to attend the first ordinary general assembly meeting on September 28, 2026. The purpose is to elect members of the Board of Directors for a four-year term beginning on October 4, 2026, and ending on October 3, 2030. The agenda includes voting to select Board members from among 28 candidates, including the current President, Abdulrahman bin Aaidh Al-Qahtani, who brings diverse qualifications in economics, real estate development, and financial management. Participation and remote voting are permitted via the "Tadawulati" platform. The first meeting's validity requires the attendance of shareholders representing at least 50% of the company's capital (50 million riyals); otherwise, a second meeting will be held with full validity regardless of the number of shares represented. Electronic voting will commence on September 24, 2026, and will conclude at the end of the meeting, with shareholders given access to candidate information prior to voting.
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