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مباشر
Shareholders of Shams vote on director removal
Shams Tourism Projects Company plans to hold a general assembly meeting in July 2026 to vote on the removal of current board members, based on a request from shareholders owning more than 10% of the shares, due to declining financial results, performance, and ongoing cumulative losses. If the assembly approves, a vote will be held to elect a new board of directors for a four-year term, comprising candidates from diverse professional backgrounds. It will be ensured that the legal quorum is met with the presence of 25% of shareholders, or a second meeting will be held, which will be valid with any number of shares present.
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