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The Food Development Business Company announces the results of the third extraordinary general assembly meeting held in Riyadh. During the meeting, substantial amendments were approved to the company's basic regulation to enhance the flexibility of its organizational and operational structure. Additionally, Wissam Khalid Abdullah Hindawi was elected as an independent member of the Board of Directors for the term from October 30, 2024, to October 29, 2027. The candidate received support from 48.51% of the votes. Furthermore, Article Four of the bylaws was amended with the approval of 94.52% of the shareholders. This meeting reflects the company's commitment to improving governance and expanding its activities in accordance with Saudi regulations.
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