Umm Al-Qura Cement Co. is excited to announce the commencement of the nomination process for prospective members of the Board of Directors for the upcoming term, set to run from July 4, 2024 AD, to July 3, 2027 AD, spanning a three-year duration.
Individuals interested in applying for board membership, possessing the requisite qualifications and meeting the specified requirements, are invited to submit their candidacy applications during the designated period, adhering to the details outlined in this announcement.
The nomination process will adhere to the guidelines stipulated in the Companies Law issued by the Ministry of Commerce, the Corporate Governance Regulations set forth by the Capital Market Authority, and the policies, standards, and procedures governing Board of Directors membership as sanctioned by the General Assembly. The elected candidates will be officially determined at the forthcoming General Assembly meeting of the company, the details of which will be communicated later following the acquisition of necessary approvals from the competent authorities.
