28-12-2021
Baladna Company announced the results of the Board of Directors meeting held on 27/12/2021, where the following has been agreed:
1. Approval of the minutes of the previous meeting held on October 28, 2021.
2. Approval of the estimated budget of Baladna Q.P.S.C. for the year 2022.
3. Adoption of the tentative schedule of board meetings dates for the year 2022.
4. Approval of the proposed amendments to the company’s articles of association in compliance with Law No. (8) for the year 2021 issued on 29/07/2021, according to which some provisions of the Commercial Companies Law No. (11) for the year 2015 have been amended, and to move forward with making those amendments according to the followed legal procedures.