Abu Dhabi – Mubasher: Eshraq Properties Co. will hold its general meeting on 26 January to discuss the appointment of Jassim Al Siddiqi as its new chairman, according to a bourse statement
The company’s shareholders will consider the appointment of Khaled Abdel-Aziz Al Mazeed as a board member to replace Saleh Al Amery and Yasser Hamad Al Sagheer.
Shareholders will also discuss amending the company's statute to conform to the new corporate law and reduce number of board members from 8 to 7.
The meeting will be postponed to 2 February 2017 in case of incomplete quorum.
Eshraq’s stock fell 1.9% to AED 1.04 on Wednesday after generating AED 21.9 million from the exchange of 20.85 million shares.
