Saudi Networkers Services unveils OGM results

NETWORKERS
9543 0.38% 53.00 0.20 2P
7204.B 0.00% 0.00 0.00

Riyadh — Mubasher: Saudi Networkers Services Company announced the results of its ordinary general meeting (OGM), where shareholders representing 70.02% of the company’s capital approved several key regulatory amendments.

The assembly, held virtually on 25 October 2026, voted in favor of updating the company’s governance regulations and the charters governing both the Audit Committee and the Nomination and Remuneration Committee.

These items each received 99.71% approval from the attending shareholders, with 0.29% abstaining and 00% opposing.

Furthermore, shareholders approved modifications to the remuneration policy for board members, sub-committees, and executive management. This resolution passed with 99.66% support, while 0.05% voted against and 0.29% abstained.

The meeting also ratified updated policies and procedures for board membership and revised competition standards for board and committee members. These final items were approved by a 99.71% majority.

The meeting, which commenced at 19:00, was attended by board members including Abdulmohsen Ibrahim Al Touq and Osama Mohamed Al Sabiq.

Abdullah Al Husseini and Mohammed Abdulkarim Al Muhaimeed represented the Audit and Nomination committees, respectively.

Source: Mubasher Source: {{details.article.source}}