Riyadh — Mubasher: Cherry Trading Company announced that its shareholders have approved the election of three new members to fill vacant seats on the board of directors.
The decision was reached during an ordinary general assembly meeting (OGM) held on 14 October, according to a bourse filing.
The newly elected members include Mohammed Salem Musnad Al Juhani, Mohammed Saad Abdulaziz bin Dawood, and Abdullah Abdulaziz Mohammed Al Mousa.
These appointments are intended to complete the current board term, which commenced on 14 October 2026 and is scheduled to conclude on 19 December 2028.
The resolution passed with a significant majority, receiving 99.80% of the votes in favor.
According to the company disclosure, there were no opposing votes, while abstentions accounted for 0.19% of the total.
The meeting was attended by several key executives and board officials, including Chairman Riyadh Ibrahim Al Rumaizan and Acting CEO Zaid Mohammed Al Nasser.
The assembly also saw participation from the heads of the audit and nomination committees to oversee the proceedings.
