Riyadh – Mubasher: Jana Medical Company issued a supplementary disclosure regarding its upcoming Extraordinary General Meeting (EGM) scheduled for 10 November.
The company has updated its board of directors nomination materials to include an additional candidate whose application was received within the specified period but was not presented during the initial board recommendation.
The board of directors subsequently approved the inclusion of the candidate, bringing the total number of qualified nominees to eight.
Among the candidates, Eid Sultan Aayed Al Otaibi holds 412,732 shares in the company, with an additional 360,269 shares held by the legal entity he represents.
Another nominee, Haroon Rashid Rabah Abu Shehada, highlighted a professional track record involving the turnaround of a joint-stock agricultural company that had lost over 70% of its capital, eventually achieving profits of SAR 5 million.
The company confirmed that this administrative update to the nomination list has no financial impact.
Shareholders are invited to review the completed resumes of all eight candidates ahead of the voting process at the EGM.
