Alqanoni

Companies Law

Art. 89
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

If a decision issued by the ordinary general assembly involves amending the rights of a certain class of shareholders, said decision shall not take effect unless approved by the shareholders of such class having voting rights at a special assembly meeting convened in accordance with the provisions applicable to the extraordinary general assembly and the issuance of its decisions.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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