Gulf Cement Co. Corporate Governance Report for the year December 31,2025 | premargin
Gulf Cement Co. Corporate Governance Report for the year December 31,2025
·ADX·Financial Reports | Corporate Governance Report·March 30, 2026·View on exchange
AI Summary
TC MENA Holdings Ltd. pursued an acquisition of up to 100% of the company’s issued and paid-up share capital following a General Assembly approval on April 17, 2025.
Shareholders approved amendments to the Articles of Association, deleting the requirement for directors to own a minimum of 5,000 shares and removing the citizenship requirement for the majority of board members, excluding the Chairman.
Mr. Jose Bernardo Sena Peralta was appointed as Managing Director and Chief Executive Officer in September 2025, alongside the appointments of Mr. Dirk Beese and Ms. Benedetta Buzzi to the Board of Directors.
Grant Thornton was appointed as the new external auditor for the 2025 fiscal year, replacing Ernst & Young following the completion of their six-year mandatory rotation period.
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