Further to the announcement of Methanol Chemical Co. (Chemanol) published on Tadawul website on 11/08/1437 A. H corresponding to 18/05/2016 related to the ordinary general assembly meeting to be held on Sunday 29/08/1437 H. corresponding to 05/06/2016, the Company would like to announce that it has obtained the approval of the official authorities to amend the meeting agenda by adding the following new item:
9-To vote on the recommendation of the Board of Directors to pay SAR 1,800,000 as Board remuneration for the year 2015. Such payment shall be according to the terms of office of the members in the current and previous Board during the year 2015. In addition, payment of remuneration of SAR 200,000 to the Chairman for his membership in the Executive Committee as well as his supervisory role in the Cost Reduction and Optimization Program and Organization Restructuring of the Company
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