‎TADCO shareholders reject to sell Masader Agricultural stake

‎TADCO shareholders reject to sell Masader Agricultural stake

Logo of Tabuk Agricultural Development Co. (TADCO)

Tabuk Agricultural Development Co.’s (TADCO) shareholders disapproved during the ordinary general meeting (OMG) held on, Oct. 25, the board of directors’ proposal to sell to partner Ahmed Al-Omari, the company’s entire stake in Masader Agricultural Feed Mill Ltd. Co., which is estimated at 60% of the latter’s total shares, including the factory owned by Ahmed Hussein Al-Omari Foundation, whereas the company also owns 60% thereof.