The Egyptian Resorts Company adds the restructuring clause of the Board of Directors to its generality table

Economy and stock exchange

The Egyptian Company for Tourism Resorts announced the postponement of the Ordinary General Assembly meeting to Wednesday 10 July, with the addition of the restructuring of the company at the request of some shareholders.

The company explained in a disclosure to the stock exchange on Monday the postponement decision so that the board of directors can be restructured after the completion of the amendment of the company's articles of association to allow cumulative voting in accordance with the resolutions adopted in this regard and presented to the Extraordinary General Assembly at its meeting on Tuesday, June 11, and to give sufficient opportunity to shareholders wishing to nominate the Board of Directors to submit their nominations.

– Egyptian Tourism Resorts